NOT LISTED FOR SALE

10231 N Kings Hwy Myrtle Beach, SC 29572

Estimated Value: $5,495,032

1 Acre
$5,495,032 Price per Acre
43,560 Sq Ft Lot

Last Sold December 06, 2017

Last sale price $225,000

Est. 2,342% increase in value since last sale

Current estimated payment $30,611/month

498 Days on Market

Highlights

  • 1 Acre Lot
  • Timber
  • Rectangular Lot

About This Lot

As of December 2017

Bargain priced, beautiful highway commercial lot directly off North Kings Highway behind Marriott Fairfield at Briarcliffe. 1 Acre all zoned Highway Commercial and in Horry County. Property to be sold subject to certain use restrictions but is suitable for office professional, medical office, or other similar uses. Parcel also has shared access to Myrtle Beach Mall with 270 feet of frontage on Briarwood Drive. Surrounded by a very nice office park and residential development.

Last Listed By

John Draughn

CB Sea Coast Commercial License #8683 Listed on: 06/16/2016

Property Details

Property Type

  • Land

Year Built

  • 1993

Lot Details

  • 1 Acre Lot
  • Rectangular Lot
  • Property is zoned HC

Schools

  • Myrtle Beach Elementary School
  • Myrtle Beach Middle School
  • Myrtle Beach High School

Additional Features

  • Outside City Limits
  • Timber
  • Phone Available

Property Details

Property Type

Land

Year Built

1993

Lot Details

0

Listing Details

  • Lot Description: Rectangular
  • Improvements: Driveway
  • Four Sided Lot Measurement: 270x155x277x223
  • Amenities Available: Restrictions
  • Class: Land
  • HOA Fee Frequency: Does Not Have Hoa
  • Lvt Date: 06/23/2016
  • Estm Road Frontage: 270
  • Previous Tax Mapnumber: 39006030007
  • Additional Information: Timber
  • Estimated Lot Size: 1-2 Acres
  • Number Of Lots: 1
  • Residence: Land Only
  • Road Access: Private Only
  • Road Surface: Blacktop
  • Utilities To Site: Electricity, Phone, Sewer, Tv Cable, Water
  • Geo Subdivision: SC
  • Section Subdivision: Briarcliffe Acres
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 1993

Exterior Features

  • Number Of Acres: 1

Garage/Parking

  • Type: Commercial Lot - Sale

Utilities

  • Sewer: Public
  • Water: Public

Schools

  • Elementary School: Myrtle Beach Elementary School
  • Middle School: Myrtle Beach Middle School
  • High School: Myrtle Beach High School

Lot Info

  • Lot Location: Outside City Limits
  • Zoning: HC

MLS Schools

  • Elementary School: Myrtle Beach Elementary School
  • HighSchool: Myrtle Beach High School
  • Middle School: Myrtle Beach Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 4, 2024
Sold by
Mb Venture Investments Llc
Bought by
Mb Venture Investments Llc
Total Days on Market
498
Current Estimated Value
$5,495,032

Purchase Details

Closed on
Jun 8, 2017
Sold by
Lrp Hotels Of N Myrtle Bea
Bought by
Ncsc Myrtle Beach Owner Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000,000
Interest Rate
4.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 16, 2001
Sold by
Company Mb Unihost Llc A S C Ltd Liability
Bought by
Myrtle Beach Hotel Suites Llc

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Mb Venture Investments Llc -- --
Mb Venture Investments Llc $5,500,000 --
Ncsc Myrtle Beach Owner Llc $6,350,000 --
Myrtle Beach Hotel Suites Llc $3,635,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ncsc Myrtle Beach Owner Llc $20,000,000
Previous Owner Lrp Hotels Of N Myrtle Beach Llc $4,203,750
Previous Owner Myrtle Beach Hotel Suites Llc $3,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/06/2017 12/06/17 Sold $225,000 -10.0% --
06/16/2016 06/16/16 For Sale $250,000 -- --
Source: Coastal Carolinas Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 -- $240,000 $60,000 $180,000
2023 $0 $240,000 $60,000 $180,000
2021 $51,968 $240,000 $60,000 $180,000
2020 $49,681 $240,000 $60,000 $180,000
2019 $76,877 $380,532 $72,918 $307,614
2018 $0 $361,950 $58,680 $303,270
2017 $54,747 $255,972 $58,680 $197,292
2016 $0 $255,972 $58,680 $197,292
2015 -- $255,972 $58,680 $197,292
2014 $43,408 $296,256 $58,680 $237,576
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 1613107

Coastal Carolinas Association of REALTORS®

APN: 39006030006