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Property profile & analytics
OFF-MARKET
Estimated value
$975,000
Drive through restaurants
6108 Kings Hwy Myrtle Beach, SC 29577-2371
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US77-0756296
Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Year built
1970
Construction
CONCRETE
Total area
2,408 SF
Lot
0.41 ac (17,860 SF)
Zoning code
AC2
APN
421-11-01-0056
UPID
US77-0756296
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
-
Moe's Original BBQ Take-out & Catering Catering Service
-
Highland Hibachi, LLC Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.19M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$618k
Blend (final)
Blend
$975k
Owner & transaction history
Duke Holdings LLC · 3 yrs held
Duke Holdings LLC
since 2023
Last sale
$950,000
7 recorded transactions
Zoning & alternative use
AC2 · Myrtle Beach, SC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.4M
+148.0%
Auto repair, garage
$910,000
+63.0%
Medical building
$725,000
+30.2%
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
$1,185,000
ML approach
$1,185,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,380,000
Change: +148% · Conversion: Easy
AUTO REPAIR, GARAGE
$910,000
Change: +63% · Conversion: Difficult
MEDICAL BUILDING
$725,000
Change: +30% · Conversion: Difficult
OFFICE BUILDING
$590,000
Change: +6% · Conversion: Moderate
Blend value · Realmo final
$975k
Range $878k – $1.07M · ±10% · vs last sale $950k (Jun 12 2023)
Last sale anchor
$950k
Jun 12 2023
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
$405 / 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
$6,937
Tax year 2023
Assessed value
$25,385
Assessed 2023
Previous assessed
$25,385
+0.0% YoY
Effective rate
27.33%
On assessed value
Assessed land
$18,630
Assessed improvement
$6,755
Land market value
$360,000
Improvement market value
$162,100
Total market value
$522,100
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
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Status
Off-Market
Year built
1970
Construction
CONCRETE
Heating
FORCED AIR
Cooling
CENTRAL
Total area
2,408 SF
Lot
0.41 ac (17,860 SF)
Zoning code
AC2
APN
421-11-01-0056
UPID
US77-0756296
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.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$1.4M
AUTO REPAIR, GARAGE
Est. value
$910,000
MEDICAL BUILDING
Est. value
$725,000
OFFICE BUILDING
Est. value
$590,000
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
MEDICAL BUILDING
OFFICE BUILDING
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
1970
Construction
CONCRETE
Heating
FORCED AIR
Cooling
Yes
Lot
0.41 ac
Current owner
From public records · entity-resolved
Duke Holdings LLC
Entity
Mailing address
11540 HWY 17TH BYP, MURRELLS INLET, SC 29576-9330
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 12, 2023
$950,000
Duke Holdings LLC
Golden Mile LLC
Warranty Deed
$1,036,000 · United Community Bank
Nov 7, 2014
—
Golden Mile LLC
Jawip II LLC
Warranty Deed
related
$683,000 · Horry Cnty St Bk
Mar 14, 2013
$510,000
Jawip II LLC
Condolux INC
Grant Deed
$710,000 · Horry Cnty St Bk
Jul 29, 2009
—
Condolux INC
Brown Investments LLC
Grant Deed
related
—
Oct 4, 2006
—
Brown Investments LLC
Martin E Brown
Quit Claim Deed
related
—
Apr 7, 2006
—
Wallace,george M
Kathleen L Wallace
Quit Claim Deed
related
—
Apr 7, 2006
$187,500
Brown,martin E & Evelyn G
R Scott
Grant Deed
—
Apr 7, 2006
$1,312,500
Brown,martin E & Evelyn G
R Scott
Grant Deed
—
—
—
Jawip II LLC
—
Deed Of Trust
related
$710,000 · Horry Cnty St Bk
—
—
Brown Investments LLC
—
Deed Of Trust
related
$300,000 · Coastal Fed'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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