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Property profile & analytics
OFF-MARKET
Estimated value
$850,000
Commercial land
Ocean Blvd North Myrtle Beach, SC 29582
Entity Owned
2-yr Hold
Free & Clear
Property ID
US77-1906035
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Year built
1955
Lot
0.5 ac (21,780 SF)
Zoning code
C1
APN
392-01-01-0153
UPID
US77-1906035
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
$960k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$850k
Owner & transaction history
Villadeldolphin LLC · 2 yrs held
Villadeldolphin LLC
since 2024
Last sale
$750,000
7 recorded transactions
Zoning & alternative use
C1 · North Myrtle Beach, 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 North Myrtle Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs North 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
$935,000
ML approach
$960,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$850k
Range $765k – $935k · ±10% · vs last sale $750k (Oct 13 2023)
Last sale anchor
$750k
Oct 13 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
—
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
Assessed value
$32,670
Assessed 2023
Previous assessed
$32,670
+0.0% YoY
Assessed land
$32,670
Land market value
$544,500
Total market value
$544,500
Applied tax rate
590.0000
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
Year built
1955
Heating
NONE
Lot
0.5 ac (21,780 SF)
Zoning code
C1
APN
392-01-01-0153
UPID
US77-1906035
Jurisdiction
HORRY
Zoning & alternative use
C1 · North Myrtle Beach, SC
Zoning C1 · permitted uses
C1 · North Myrtle Beach, SC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
North Myrtle Beach. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1955
Heating
NONE
Lot
0.5 ac
Current owner
From public records · entity-resolved
Villadeldolphin LLC
Entity
Free & Clear · 2 yrs held
Mailing address
PO BOX 1362, NORTH MYRTLE BEACH, SC 29598-1362
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
May 6, 2024
—
Villadeldolphin LLC
Poteressia Mcneill Living Trust
Warranty Deed
—
Oct 13, 2023
$750,000
Poterressia Mcneill
Edward N Cooper
Warranty Deed
—
Aug 31, 2017
—
Nancy J Cooper
Henry H Cooper JR.
Quit Claim Deed
related
—
Aug 30, 2010
$825,000
Cooper,h H JR
Atlas Sc I Spe LLC
Grant Deed
—
Dec 11, 2009
—
Atlas Sc I Spe LLC
Branch Bkng & Trust Co
Quit Claim Deed
related
—
Aug 26, 2005
$4,500,000
Inge,brian
Jac Ent INC
Grant Deed
—
—
—
Lacasa Real Estate Dev LLC
—
Deed Of Trust
related
$5,450,000 · Branch Bk&tr
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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