New search
Property profile & analytics
OFF-MARKET
Estimated value
$2,935,000
Golf courses & driving ranges
5401 Kings Hwy, Myrtle Beach, SC 29577
Entity Owned
11-yr Hold
Absentee Owner
Free & Clear
Property ID
US77-1807951
Property profile
Verified
Property type
Golf courses & driving ranges
Use group
GOLF COURSE
Year built
1927
Construction
CONCRETE BLOCKS
Total area
27,100 SF
Lot
156.18 ac (6,803,201 SF)
APN
421-00-00-0010
UPID
US77-1807951
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
-
Pirateland Camping Resort Campground & RV Park
-
North Group Real Estate Real Estate Agency
-
Pirateland Family Camp Ground, Myrtle Beach, Sc Campground & RV Park
-
Myrtle Beach Medical Waste Disposal Waste Management Facility Hazardous Waste Disposal
-
Pirate Land Camp Ground Store Department Store Grocery & Convenience Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.94M
Owner & transaction history
Founders National Golf LLC · 11 yrs held
Founders National Golf LLC
since 2015
4 recorded transactions
Zoning & alternative use
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
$108 / SF
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
Tax billed
$35,808
Tax year 2023
Assessed value
$131,070
Assessed 2023
Previous assessed
$131,070
+0.0% YoY
Effective rate
27.32%
On assessed value
Assessed land
$131,040
Assessed improvement
$30
Land market value
$2,184,000
Improvement market value
$500
Total market value
$2,184,500
Applied tax rate
880.0000
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
Golf courses & driving ranges
Use group
GOLF COURSE
Status
Off-Market
Year built
1927
Construction
CONCRETE BLOCKS
Heating
SOLAR
Cooling
CENTRAL
Buildings
2
Total area
27,100 SF
Lot
156.18 ac (6,803,201 SF)
APN
421-00-00-0010
UPID
US77-1807951
Jurisdiction
HORRY
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1927
Construction
CONCRETE BLOCKS
Heating
SOLAR
Cooling
Yes
Buildings
2
Lot
156.18 ac
Current owner
From public records · entity-resolved
Founders National Golf LLC
Entity
Free & Clear · 11 yrs held
Mailing address
8700 GOLF VLG LN, MYRTLE BEACH, SC 29579-5100
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 9, 2017
—
Founders National Golf LLC
—
Grant Deed
related
$45,884,421 · Founders Grp Int'l LLC
Apr 23, 2015
$5,080,000
Founders National Golf LLC
National Golf Management LLC
Grant Deed
related
—
Mar 1, 2012
—
B & C Golf Ventures LLC
Pine Lakes Dev Co LLC
Grant Deed
related
—
May 6, 2009
—
Myrtle Beach Farms Co INC
—
Grant Deed
related
$20,000,000 · Bank Of America
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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