Realmo Analytics

Unlock property reports, ownership, financials, or compile property list owners likely to sell.

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). 15-yr Hold Held for 15 years. Free & Clear No active or open recorded mortgage detected.
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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?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax

What does the county charge?
Assessed value · 2023$117k
Assessed land$49k
Assessed improvement$68k

Value estimate

· Nov 2026
$4.64M
$4.18M – $5.10M
AI approach$4.79M
Submarket $/SF estimate$4.73M
NOI build-up
Gross scheduled income$337k
Vacancy & credit loss−$34k
Operating expenses−$159k
NOI · 3.20% 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?
3.20%
$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: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office14.6
HVAC Service10.7
Tailor Shop9.3

Location

806 S Ocean Blvd Myrtle Beach, SC 29577
County assessor Recorded deeds · 3 transfers Qualifying 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 recorded sales · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2010 Ocean, Myrtle Beach, SC 29577-4638 $4,000,000 Mar 2025 25,011 SF
2502 Ocean, Myrtle Beach, SC 29577-3241 $2,475,000 Jan 2025 14,964 SF
1804 Ocean, Myrtle Beach, SC 29577-4634 $7,586,500 Mar 2024 27,929 SF
1809 Ocean, Myrtle Beach, SC 29577 $7,586,500 Mar 2024 17,274 SF
2209 Ocean, Myrtle Beach, SC 29577-4742 $3,850,000 Feb 2024 25,248 SF
2913 Ocean, Myrtle Beach, SC 29577-4855 $249,270 Jul 2023 29,402 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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