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Property profile & analytics
OFF-MARKET
Warehouses
805 12th S Ave North Myrtle Beach, SC 29582
Entity Owned
5-yr Hold
Free & Clear
Property ID
US77-0378770
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2002
Construction
CONCRETE
Total area
1,650 SF
Lot
0.16 ac (6,970 SF)
Zoning code
H-C
APN
357-12-01-0075
UPID
US77-0378770
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Sun Holdings LLC · 5 yrs held
Sun Holdings LLC
since 2021
Last sale
$198,139
7 recorded transactions
Zoning & alternative use
H-C · North 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 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
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
$2,715
Tax year 2023
Assessed value
$9,612
Assessed 2023
Effective rate
28.25%
On assessed value
Assessed land
$5,796
Assessed improvement
$3,816
Land market value
$98,000
Improvement market value
$88,400
Total market value
$186,400
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
2002
Construction
CONCRETE
Heating
SOLAR
Cooling
CENTRAL
Total area
1,650 SF
Lot
0.16 ac (6,970 SF)
Zoning code
H-C
APN
357-12-01-0075
UPID
US77-0378770
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.
Building & site characteristics
From public records
Year built
2002
Construction
CONCRETE
Heating
SOLAR
Cooling
Yes
Lot
0.16 ac
Current owner
From public records · entity-resolved
Sun Holdings LLC
Entity
Free & Clear · 5 yrs held
Mailing address
4724 HWY 17TH BYP SUS, MYRTLE BEACH, SC 29588-5616
Ownership since
2021
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
Feb 24, 2021
$198,139
Sun Holdings LLC
David P Nobles
Warranty Deed
—
Apr 17, 2014
$258,507
Sun Holdings LLC
David P Nobles
Dual Purpose Document
related
$258,507 · David P & Marsha Y Nobles
Feb 1, 2008
$300,000
Sun Holdings LLC
David P Nobles
Grant Deed
related
—
Jun 28, 2007
—
Nelson,rebecca T
William D Nelson
Quit Claim Deed
related
—
Jun 28, 2007
$250,000
Nobles,david P & Marsha Y
Rebecca T Nelson
Grant Deed
—
Feb 4, 2005
$925,000
Roberts & Allen Dev Co LLC
Minnie L T Strickland
Warranty Deed
$1,300,000 · Carolina Bk
Feb 16, 2001
$58,000
William D Nelson
—
Grant 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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