1504 Azalea DrSurfside Beach, SC 29575

  • Office properties
  • 1,000 SF
For Sale
$120,000 View listing

Property Details for 1504 Azalea Dr

Year built
1984
Property size (Sq ft)
1,000 SF
Zone code
C-1
Property type
Office properties
APN
459-10-03-0131
APU
45910030131

Description

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

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
-
-
$8,054
$8,054
-
-
$76,700
$76,700

FAQs

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