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Property profile & analytics
OFF-MARKET
Estimated value
$1,305,000
Grocery and convenience stores
6151 Hwy 707 Myrtle Beach, SC 29588-7303
Entity Owned
3-yr Hold
Free & Clear
Property ID
US77-0336870
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
2010
Construction
CONCRETE
Total area
4,424 SF
Lot
1.76 ac (76,666 SF)
APN
440-15-02-0018
UPID
US77-0336870
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
$1.13M
Comparable Approach
Comparable
$1.07M
Blend (final)
Blend
$1.31M
Owner & transaction history
Turtle Land LLC · 3 yrs held
Turtle Land LLC
since 2022
Last sale
$25,069
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.7M
+187.7%
Medical building
$1.3M
+129.8%
Office building
$1.0M
+74.6%
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%
$1,215,000
6.5%
$1,125,000
7%
$1,045,000
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$1,670,000
Change: +188% · Conversion: Difficult
MEDICAL BUILDING
$1,335,000
Change: +130% · Conversion: Difficult
OFFICE BUILDING
$1,015,000
Change: +75% · Conversion: Moderate
RETAIL STORES
$900,000
Change: +55% · Conversion: Easy
Blend value · Realmo final
$1.31M
Range $1.17M – $1.44M · ±10% · vs last sale $25k (Sep 29 2022)
Last sale anchor
$25k
Sep 29 2022
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
$295 / 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
$20,628
Tax year 2023
Assessed value
$74,340
Assessed 2023
Effective rate
27.75%
On assessed value
Assessed land
$25,284
Assessed improvement
$49,056
Land market value
$421,400
Improvement market value
$817,600
Total market value
$1,239,000
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
2010
Construction
CONCRETE
Heating
NONE
Total area
4,424 SF
Lot
1.76 ac (76,666 SF)
APN
440-15-02-0018
UPID
US77-0336870
Jurisdiction
HORRY
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE
Est. value
$1.7M
MEDICAL BUILDING
Est. value
$1.3M
OFFICE BUILDING
Est. value
$1.0M
RETAIL STORES
Est. value
$900,000
AUTO REPAIR, GARAGE
MEDICAL BUILDING
OFFICE BUILDING
RETAIL STORES
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
2010
Construction
CONCRETE
Heating
NONE
Lot
1.76 ac
Current owner
From public records · entity-resolved
Turtle Land LLC
Entity
Free & Clear · 3 yrs held
Mailing address
PO BOX 20782, CHARLESTON, SC 29413-0782
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 29, 2022
$25,069
Turtle Land LLC
Refuel Operating Co LLC
Warranty Deed
—
Jan 16, 2020
$1,652,000
Refuel Operating Co LLC
Turtle Land LLC
Warranty Deed
related
$160,000,000 · Citizens Bk
Oct 26, 2018
—
Turtle Land LLC
—
Deed
related
$200,000 · First Reliance Bk
Oct 12, 2018
—
Turtle Land LLC
—
Deed
related
$3,400,000 · First Reliance Bk
Mar 6, 2018
—
Turtle Land LLC
—
Deed
related
$100,000 · Sandhills Bk
Apr 28, 2010
$500,000
Turtle Land LLC
Pond Road Group LLC
Grant Deed
$1,665,000 · Wells Fargo Bk
—
—
Turtle Land LLC
—
Deed Of Trust
related
$197,110 · Waccamaw Regional Council/gove
—
—
Turtle Land LLC
—
Deed Of Trust
related
$100,000 · Sandhills Bk
—
—
Turtle Land LLC
—
Deed Of Trust
related
$3,400,000 · First Reliance Bk
—
—
Turtle Land LLC
—
Deed Of Trust
related
$200,000 · First Reliance Bk
—
—
Turtle Land LLC
—
Deed Of Trust
related
$150,000 · Waccamaw Regional Council/gove
—
—
Turtle Land LLC
—
Deed Of Trust
related
$1,740,000 · Sandhills Bk
—
—
Turtle Land LLC
—
Deed Of Trust
related
$150,000 · Wells Fargo 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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