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Property profile & analytics
OFF-MARKET
Estimated value
$1,060,000
Strip malls
Hwy 17th Bus Murrells Inlet, SC 29576
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US77-1811451
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1987
Total area
10,237 SF
Lot
0.82 ac (35,719 SF)
Zoning code
HC
APN
470-02-01-0005
UPID
US77-1811451
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
$965k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$914k
Blend (final)
Blend
$1.06M
Owner & transaction history
Num 614 Atlantic LLC · 1 yrs held
Num 614 Atlantic LLC
since 2025
Last sale
$1.2M
7 recorded transactions
Zoning & alternative use
HC · Murrells Inlet, SC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
$1,025,000
ML approach
$965,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$1,370,000
Current use
Blend value · Realmo final
$1.06M
Range $954k – $1.17M · ±10% · vs last sale $1.20M (Jan 8 2025)
Last sale anchor
$1.20M
Jan 8 2025
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
$104 / 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
Assessed value
$41,925
Assessed 2023
Assessed land
$12,301
Assessed improvement
$29,624
Land market value
$205,010
Improvement market value
$655,500
Total market value
$860,510
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
1987
Heating
SOLAR
Cooling
CENTRAL
Total area
10,237 SF
Lot
0.82 ac (35,719 SF)
Zoning code
HC
APN
470-02-01-0005
UPID
US77-1811451
Jurisdiction
HORRY
Zoning & alternative use
HC · Murrells Inlet, SC
Zoning HC · permitted uses
HC · Murrells Inlet, SC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Murrells Inlet. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$1.4M
NEIGHBORHOOD: SHOPPING CENTER Current
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
1987
Heating
SOLAR
Cooling
Yes
Lot
0.82 ac
Current owner
From public records · entity-resolved
Num 614 Atlantic LLC
Entity
Mailing address
PO BOX 6369, SEVIERVILLE, TN 37864-6369
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 8, 2025
$1,200,000
Num 614 Atlantic LLC
Tmw Garden City LLC
Warranty Deed
$1,200,000 · Conway National Bank
Dec 19, 2024
$3,500,000
Tmw Garden City LLC
Tri-c Douglas Sc LLC
Warranty Deed
—
Oct 24, 2016
—
Tri-c Douglas Sc LLC
—
Deed
related
$567,000 · Branch Bk&tr
Feb 15, 2016
$2,500,000
Tri-c Douglas Sc LLC
Gary Douglas Ents LLC
Grant Deed
$1,259,000 · Branch Bk&tr
Nov 13, 2014
$2,390,851
Gary Douglas Ents LLC
Master In Equity Of Horry County|morrison,jean J
One Of Committee, Strict Foreclosure, Sheriff, Or Redemption Deeds
—
Aug 1, 2012
—
Morrison,jean J
—
Grant Deed
related
$2,500,000 · Gary Douglas Ents LLC
—
—
Jean J Morrison
—
Loan Modification
related
$2,500,000 · Gary Douglas Ents LLC
—
—
Tri-c Douglas Sc LLC
—
Deed Of Trust
related
$567,000 · Branch Bk&tr
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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