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Property profile & analytics
OFF-MARKET
Estimated value
$8,475,000
Community centers
Kings Hwy Myrtle Beach, SC 29577
Entity Owned
9-yr Hold
Free & Clear
Property ID
US77-2461734
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
2016
Construction
CONCRETE
Total area
46,010 SF
Lot
5.39 ac (234,788 SF)
APN
424-04-04-0088
UPID
US77-2461734
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
$11.68M
Comparable Approach
Comparable
$8.58M
Blend (final)
Blend
$8.48M
Owner & transaction history
Eems Myrtle Beach LLC · 9 yrs held
Eems Myrtle Beach LLC
since 2016
1 recorded transaction
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$13.9M
+133.8%
Apartment house (5+ units)
$13.1M
+120.4%
Office building
$11.2M
+89.5%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$12,650,000
6.5%
$11,675,000
7%
$10,845,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$5,930,000
Current use
MEDICAL BUILDING
$13,860,000
Change: +134% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$13,065,000
Change: +120% · Conversion: Difficult
OFFICE BUILDING
$11,230,000
Change: +89% · Conversion: Moderate
RESTAURANT
$10,645,000
Change: +80% · Conversion: Difficult
RETAIL STORES
$8,235,000
Change: +39% · Conversion: Easy
Blend value · Realmo final
$8.48M
Range $7.63M – $9.32M · ±10%
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
$184 / 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
$104,622
Tax year 2023
Assessed value
$382,950
Assessed 2023
Effective rate
27.32%
On assessed value
Assessed land
$218,300
Assessed improvement
$164,660
Land market value
$3,638,250
Improvement market value
$3,825,900
Total market value
$7,464,150
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
Community centers
Use group
MINI-MALL
Status
Off-Market
Year built
2016
Construction
CONCRETE
Heating
NONE
Buildings
2
Total area
46,010 SF
Lot
5.39 ac (234,788 SF)
APN
424-04-04-0088
UPID
US77-2461734
Jurisdiction
HORRY
Zoning & alternative use
Zoning · permitted uses
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
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$5.9M
MEDICAL BUILDING
Est. value
$13.9M
APARTMENT HOUSE (5+ UNITS)
Est. value
$13.1M
OFFICE BUILDING
Est. value
$11.2M
RESTAURANT
Est. value
$10.6M
RETAIL STORES
Est. value
$8.2M
NEIGHBORHOOD: SHOPPING CENTER Current
MEDICAL BUILDING
APARTMENT HOUSE (5+ UNITS)
OFFICE BUILDING
RESTAURANT
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
2016
Construction
CONCRETE
Heating
NONE
Buildings
2
Lot
5.39 ac
Current owner
From public records · entity-resolved
Eems Myrtle Beach LLC
Entity
Free & Clear · 9 yrs held
Mailing address
PO BOX 8050, BENTONVILLE, AR 72712-8055
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 15, 2016
—
Eems Myrtle Beach LLC
Ezzat A Seif
Quit Claim Deed
related
—
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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