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Property profile & analytics
OFF-MARKET
Estimated value
$1,075,000
Commercial land
Longs, SC 29568
Entity Owned
5-yr Hold
Free & Clear
Property ID
US77-1852346
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Lot
1.38 ac (60,113 SF)
Zoning code
HC
APN
304-12-04-0055
UPID
US77-1852346
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
$1.25M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.08M
Owner & transaction history
Rai Developers LLC · 5 yrs held
Rai Developers LLC
since 2021
Last sale
$850,000
6 recorded transactions
Zoning & alternative use
HC · Longs, 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 Longs submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Longs 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
$1,350,000
ML approach
$1,250,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.08M
Range $968k – $1.18M · ±10% · vs last sale $850k (Feb 26 2021)
Last sale anchor
$850k
Feb 26 2021
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
—
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
$6,683
Tax year 2023
Assessed value
$36,297
Assessed 2023
Effective rate
18.41%
On assessed value
Assessed land
$36,297
Land market value
$345,690
Total market value
$345,690
Applied tax rate
500.0000
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Heating
NONE
Lot
1.38 ac (60,113 SF)
Zoning code
HC
APN
304-12-04-0055
UPID
US77-1852346
Jurisdiction
HORRY
Zoning & alternative use
HC · Longs, SC
Zoning HC · permitted uses
HC · Longs, SC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Longs. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Lot
1.38 ac
Current owner
From public records · entity-resolved
Rai Developers LLC
Entity
Free & Clear · 5 yrs held
Mailing address
131 WEEPING WILLOW DR, MYRTLE BEACH, SC 29579-5201
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 17, 2025
—
Rai Developers LLC
—
Deed
related
$200,000 · Anderson Brothers Bank
Feb 7, 2025
—
Rai Developers LLC
—
Deed
related
$2,100,000 · Anderson Brothers Bank
Feb 26, 2021
$850,000
Rai Developers LLC
Cch9 LLC
Warranty Deed
—
Oct 23, 2019
$600,000
Cch9 LLC
Hartland Props LLC
Warranty Deed
$575,000 · Hartland Props LLC
Mar 4, 2008
$635,000
Hartland Properties LLC
Colonial Charters Dev INC
Warranty Deed
related
—
—
—
Hartland Properties LLC
—
Deed Of Trust
related
$525,000 · Beach First Nat'l 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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