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Property profile & analytics
OFF-MARKET
Estimated value
$10,650,000
Mobile home & RV parks
627 Mcgee Dr Myrtle Beach, SC 29588-6271
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US77-1733204
Property profile
Verified
Property type
Mobile home & RV parks
Use group
MOBILE HOME PARK, TRAILER PARK
Year built
1995
Lot
2.78 ac (121,097 SF)
Zoning code
FA
APN
441-02-04-0015
UPID
US77-1733204
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
$10.65M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$10.65M
Owner & transaction history
Kh Folly Property LLC · 1 yrs held
Kh Folly Property LLC
since 2024
Last sale
$10.7M
4 recorded transactions
Zoning & alternative use
FA · Myrtle 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 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
$10,650,000
ML approach
$10,650,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$10.65M
Range $9.59M – $11.72M · ±10% · vs last sale $10.65M (Oct 17 2024)
Last sale anchor
$10.65M
Oct 17 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
—
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
$8,125
Tax year 2023
Assessed value
$16,432
Assessed 2023
Effective rate
49.45%
On assessed value
Assessed land
$13,813
Assessed improvement
$2,619
Land market value
$573,690
Improvement market value
$162,900
Total market value
$736,590
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
Mobile home & RV parks
Use group
MOBILE HOME PARK, TRAILER PARK
Status
Off-Market
Year built
1995
Heating
NONE
Lot
2.78 ac (121,097 SF)
Zoning code
FA
APN
441-02-04-0015
UPID
US77-1733204
Jurisdiction
HORRY
Zoning & alternative use
FA · Myrtle Beach, SC
Zoning FA · permitted uses
FA · 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.
Building & site characteristics
From public records
Year built
1995
Heating
NONE
Lot
2.78 ac
Current owner
From public records · entity-resolved
Kh Folly Property LLC
Entity
Mailing address
5236 NIGHTINGALE DR, MYRTLE BEACH, SC 29577-5893
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 17, 2024
$10,650,000
Kh Folly Property LLC
East Coast Housing INC
Warranty Deed
$6,600,000 · American Republic Insurance
Oct 17, 2024
—
Kh Folly Property LLC
East Coast Housing INC
Warranty Deed
—
Oct 13, 2022
—
Folly Estates Mobile Home Developme
Thomas E Mcgee
Warranty Deed
—
Oct 13, 2022
$7,500,000
East Coast Housing INC
Folly Estates Mobile Home Developme
Warranty Deed
—
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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