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Property profile & analytics
OFF-MARKET
Estimated value
$665,000
Office buildings
Hwy 707 Murrells Inlet, SC 29576
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US77-1257891
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2007
Total area
2,154 SF
Lot
0.28 ac (12,197 SF)
Zoning code
R1
APN
469-07-02-0003
UPID
US77-1257891
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
by Request
CAP Approach
CAP
$435k
Comparable Approach
Comparable
$463k
Blend (final)
Blend
$665k
Owner & transaction history
Rondo Holdings LLC · 3 yrs held
Rondo Holdings LLC
since 2023
Last sale
$730,000
7 recorded transactions
Zoning & alternative use
R1 · Murrells Inlet, SC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$680,000
+40.9%
Medical building
$650,000
+34.3%
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
$910,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$470,000
6.5%
$435,000
7%
$400,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$485,000
Current use
AUTO REPAIR, GARAGE
$680,000
Change: +41% · Conversion: Difficult
MEDICAL BUILDING
$650,000
Change: +34% · Conversion: Easy
RETAIL STORES
$400,000
Change: -17% · Conversion: Moderate
Blend value · Realmo final
$665k
Range $599k – $732k · ±10% · vs last sale $730k (Mar 7 2023)
Last sale anchor
$730k
Mar 7 2023
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
$309 / 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
$3,590
Tax year 2023
Assessed value
$16,097
Assessed 2023
Previous assessed
$16,097
+0.0% YoY
Effective rate
22.30%
On assessed value
Assessed land
$2,904
Assessed improvement
$13,193
Land market value
$60,980
Improvement market value
$317,500
Total market value
$378,480
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2007
Heating
SOLAR
Cooling
CENTRAL
Total area
2,154 SF
Lot
0.28 ac (12,197 SF)
Zoning code
R1
APN
469-07-02-0003
UPID
US77-1257891
Jurisdiction
HORRY
Zoning & alternative use
R1 · Murrells Inlet, SC
Zoning R1 · permitted uses
R1 · 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
OFFICE BUILDING Current
Est. value
$485,000
AUTO REPAIR, GARAGE
Est. value
$680,000
MEDICAL BUILDING
Est. value
$650,000
RETAIL STORES
Est. value
$400,000
OFFICE BUILDING Current
AUTO REPAIR, GARAGE
MEDICAL BUILDING
RETAIL STORES
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
2007
Heating
SOLAR
Cooling
Yes
Lot
0.28 ac
Current owner
From public records · entity-resolved
Rondo Holdings LLC
Entity
Mailing address
12307 HWY 707, MURRELLS INLET, SC 29576-9740
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2023
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
Mar 7, 2023
$730,000
Rondo Holdings LLC
Fhd Holdings LLC
Warranty Deed
$584,000 · Provide
Dec 30, 2010
$305,000
Fhd Holdings LLC
Tidelands Bk
Grant Deed
related
$320,000 · West Town Svgs Bk
Jun 14, 2010
—
Tidelands Bk
F Co LLC
Deed In Lieu Of Foreclosure
related
—
Jan 23, 2008
—
Hope Point LLC
F Co LLC
Warranty Deed
related
—
Jan 8, 2007
—
F Co LLC
Spectre LLC
Quit Claim Deed
related
—
Jan 8, 2007
$225,000
F Co LLC
Mtd Investments INC
Grant Deed
—
Nov 29, 2002
—
P Small
—
Grant Deed
related
—
—
—
Hope Point LLC
—
Deed Of Trust
related
$650,000 · Carolina First 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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