This exceptional 1,040-square-foot office suite, located in the desirable Foster Building at 1504 Azalea Dr, Surfside Beach, SC 29575, presents a fantastic investment or personal use opportunity. Situated on the second floor, this traditional office space boasts a thoughtfully designed layout, including a welcoming front office/lobby area, three additional private offices, and a convenient bathroom with a sink for a break area. The property is zoned for commercial use and features a total of 1,040 square feet of net rentable space across two stories. The building's APN is 45910030132. Recently updated, this turnkey suite is immediately available. The asking price for this meticulously maintained property is $120,000. This is a rare chance to acquire a well-appointed office space in a highly sought-after location within Horry County, South Carolina. The property's convenient location and modern amenities make it an ideal choice for a variety of businesses or professionals seeking a comfortable and productive workspace. Don't miss this chance to own a piece of Surfside Beach's thriving commercial landscape.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$175,663
6.5%
$162,151
7%
$150,569
Comparable approach
Method
Valuation
Relative Method
$104,985
Geo Method
$229,540
Alternative Use
Use
Valuation
Residential
$201,067
Hospitality
$184,176
Educational
$153,233
Medical
$158,502
Retail
$238,362
Location Insight
City
Myrtle Beach
County
Horry
State
South Carolina
Latitude
33.625
Longitude
-78.9711
CBSA code
34820
CBSA name
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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