Financial
Distress signals
Property profile

806 S Ocean Blvd Myrtle Beach, SC 29577

FOR SALE
Hotels
Property ID
US77-2120865
22,442 SF 0.58 ac lot Built 1966
Last sale Oct 2023 · $3,725,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

The property is a hospitality/multi-unit lodging facility with 60 doors, located in Myrtle Beach on a 0.83-acre corner lot at the intersection of South Ocean Boulevard and 9th Avenue South. Constructed of concrete and steel and totaling 22,442 square feet, it is positioned directly across from beach access in a high-traffic tourism corridor and provides ocean views. The site includes an outdoor in-ground pool, a lobby area, a commercial laundry facility, multiple storage areas, and on-site

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
Assessed value$117k
Assessed land$49k
Assessed improvement$68k

Value estimate

· Sep 2026
$4.64M
$4.18M – $5.10M
AI approach$4.79M
Sales comparison$4.73M
NOI build-up
Gross scheduled income$337k
Vacancy & credit loss−$34k
Operating expenses−$159k
NOI · 3.16% cap applied$144k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$227/SF
ZIP average, outlier-cleaned · 50 recorded sales of this use type
Observed band · Q1–Q3$148 – $328

Cap rate analysis

How does the asset earn?
3.16%
$144k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
TA1
JurisdictionHORRY

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm8.5
Hair Salon8.6
Gym & Fitness7.7

Location

806 S Ocean Blvd Myrtle Beach, SC 29577
County assessor Recorded deeds · 6 transfers Comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message