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Financial
Distress signals
Property profile

8390 Highway 707 Myrtle Beach, SC 29588

FOR LEASE
Auto shops
Property ID
US77-3085932
3,312 SF 4.78 ac lot Built 2015
Last sale Mar 2020 · $999,782
Entity Owned Owner of record is a legal entity (LLC / corporation). 6-yr Hold Held for 6 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a storage executive center with warehouse-style, enclosed units intended for controlled, convenient storage. It features concrete driveways and a gated entrance, and the unit sizes range from approximately 1,000 to 3,000 square feet. Some units include a half bath and HVAC for climate control. The facility is located at 8390 Highway 707 in Myrtle Beach, South Carolina 29588, and is configured to serve both personal and small business storage needs.

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 · 2023

What does the county charge?
$37k
Tax billed · 2023
Assessed value$47k
Assessed land$12k
Assessed improvement$35k
Effective rate80.29%

Value estimate

· Oct 2026
$1.40M
$1.26M – $1.54M
Submarket $/SF estimate$1.80M
NOI build-up
Gross scheduled income$13k
Vacancy & credit loss−$924
Operating expenses−$4k
NOI · 687.44% cap applied$9k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$377/SF
Submarket average, outlier-cleaned · 36 recorded sales of this use type
Observed band · Q1–Q3$135 – $542

Cap rate analysis

How does the asset earn?
687.44%
$9k estimated NOI · market benchmarks for this use type

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

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionHORRY

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand index
Realty agency20.2
Restaurant20.1
Law Firm16.8

Location

8390 Highway 707 Myrtle Beach, SC 29588
County assessor Recorded deeds · 11 transfers Qualifying comp sales · not on file Zoning catalog · not on file

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

Comparables

4 recorded sales · 13 properties nearby
Recent sales nearby
4 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
83 Ranchette, Myrtle Beach, SC 29588-6386 $157,500 Feb 2024 3,920 SF
6283 Dick Pond, Myrtle Beach, SC 29588 $550,000 Oct 2022 4,080 SF
3809 Socastee, Myrtle Beach, SC 29588-2108 $440,000 Jan 2021 2,940 SF
8570 Hwy 544, Myrtle Beach, SC 29588-9232 $350,000 Apr 2020 3,450 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
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