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Property profile & analytics
OFF-MARKET
Commercial land
602 31st S Ave Atlantic Beach, SC 29582-4745
Individually Owned
1-yr Hold
Free & Clear
Property ID
US77-0853040
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Year built
1955
Total area
2,437 SF
Lot
0.17 ac (7,405 SF)
Zoning code
C1
APN
392-01-01-0092
UPID
US77-0853040
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
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Irene Evans Armstrong · 1 yrs held
Irene Evans Armstrong
since 2024
Last sale
$300,000
7 recorded transactions
Zoning & alternative use
C1 · Atlantic 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 Atlantic Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Atlantic 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
$1,075
Tax year 2023
Assessed value
$4,950
Assessed 2023
Effective rate
21.72%
On assessed value
Assessed land
$4,950
Land market value
$82,500
Total market value
$82,500
Applied tax rate
590.0000
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Year built
1955
Heating
HOT WATER
Total area
2,437 SF
Lot
0.17 ac (7,405 SF)
Zoning code
C1
APN
392-01-01-0092
UPID
US77-0853040
Jurisdiction
HORRY
Zoning & alternative use
C1 · Atlantic Beach, SC
Zoning C1 · permitted uses
C1 · Atlantic Beach, SC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Atlantic Beach. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1955
Heating
HOT WATER
Lot
0.17 ac
Current owner
From public records · entity-resolved
Irene Evans Armstrong
Individual
Free & Clear · 1 yrs held
Mailing address
108 MACDOUGAL ST, BROOKLYN, NY 11233-2608
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 27, 2024
$300,000
Irene Evans Armstrong
Beverly Mcdonald
Warranty Deed
—
Jul 28, 2017
$70,000
Beverly Mcdonald
Railroad Street Partners LLC
Grant Deed
—
Jun 25, 2013
—
Railroad Street Partners LLC
Villas I & II LLC
Warranty Deed
related
—
Aug 10, 2009
$210,266
Villas I & II LLC
Abraham B SR
Warranty Deed
—
Sep 30, 2008
—
Jefferson,jacqueline G
Ethel J Grimball
Quit Claim Deed
related
—
Aug 16, 2005
—
Jenkins,leonard
Abraham B Jenkins SR.
Quit Claim Deed
related
—
Feb 9, 2005
—
Jenkins,abraham B SR
Janie B Jenkins
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.
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