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Property profile & analytics
OFF-MARKET
Estimated value
$7,905,000
Medical Office Space
6010 Hwy 707 Myrtle Beach, SC 29588-7321
Entity Owned
8-yr Hold
Free & Clear
Property ID
US77-1850998
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1906
Construction
CONCRETE
Total area
40,089 SF
Lot
8.18 ac (356,321 SF)
Zoning code
R-1
APN
440-15-01-0054
UPID
US77-1850998
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
by Request
CAP Approach
CAP
$9.22M
Comparable Approach
Comparable
$5.97M
Blend (final)
Blend
$7.91M
Owner & transaction history
Conway Hospital INC · 8 yrs held
Conway Hospital INC
since 2017
6 recorded transactions
Zoning & alternative use
R-1 · Myrtle Beach, SC
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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$9,990,000
6.5%
$9,220,000
7%
$8,565,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$12,080,000
Current use
Blend value · Realmo final
$7.91M
Range $7.11M – $8.70M · ±10%
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
$197 / 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
$1,283
Tax year 2023
Assessed value
$1,000,915
Assessed 2023
Effective rate
0.13%
On assessed value
Assessed land
$142,297
Assessed improvement
$858,618
Land market value
$2,454,000
Improvement market value
$14,310,300
Total market value
$16,764,300
Applied tax rate
630.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1906
Construction
CONCRETE
Heating
HOT WATER
Cooling
CENTRAL
Stories
2
Rooms
10
Bathrooms
2
Total area
40,089 SF
Lot
8.18 ac (356,321 SF)
Zoning code
R-1
APN
440-15-01-0054
UPID
US77-1850998
Jurisdiction
HORRY
Zoning & alternative use
R-1 · Myrtle Beach, SCZoning R-1 · permitted uses
R-1 · Myrtle Beach, SC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
code of ordinances
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$12.1M
MEDICAL BUILDING Current
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
1906
Construction
CONCRETE
Heating
HOT WATER
Cooling
Yes
Stories
2
Rooms
10
Bathrooms
2
Lot
8.18 ac
Current owner
From public records · entity-resolved
Conway Hospital INC
Entity
Free & Clear · 8 yrs held
Mailing address
300 SINGLETON RDG RD, CONWAY, SC 29526-9142
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 11, 2017
$1,150,000
Conway Hospital INC
Erina C Bullock
Warranty Deed
—
Aug 29, 2017
$15,220
Grand Strand Water & Sewer Aut
Erinn C Bullock
Grant Deed
—
Dec 12, 2012
—
Bullock,erinn C
Ermac Properties LLC
Quit Claim Deed
related
—
Sep 24, 2007
—
Ermac Properties LLC
Erinn C Bullock
Grant Deed
related
—
Mar 23, 2005
—
Causey,erinn O & Meghan A
Erma T Causey
Quit Claim Deed
related
—
—
—
Causey,erinn O & Meghan A
—
Deed Of Trust
related
$100,000 · Rbc Centura 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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