New search
Property profile & analytics
OFF-MARKET
Estimated value
$870,000
Strip malls
Socastee Blvd Myrtle Beach, SC 29588
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US77-0279816
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2007
Construction
CONCRETE
Total area
12,824 SF
Lot
0.78 ac (33,977 SF)
Zoning code
FA
APN
441-10-02-0050
UPID
US77-0279816
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
$595k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$701k
Blend (final)
Blend
$870k
Owner & transaction history
Pure Assets LLC · 6 yrs held
Pure Assets LLC
since 2019
7 recorded transactions
Zoning & alternative use
FA · 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 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
$595,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$870k
Range $783k – $957k · ±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
$68 / 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
$12,524
Tax year 2023
Assessed value
$55,684
Assessed 2023
Effective rate
22.49%
On assessed value
Assessed land
$12,232
Assessed improvement
$43,452
Land market value
$203,860
Improvement market value
$724,200
Total market value
$928,060
Applied tax rate
630.0000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
2007
Construction
CONCRETE
Heating
SOLAR
Cooling
CENTRAL
Total area
12,824 SF
Lot
0.78 ac (33,977 SF)
Zoning code
FA
APN
441-10-02-0050
UPID
US77-0279816
Jurisdiction
HORRY
Zoning & alternative use
FA · Myrtle Beach, SC
Zoning FA · permitted uses
FA · Myrtle Beach, SC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Myrtle Beach. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2007
Construction
CONCRETE
Heating
SOLAR
Cooling
Yes
Lot
0.78 ac
Current owner
From public records · entity-resolved
Pure Assets LLC
Entity
Mailing address
5335 N KINGS HWY #619, MYRTLE BEACH, SC 29577-2520
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 15, 2019
$700,000
Pure Assets LLC
Parker Dev LLC
Warranty Deed
related
$560,000 · South Atlantic Bk
Mar 13, 2018
$32,000
Rs Parker Homes LLC
Cloverleaf Partners LLC
Warranty Deed
—
Sep 11, 2017
$32,000
Rs Parker Homes LLC
Cloverleaf Partners LLC
Warranty Deed
—
Mar 24, 2016
$77,400
Rs Parker Homes LLC
Arrowhead Grande II LLC
Grant Deed
$228,708 · Branch Bk&tr
Jun 18, 2012
—
Rs Parker Homes LLC
Cloverleaf Partners LLC
Grant Deed
related
—
Mar 6, 2012
$300,000
Parker Dev LLC
First Citizens Bk & Trust Co
Grant Deed
—
Oct 8, 2009
$680,000
First Citizens Bk & Trust Co
Master-in-equity Of Horry Cnty
One Of Committee, Strict Foreclosure, Sheriff, Or Redemption Deeds
related
—
Jan 23, 2006
$125,000
Derubeis,chris N
Mark A Smith
Grant Deed
—
May 31, 2001
$46,500
Mark A Smith
—
Grant Deed
—
—
—
Derubeis,chris N
—
Deed Of Trust
related
$756,000 · Branch Bk&tr/sc
—
—
Derubeis,chris N
—
Deed Of Trust
related
$756,000 · First Citizens Bk
—
—
Parker Dev LLC
—
Deed Of Trust
related
$240,000 · Crescom 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.
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?”
You own Socastee Blvd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
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.
