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Property profile & analytics
OFF-MARKET
Estimated value
$1,750,000
Retail space
7880 Hwy 544 Myrtle Beach, SC 29588-9227
Entity Owned
Absentee Owner
Property ID
US77-1820173
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1970
Construction
STEEL FRAME
Total area
10,800 SF
Lot
1.16 ac (50,530 SF)
APN
429-05-04-0016
UPID
US77-1820173
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
$1.75M
CAP Approach
CAP
$2.42M
Comparable Approach
Comparable
$1.31M
Blend (final)
Blend
$1.75M
Owner & transaction history
Agree Stores LLC
Agree Stores LLC
since 2025
Last sale
$1.8M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$2.5M
+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
$1,750,000
ML approach
$1,750,000
CAP Approach
CAP Return
Estimation
6%
$2,625,000
6.5%
$2,420,000
7%
$2,250,000
Alternative Use
Use
Estimation
RETAIL STORES
$2,195,000
Current use
OFFICE BUILDING
$2,475,000
Change: +13% · Conversion: Easy
Blend value · Realmo final
$1.75M
Range $1.58M – $1.93M · ±10% · vs last sale $1.75M (Jun 21 2024)
Last sale anchor
$1.75M
Jun 21 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
$162 / 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
$15,531
Tax year 2023
Assessed value
$5,567
Assessed 2023
Previous assessed
$5,567
+0.0% YoY
Effective rate
278.98%
On assessed value
Assessed land
$5,567
Land market value
$92,780
Total market value
$92,780
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1970
Construction
STEEL FRAME
Heating
HOT WATER
Cooling
CENTRAL
Stories
2
Rooms
10
Bathrooms
2
Total area
10,800 SF
Lot
1.16 ac (50,530 SF)
APN
429-05-04-0016
UPID
US77-1820173
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
RETAIL STORES Current
Est. value
$2.2M
OFFICE BUILDING
Est. value
$2.5M
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
1970
Construction
STEEL FRAME
Heating
HOT WATER
Cooling
Yes
Stories
2
Rooms
10
Bathrooms
2
Lot
1.16 ac
Current owner
From public records · entity-resolved
Agree Stores LLC
Entity
Mailing address
4420 OLEANDER DR STE #202, MYRTLE BEACH, SC 29577-5721
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 30, 2025
$3,209,415
Agree Stores LLC
Gerber Real Estate INC
Warranty Deed
—
Jun 21, 2024
$1,750,000
Gerber Real Estate INC
Num 7880 Highway 544 LLC
Warranty Deed
—
Aug 20, 2020
—
7880 Hwy 544 LLC
—
Deed
related
$776,000 · South Atlantic Bk
Oct 19, 2018
$74,100
7880 Highway 544 LLC
Monckton Hembree
Warranty Deed
—
Dec 13, 2016
—
Monckton Hembree & Humphries P
Leslie B Smith
Grant Deed
related
—
Dec 7, 2016
$10,000
Monckton Hemberr & Humphries P
Leslie B Smith
Warranty Deed
—
Nov 5, 2014
—
Leslie B Smith
—
Deed Of Trust
related
$40,000 · Private Individual
Oct 31, 2011
—
Smith,leslie B
John L Smith
Quit Claim Deed
related
—
—
—
7880 Hwy 544 LLC
—
Deed Of Trust
related
$776,000 · South Atlantic 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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