Back to Search
Property profile & analytics
FOR SALE
Drive through restaurants
N Kings Hwy Myrtle Beach, SC 29572
Entity Owned
7-yr Hold
Free & Clear
Property ID
US77-1903678
For Sale
$285,000
N Kings Hwy, Myrtle Beach, SC 29572
View Listing →
Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Year built
2019
Construction
CONCRETE
Total area
4,600 SF
Lot
1.08 ac (47,045 SF)
APN
394-16-04-0001
UPID
US77-1903678
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
$740k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$741k
Blend (final)
Blend
$740k
Owner & transaction history
Mcdonalds R & E Co · 7 yrs held
Mcdonalds R & E Co
since 2018
7 recorded transactions
Zoning & alternative use
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 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
$740,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$740k
Range $666k – $814k · ±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
$161 / 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
$35,929
Tax year 2023
Assessed value
$131,514
Assessed 2023
Effective rate
27.32%
On assessed value
Assessed land
$58,320
Assessed improvement
$73,194
Land market value
$972,000
Improvement market value
$1,219,900
Total market value
$2,191,900
Applied tax rate
882.0000
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
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Status
For Sale
Year built
2019
Construction
CONCRETE
Heating
NONE
Total area
4,600 SF
Lot
1.08 ac (47,045 SF)
APN
394-16-04-0001
UPID
US77-1903678
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
Building & site characteristics
From public records
Year built
2019
Construction
CONCRETE
Heating
NONE
Lot
1.08 ac
Current owner
From public records · entity-resolved
Mcdonalds R & E Co
Entity
Free & Clear · 7 yrs held
Mailing address
110 N CARPENTER ST, CHICAGO, IL 60607-4106
Ownership since
2018
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
Oct 10, 2018
$1,050,000
Mcdonalds R & E Co
C4 Grande Dunes Plx LLC
Grant Deed
—
Oct 10, 2018
—
Mcdonalds R & E Co
C4 Grande Dunes Plx LLC
Quit Claim Deed
related
—
Jul 7, 2017
$22,160,000
Park Building Partners LLC
C4 Grande Dunes Plx LLC
Grant Deed
—
Jul 7, 2017
—
Park Building Partners LLC
C4 Grande Dunes Plx
Grant Deed
related
—
Jun 23, 2015
$5,575,000
C4 Grande Dunes Plx LLC
Gdmb Commercial LLC
Grant Deed
$16,820,800 · Regions Bk
Dec 20, 2013
$3,478,108
Gdmb Commercial LLC
Myrtle Beach Farms Co INC
Grant Deed
—
Oct 31, 2006
$1,800,000
Myrtle Beach Farms Co INC
Washington Square LLC
Grant Deed
—
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
