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Property profile & analytics
OFF-MARKET
Estimated value
$1,260,000
Grocery and convenience stores
600 Hwy 17th S, Surfside Beach, SC 29575-6057
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US77-1255102
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1960
Construction
CONCRETE
Total area
1,642 SF
Lot
0.46 ac (20,038 SF)
Zoning code
C2
APN
444-01-04-0014
UPID
US77-1255102
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.26M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.14M
Blend (final)
Blend
$1.26M
Owner & transaction history
Chaudharipatel LLC · 2 yrs held
Chaudharipatel LLC
since 2024
Last sale
$1.3M
7 recorded transactions
Zoning & alternative use
C2 · Surfside Beach, SC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$845,000
+293.3%
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 Surfside Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Surfside 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
Method
Estimation
Statistic approach
$1,260,000
ML approach
$1,260,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$845,000
Change: +293% · Conversion: Easy
Blend value · Realmo final
$1.26M
Range $1.13M – $1.39M · ±10% · vs last sale $1.26M (Jun 13 2024)
Last sale anchor
$1.26M
Jun 13 2024
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$767 / 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
$10,626
Tax year 2023
Assessed value
$37,524
Assessed 2023
Previous assessed
$37,524
+0.0% YoY
Effective rate
28.32%
On assessed value
Assessed land
$16,834
Assessed improvement
$20,690
Land market value
$280,560
Improvement market value
$457,500
Total market value
$738,060
Applied tax rate
893.0000
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
1960
Construction
CONCRETE
Heating
SOLAR
Cooling
CENTRAL
Buildings
2
Total area
1,642 SF
Lot
0.46 ac (20,038 SF)
Zoning code
C2
APN
444-01-04-0014
UPID
US77-1255102
Jurisdiction
HORRY
Zoning & alternative use
C2 · Surfside Beach, SC
Zoning C2 · permitted uses
C2 · Surfside Beach, SC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Surfside Beach. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$845,000
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1960
Construction
CONCRETE
Heating
SOLAR
Cooling
Yes
Buildings
2
Lot
0.46 ac
Current owner
From public records · entity-resolved
Chaudharipatel LLC
Entity
Mailing address
600 N KINGS HWY, MYRTLE BEACH, SC 29577-3745
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 13, 2024
$1,260,000
Chaudharipatel LLC
600 N Kings Hwy LLC
Warranty Deed
$945,000 · Conway National Bank
Aug 4, 2020
—
600 N Kings Hwy LLC
—
Deed
related
$1,800,000 · Coastal Carolina Nat'l Bk
Mar 29, 2012
—
600 N Kings Hwy LLC
Deepti P Patel
Grant Deed
related
—
Aug 27, 2008
$675,000
Patel,deepti P
Melsam Legacy
Warranty Deed
$573,750 · Branch Bk&tr
Sep 7, 2005
—
Nextmedia Outdoor INC
Melsam Legacy
Grant Deed
related
—
Jan 28, 2002
—
Melsam Legacy LP
—
Grant Deed
related
—
Jun 23, 2001
—
First Union Natl Bank
—
Deed Of Trust
related
—
—
—
Patel,deepti P
—
Deed Of Trust
related
$1,600,000 · Coastal Carolina Nat'l Bk
—
—
600 N Kings Hwy LLC
—
Deed Of Trust
related
$1,800,000 · Coastal Carolina Nat'l 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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