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Property profile & analytics
OFF-MARKET
Estimated value
$680,000
Retail space
7702 Kings Hwy Myrtle Beach, SC 29572-3041
Entity Owned
12-yr Hold
Property ID
US77-1708452
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1983
Total area
4,700 SF
Lot
0.14 ac (6,098 SF)
Zoning code
AC2
APN
422-01-01-0119
UPID
US77-1708452
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
-
The Wacky Rabbit (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$455k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$758k
Blend (final)
Blend
$680k
Owner & transaction history
77 Sunset Strip LLC · 12 yrs held
77 Sunset Strip LLC
since 2014
7 recorded transactions
Zoning & alternative use
AC2 · Myrtle Beach, SC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$1.1M
+12.7%
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
$455,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$955,000
Current use
OFFICE BUILDING
$1,075,000
Change: +13% · Conversion: Easy
Blend value · Realmo final
$680k
Range $612k – $748k · ±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
$145 / 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
$5,620
Tax year 2023
Assessed value
$20,567
Assessed 2023
Previous assessed
$20,567
+0.0% YoY
Effective rate
27.33%
On assessed value
Assessed land
$5,626
Assessed improvement
$14,941
Land market value
$93,760
Improvement market value
$282,700
Total market value
$376,460
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1983
Heating
SOLAR
Cooling
CENTRAL
Total area
4,700 SF
Lot
0.14 ac (6,098 SF)
Zoning code
AC2
APN
422-01-01-0119
UPID
US77-1708452
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
RETAIL STORES Current
Est. value
$955,000
OFFICE BUILDING
Est. value
$1.1M
RETAIL STORES Current
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
1983
Heating
SOLAR
Cooling
Yes
Lot
0.14 ac
Current owner
From public records · entity-resolved
77 Sunset Strip LLC
Entity
Mailing address
116 S PINEWOOD DR, SURFSIDE BEACH, SC 29575-3646
Ownership since
2014
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 20, 2017
—
77 Sunset Strip LLC
—
Deed
related
$328,861 · Sandhills Bk
Jan 10, 2014
$300,000
77 Sunset Strip LLC
Janice V Bartlett
Grant Deed
$300,000 · Janice V Bartlett
Jan 10, 2014
—
Janice V Bartlett
Vaughn Edwin L Trust
Quit Claim Deed
related
—
Jan 11, 2011
—
Vaughn,edwin L Trust
Edwin L Vaughn
Quit Claim Deed
related
—
Oct 26, 2010
—
Vaughn,edwin L Trust
Edwin L Vaughn
Quit Claim Deed
related
—
Jan 7, 2000
$140,000
Edwin Lee Vaughn
—
Grant Deed
related
—
—
—
77 Sunset Strip LLC
—
Deed Of Trust
related
$328,861 · Sandhills 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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