New search
Property profile & analytics
FOR LEASE
Retail space
515 9Th Ave North Myrtle Beach, SC 29577
Entity Owned
7-yr Hold
Free & Clear
Property ID
US77-1891222
For Lease
1 / 2
$13 SF/Yr
515 9Th Ave North, Myrtle Beach, SC 29577
View Listing →
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1950
Total area
2,500 SF
Lot
0.06 ac (2,614 SF)
Zoning code
C-1
APN
444-01-01-0033
UPID
US77-1891222
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
ESA Fitness Gym & Fitness Center
-
Myrtle Beach Risk Management City Government Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Myrtle Bk City Of · 7 yrs held
Myrtle Bk City Of
since 2018
5 recorded transactions
Zoning & alternative use
C-1 · Myrtle Beach, SC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Myrtle Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Myrtle Beach submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Assessed value
$9,018
Assessed 2023
Assessed land
$3,300
Assessed improvement
$5,718
Land market value
$55,000
Improvement market value
$95,300
Total market value
$150,300
Applied tax rate
899.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
For Lease
Year built
1950
Heating
SOLAR
Cooling
CENTRAL
Total area
2,500 SF
Lot
0.06 ac (2,614 SF)
Zoning code
C-1
APN
444-01-01-0033
UPID
US77-1891222
Jurisdiction
HORRY
Zoning & alternative use
C-1 · Myrtle Beach, SC
Zoning C-1 · permitted uses
C-1 · Myrtle Beach, SC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Myrtle Beach. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1950
Heating
SOLAR
Cooling
Yes
Lot
0.06 ac
Current owner
From public records · entity-resolved
Myrtle Bk City Of
Entity
Free & Clear · 7 yrs held
Mailing address
PO BOX 2468, MYRTLE BEACH, SC 29578-2468
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 4, 2018
—
Myrtle Bk City Of
Myrtle Bk Downtown Redev Corp
Quit Claim Deed
related
—
Oct 30, 2018
—
Myrtle Bk Coty Of
Myrtle Bk Downtown Redev Corp
Quit Claim Deed
related
—
May 25, 2017
—
Melvina D Davis
William L JR
Quit Claim Deed
related
—
May 25, 2017
$400,000
Myrtle Bch Downtown Redev Corp
Paula D Altizer
Warranty Deed
$10,000,000 · South Atlantic Bk
May 5, 2017
—
Altizer,robert K Trust
Robert K Altizer
Quit Claim Deed
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
