131 WaccamawMurrells Inlet, SC 29576

  • Hospitality properties
  • 11,220 SF
Off market
$6,612,500 Estimated

Property Details for 131 Waccamaw

Year built
1971
Construction
CONCRETE
Lot size
0.66 AC
Property size (Sq ft)
11,220 SF
Zone code
RC
Property type
Hospitality properties
Property subtype
Hotels
APN
470-06-03-0116
APU
47006030116

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,238,600
    6.5%
    $2,066,400
    7%
    $1,918,800
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,768,197
    Geo Method
    $5,099,693
  • Alternative Use

    Use
    Valuation
    Residential
    $2,255,908
    Hospitality
    $2,066,400
    Educational
    $1,719,220
    Medical
    $1,778,347
    Retail
    $2,674,343
131 Waccamaw, Murrells Inlet, South Carolina

Location Insight

City
Murrells Inlet
County
Horry
State
South Carolina
Latitude
33.5778
Longitude
-78.9984
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
$11,730
$41,234
$12,613
$53,847
-
$1,152,000
$342,100
$1,494,100

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