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Property profile & analytics
OFF-MARKET
Estimated value
$2,095,000
Strip malls
704 Seaboard St Myrtle Beach, SC 29577-6513
Entity Owned
22-yr Hold
Free & Clear
Property ID
US77-1667189
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1979
Total area
13,888 SF
Lot
3.61 ac (157,252 SF)
Zoning code
C-9
APN
425-10-01-0001
UPID
US77-1667189
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
-
Murder beach tees Textile Manufacturer
-
Pork Chop Tattoos Tattoo & Piercing Shop
-
South Carolina Tobacco LLC (Bike/Boat/Book/etc) Store
-
Purple Haze Smoke Shop (Bike/Boat/Book/etc) Store
-
Premier Tattoo Myrtle Beach Tattoo & Piercing Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.59M
Blend (final)
Blend
$2.10M
Owner & transaction history
Alpha Omega INC · 22 yrs held
Alpha Omega INC
since 2003
4 recorded transactions
Zoning & alternative use
C-9 · Myrtle Beach, SC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
code of ordinances
Top alternative use upside
Office building
$3.4M
+89.5%
Restaurant
$3.2M
+79.6%
Retail stores
$2.5M
+38.9%
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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$1,790,000
Current use
OFFICE BUILDING
$3,390,000
Change: +89% · Conversion: Moderate
RESTAURANT
$3,215,000
Change: +80% · Conversion: Difficult
RETAIL STORES
$2,485,000
Change: +39% · Conversion: Easy
Blend value · Realmo final
$2.10M
Range $1.89M – $2.30M · ±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
$151 / 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
$28,276
Tax year 2023
Assessed value
$103,501
Assessed 2023
Effective rate
27.32%
On assessed value
Assessed land
$37,741
Assessed improvement
$65,760
Land market value
$629,010
Improvement market value
$1,531,100
Total market value
$2,160,110
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1979
Heating
HOT WATER
Cooling
YES
Buildings
4
Total area
13,888 SF
Lot
3.61 ac (157,252 SF)
Zoning code
C-9
APN
425-10-01-0001
UPID
US77-1667189
Jurisdiction
HORRY
Zoning & alternative use
C-9 · Myrtle Beach, SCZoning C-9 · permitted uses
C-9 · 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
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$1.8M
OFFICE BUILDING
Est. value
$3.4M
RESTAURANT
Est. value
$3.2M
RETAIL STORES
Est. value
$2.5M
NEIGHBORHOOD: SHOPPING CENTER Current
OFFICE BUILDING
RESTAURANT
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
1979
Heating
HOT WATER
Cooling
Yes
Buildings
4
Lot
3.61 ac
Current owner
From public records · entity-resolved
Alpha Omega INC
Entity
Free & Clear · 22 yrs held
Mailing address
PO BOX 3410, MYRTLE BEACH, SC 29578-3410
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2003
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
Nov 5, 2021
—
Alpha Omega INC
—
Deed
related
$1,009,930 · Pinnacle Bank
Dec 15, 2016
—
Gja Investments LLC
—
Grant Deed
related
$2,600,000 · Horry Cnty St Bk
Dec 23, 2003
—
Alpha Omega INC
Ammons,steven F
Grant Deed
related
—
—
—
Ammons,cornelius J JR Trust
—
Loan Modification
related
$3,100,000 · Bank Of Nc
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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