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Property profile & analytics
OFF-MARKET
Estimated value
$650,000
Retail space
Hwy 501 Myrtle Beach, SC 29577
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US77-1734152
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1985
Construction
STEEL FRAME
Total area
3,825 SF
Lot
0.29 ac (12,632 SF)
Zoning code
C3
APN
443-04-01-0080
UPID
US77-1734152
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
Current use
Occupant on record · Public records
-
SWEETRUBS Alternative Medicine Practice Spa & Massage Center
-
Advance America Loan Service
-
Southern Oak Dental Myrtle Beach Dental Office
-
PRO APPLIANCE SALES & SERVICE REPAIR Home Appliance Store
-
Pro Moving & Logistics Moving Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$650k
CAP Approach
CAP
$860k
Comparable Approach
Comparable
$603k
Blend (final)
Blend
$650k
Owner & transaction history
Anoor Academy INC · 2 yrs held
Anoor Academy INC
since 2024
Last sale
$650,000
7 recorded transactions
Zoning & alternative use
C3 · Myrtle Beach, SC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$935,000
+36.4%
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 Myrtle Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Myrtle Beach 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
$650,000
ML approach
$650,000
CAP Approach
CAP Return
Estimation
6%
$930,000
6.5%
$860,000
7%
$795,000
Alternative Use
Use
Estimation
RETAIL STORES
$685,000
Current use
OFFICE BUILDING
$935,000
Change: +36% · Conversion: Easy
WAREHOUSE, STORAGE
$575,000
Change: -16% · Conversion: Difficult
Blend value · Realmo final
$650k
Range $585k – $715k · ±10% · vs last sale $650k (Jun 26 2024)
Last sale anchor
$650k
Jun 26 2024
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
$170 / 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
$5,568
Tax year 2023
Assessed value
$14,724
Assessed 2023
Previous assessed
$14,724
+0.0% YoY
Effective rate
37.82%
On assessed value
Assessed land
$6,120
Assessed improvement
$8,604
Land market value
$102,000
Improvement market value
$143,400
Total market value
$245,400
Applied tax rate
880.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1985
Construction
STEEL FRAME
Heating
SOLAR
Cooling
CENTRAL
Total area
3,825 SF
Lot
0.29 ac (12,632 SF)
Zoning code
C3
APN
443-04-01-0080
UPID
US77-1734152
Jurisdiction
HORRY
Zoning & alternative use
C3 · Myrtle Beach, SC
Zoning C3 · permitted uses
C3 · Myrtle Beach, SC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Myrtle Beach. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$685,000
OFFICE BUILDING
Est. value
$935,000
WAREHOUSE, STORAGE
Est. value
$575,000
RETAIL STORES Current
OFFICE BUILDING
WAREHOUSE, STORAGE
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
1985
Construction
STEEL FRAME
Heating
SOLAR
Cooling
Yes
Lot
0.29 ac
Current owner
From public records · entity-resolved
Anoor Academy INC
Entity
Mailing address
514 W PERRY RD, MYRTLE BEACH, SC 29579-5802
Ownership since
2024
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 26, 2024
$650,000
Anoor Academy INC
Aline Solutions LLC
Warranty Deed
$300,000 · Anoor Academy
May 26, 2023
$465,000
Aline Solutions LLC
Zulu Warehouse LLC
Warranty Deed
$235,000 · Zulu Warehouse
Apr 16, 2021
$340,000
Zulu Warehouse LLC
Purchase Pro LLC
Warranty Deed
—
Mar 1, 2019
$230,000
Purchase Pro LLC
C & D Ptrs II LLC
Warranty Deed
$169,057 · Synovus Bk
Jul 18, 2008
$301,000
C & D Partners II LLC
501 Partners LLC
Grant Deed
$301,000 · Crescent Bk
May 8, 2002
$230,000
Five Hundred One Prop Ptrs
—
Grant Deed
related
—
—
—
C & D Partners II LLC
—
Loan Modification
related
$1,040,129 · Eureka Drug Stores INC
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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