Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    9432 Hwy 707 Myrtle Beach, SC 29588-7345

    • Warehouses
    • 4,800 SF
    • 0.45 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US77-1780550
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Warehouses

    Property Details for 9432 Hwy 707

    Year built
    1999
    Construction
    STEEL FRAME
    Lot size
    0.45 lot acres
    Property size
    4,800 SF
    Zone code
    HC
    Property type
    Warehouses
    APN
    457-06-04-0007
    APU
    45706040007

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Myrtle Beach
    County
    Horry
    State
    South Carolina
    Longitude
    -79.0345
    Latitude
    33.6323
    CBSA code
    34820
    CBSA name
    MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $3,775
    $4,709
    $11,164
    $15,873
    -
    $98,910
    $266,300
    $365,210

    Comparable in this City

    • Value Estimation
      $920,000
      6,300 SF

      100 Lichen Rd

      WAREHOUSE, STORAGE • 6,300 SF
      100 Lichen Rd, Myrtle Beach, SC 29588-8749
      View Details
    • Value Estimation
      $745,000
      5,202 SF

      215 Horsetail Moss Ct

      WAREHOUSE, STORAGE • 5,202 SF
      215 Horsetail Moss Ct, Myrtle Beach, SC 29588-8746
      View Details
    • Value Estimation by Request
      1,200 SF

      6161 Sweet Home Church Rd

      WAREHOUSE, STORAGE • 1,200 SF
      6161 Sweet Home Church Rd, Myrtle Beach, SC 29588-8106
      View Details
    • Value Estimation by Request
      1,792 SF

      Myrtle Beach, SC 29588

      WAREHOUSE, STORAGE • 1,792 SF
      Myrtle Beach, SC 29588
      View Details
    • Value Estimation
      $1,065,000
      7,560 SF

      7269 Hwy 707p

      MINI-WAREHOUSE, STORAGE • 7,560 SF
      7269 Hwy 707p, Myrtle Beach, SC 29588-7306
      View Details
    • Value Estimation by Request
      1,785 SF

      3550 Socastee Blvd

      MINI-WAREHOUSE, STORAGE • 1,785 SF
      3550 Socastee Blvd, Myrtle Beach, SC 29588-6112
      View Details

    Similar Nearby for Sale

    • $1,900,000
      Pending

      Myrtle Beach Storage Facility Opportunity

      Self and boat storage facility with expansion potential in Myrtle Beach.
      7481 Enterprise Rd, Myrtle Beach, SC 29588
      View Details
    • $1,040,000
      Pending

      Highway Commercial Lot For Sale

      1.77-acre commercial lot on Highway 544 in Myrtle Beach.
      6609 Dick Pond Rd, Myrtle Beach, SC 29588
      View Details
    • New
      $269,999
      0.45 Acres

      Waterfront Residential Lot Opportunity

      Rare 0.45 acre waterfront lot in Myrtle Beach, SC.
      104 Meredith Ct, Myrtle Beach, SC 29588
      View Details
    • $517,000

      Commercial Lot on Highway 544

      Prime commercial lot with highway frontage and development potential.
      145 Co Op Rd, Myrtle Beach, SC 29588
      View Details
    • $769,900
      7.40 Acres

      Myrtle Beach Acreage with Flexibility

      7.4 acres near shopping, beach, and highways. No HOA.
      Tbd Bella Rd, Myrtle Beach, SC 29588
      View Details
    • $350,000
      0.89 Acres

      Waterfront Lot in Gated Community

      Residential lot in gated community with Intracoastal Waterway access.
      716 Mcduffie Dr, Myrtle Beach, SC 29588
      View Details

    Similar Nearby for Lease

    • $1,250 /Mo
      1,000 SF

      New Storage Executive Centre

      Storage units with climate control, suitable for various business needs.
      8390 Highway 707, Myrtle Beach, SC 29588
      View Details
    • $1,250 /Mo
      1,000 SF

      Myrtle Beach Storage Executive Centre

      New storage executive center with climate-controlled units in Myrtle Beach.
      8390 Highway 707, Myrtle Beach, SC 29588
      View Details
    • $5,000 /Mo
      6,000 SF

      Myrtle Beach Office and Warehouse

      6,000 SF office and warehouse space with versatile layout.
      106 Lichen Ct, Myrtle Beach, SC 29588
      View Details
    • $1,250 /Mo
      1,000 SF

      New Storage Executive Centre

      Executive Centre offering storage and business opportunities in Myrtle Beach.
      8390 Highway 707, Myrtle Beach, SC 29588
      View Details
    • $8,000 /Mo
      6,000 SF

      Retail and Warehouse Space Available

      Retail/warehouse space with showroom facing HWY 707, high visibility.
      8370 Highway 707, Myrtle Beach, SC 29588
      View Details
    • $1,250 /Mo
      1,000 SF

      Myrtle Beach Storage Executive Centre

      New storage executive center with climate-controlled units in Myrtle Beach.
      8390 Highway 707, Myrtle Beach, SC 29588
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    9432 Hwy 707
    Myrtle Beach, SC 29588-7345
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    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
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!