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Property profile & analytics
OFF-MARKET
Retail space
5901 Kings Hwy Myrtle Beach, SC 29577-2329
Individually Owned
8-yr Hold
~
Est. High Equity
Property ID
US77-0809441
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1975
Construction
CONCRETE
Total area
2,400 SF
Lot
0.04 ac (1,742 SF)
Zoning code
AC2
APN
421-11-01-0017
UPID
US77-0809441
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
-
Lakewood Camping Resort Campground & RV Park
-
Globe Life Family Heritage Division: Dave Whichard Insurance Agency
-
Lakewood Report Meeting Wedding Service
-
Montana's Fish Fry Restaurant
-
Lakewood Campground Trading Post Campground & RV Park
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
Giuseppe Chillico · 8 yrs held
Giuseppe Chillico
since 2017
2 recorded transactions
Zoning & alternative use
AC2 · 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
Tax billed
$1,205
Tax year 2023
Assessed value
$4,405
Assessed 2023
Previous assessed
$4,405
+0.0% YoY
Effective rate
27.36%
On assessed value
Assessed land
$1,568
Assessed improvement
$2,837
Land market value
$26,140
Improvement market value
$62,900
Total market value
$89,040
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1975
Construction
CONCRETE
Heating
FORCED AIR
Cooling
CENTRAL
Total area
2,400 SF
Lot
0.04 ac (1,742 SF)
Zoning code
AC2
APN
421-11-01-0017
UPID
US77-0809441
Jurisdiction
HORRY
Zoning & alternative use
AC2 · Myrtle Beach, SC
Zoning AC2 · permitted uses
AC2 · 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
1975
Construction
CONCRETE
Heating
FORCED AIR
Cooling
Yes
Lot
0.04 ac
Current owner
From public records · entity-resolved
Giuseppe Chillico
Individual
Mailing address
5900 N KINGS HWY, MYRTLE BEACH, SC 29577-2326
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 5, 2017
—
Giuseppe Chillico
—
Deed
related
$195,000 · Anderson Brothers Bk
—
—
Giuseppe Chillico
—
Deed Of Trust
related
$195,000 · Anderson Brothers Bk
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.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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