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Property profile & analytics
OFF-MARKET
Estimated value
$3,670,000
Strip malls
Atlantic Ave Murrells Inlet, SC 29576
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US77-2023332
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1970
Construction
CONCRETE
Total area
6,902 SF
Lot
16.53 ac (720,047 SF)
Zoning code
CC
APN
470-06-03-0115
UPID
US77-2023332
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
$3.48M
CAP Approach
CAP
$1.75M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.67M
Owner & transaction history
Sys Enterprise LLC · 4 yrs held
Sys Enterprise LLC
since 2022
Last sale
$2.6M
7 recorded transactions
Zoning & alternative use
CC · Murrells Inlet, SC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$2.9M
+208.7%
Restaurant
$2.4M
+162.4%
Auto repair, garage
$2.2M
+136.4%
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 Murrells Inlet submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Murrells Inlet 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
Method
Estimation
Statistic approach
$3,670,000
ML approach
$3,475,000
CAP Approach
CAP Return
Estimation
6%
$1,900,000
6.5%
$1,750,000
7%
$1,625,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$2,850,000
Change: +209% · Conversion: Difficult
RESTAURANT
$2,420,000
Change: +162% · Conversion: Difficult
AUTO REPAIR, GARAGE
$2,180,000
Change: +136% · Conversion: Difficult
MEDICAL BUILDING
$2,080,000
Change: +125% · Conversion: Difficult
Blend value · Realmo final
$3.67M
Range $3.30M – $4.04M · ±10% · vs last sale $2.60M (Jun 24 2022)
Last sale anchor
$2.60M
Jun 24 2022
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$532 / SF
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
$29,838
Tax year 2023
Assessed value
$31,081
Assessed 2023
Previous assessed
$31,081
+0.0% YoY
Effective rate
96.00%
On assessed value
Assessed land
$21,712
Assessed improvement
$9,369
Land market value
$720,000
Improvement market value
$225,600
Total market value
$945,600
Applied tax rate
610.0000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1970
Construction
CONCRETE
Heating
FORCED AIR
Cooling
CENTRAL
Total area
6,902 SF
Lot
16.53 ac (720,047 SF)
Zoning code
CC
APN
470-06-03-0115
UPID
US77-2023332
Jurisdiction
HORRY
Zoning & alternative use
CC · Murrells Inlet, SCZoning CC · permitted uses
CC · Murrells Inlet, SC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.9M
RESTAURANT
Est. value
$2.4M
AUTO REPAIR, GARAGE
Est. value
$2.2M
MEDICAL BUILDING
Est. value
$2.1M
APARTMENT HOUSE (5+ UNITS)
RESTAURANT
AUTO REPAIR, GARAGE
MEDICAL BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1970
Construction
CONCRETE
Heating
FORCED AIR
Cooling
Yes
Lot
16.53 ac
Current owner
From public records · entity-resolved
Sys Enterprise LLC
Entity
Mailing address
1631 MTN HAWK DR, MYRTLE BEACH, SC 29577-9704
Ownership since
2022
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
Jun 24, 2022
$2,600,000
Sys Enterprise LLC
Stef Properties Gc LLC
Warranty Deed
$2,080,000 · Sandhills Bank
Oct 13, 2016
—
Stef Properties Gc LLC
—
Deed
related
$800,000 · Sandhills Bk
Jan 9, 2009
—
Stef Properties Gc LLC
Michael J Moshoures
Grant Deed
related
—
Feb 2, 2006
—
Moshoures,michael J
Calliope T Moshoures
Quit Claim Deed
related
—
—
—
Stef Properties Gc LLC
—
Deed Of Trust
related
$150,000 · Anderson Brothers Bk
—
—
Eagles Beachwear & Swimwear Of My
—
Deed Of Trust
related
$4,000,000 · Sandhills Bk
—
—
Stef Properties Gc LLC
—
Deed Of Trust
related
$800,000 · Sandhills Bk
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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