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Property profile & analytics
OFF-MARKET
Estimated value
$745,000
Hotels
801 43rd S Ave North Myrtle Beach, SC 29582
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US77-1648702
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
1958
Construction
CONCRETE
Total area
2,706 SF
Lot
0.66 ac (28,750 SF)
Zoning code
H-C
APN
391-03-04-0001
UPID
US77-1648702
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
$960k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$731k
Blend (final)
Blend
$745k
Owner & transaction history
Ani Properties LLC · 3 yrs held
Ani Properties LLC
since 2022
Last sale
$595,000
7 recorded transactions
Zoning & alternative use
H-C · North Myrtle Beach, SC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.0M
+53.0%
Retail stores
$995,000
+45.5%
Auto repair, garage
$855,000
+25.1%
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 North Myrtle Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs North 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
$840,000
ML approach
$960,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$685,000
Current use
COMMERCIAL (GENERAL)
$1,045,000
Change: +53% · Conversion: Difficult
RETAIL STORES
$995,000
Change: +45% · Conversion: Difficult
AUTO REPAIR, GARAGE
$855,000
Change: +25% · Conversion: Difficult
MEDICAL BUILDING
$815,000
Change: +19% · Conversion: Difficult
OFFICE BUILDING
$605,000
Change: -11% · Conversion: Difficult
Blend value · Realmo final
$745k
Range $671k – $820k · ±10% · vs last sale $595k (Dec 2 2022)
Last sale anchor
$595k
Dec 2 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
$275 / 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
$8,287
Tax year 2023
Assessed value
$32,278
Assessed 2023
Previous assessed
$32,278
+0.0% YoY
Effective rate
25.67%
On assessed value
Assessed land
$25,502
Assessed improvement
$6,776
Land market value
$445,500
Improvement market value
$156,900
Total market value
$602,400
Applied tax rate
550.0000
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
Hotels
Use group
HOTEL/MOTEL
Status
Off-Market
Year built
1958
Construction
CONCRETE
Heating
HOT WATER
Cooling
YES
Total area
2,706 SF
Lot
0.66 ac (28,750 SF)
Zoning code
H-C
APN
391-03-04-0001
UPID
US77-1648702
Jurisdiction
HORRY
Zoning & alternative use
H-C · North Myrtle Beach, SC
Zoning H-C · permitted uses
H-C · North Myrtle Beach, SC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
North Myrtle Beach. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$685,000
COMMERCIAL (GENERAL)
Est. value
$1.0M
RETAIL STORES
Est. value
$995,000
AUTO REPAIR, GARAGE
Est. value
$855,000
MEDICAL BUILDING
Est. value
$815,000
OFFICE BUILDING
Est. value
$605,000
HOTEL/MOTEL Current
COMMERCIAL (GENERAL)
RETAIL STORES
AUTO REPAIR, GARAGE
MEDICAL BUILDING
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
1958
Construction
CONCRETE
Heating
HOT WATER
Cooling
Yes
Lot
0.66 ac
Current owner
From public records · entity-resolved
Ani Properties LLC
Entity
Mailing address
4105 POINSETT ST, NORTH MYRTLE BEACH, SC 29582-5122
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 2, 2022
$595,000
Ani Properties LLC
Myrtle Beach Christian Retreat
Warranty Deed
$456,000 · Conway National Bank
Nov 22, 2022
—
Myrtle Beach Christian Retreat
Waffle House INC
Warranty Deed
—
Oct 5, 2022
$555,000
Waffle House INC
Myrtle Beach Christian Retreat INC
Warranty Deed
—
Mar 19, 2020
—
Myrtle Bk Christian Retreat
—
Deed
related
$252,344 · Conway Nat'l Bk
Dec 3, 2013
—
Myrtle Beach Christian Retreat
Bch Christian Retreat I Myrtle
Quit Claim Deed
related
—
Feb 17, 2009
—
Myrtle Beach Christian Retreat
—
Deed Of Trust
related
$38,960 · Conway Nat'l Bk
Jul 13, 2004
$350,100
Myrtle Bch Christian Retreat I
Investment Group Of Rock Hill INC
Warranty Deed
—
—
—
Myrtle Bk Christian Retreat
—
Deed Of Trust
related
$252,344 · Conway Nat'l 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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