Entity Owned Property summary
AI-generated overview
This exceptional 2,400-square-foot warehouse, built in 2007 and renovated in 2023, presents a compelling investment opportunity in North Charleston, South Carolina. Located at 5515 Rivers Ave, this property sits on a 1.61-acre lot and boasts a desirable M1 zoning, allowing for a variety of light industrial uses. The building's strategic location offers easy access to Interstates 526 and 26, ensuring convenient transportation routes. Ideal for businesses needing office space and land, potential uses include supply chains, moving companies, RV/boat storage, solar farm facilities, wholesale operations, heavy construction, or government use. The asking price is $3,125,000, translating to $1,302.08 per square foot. The property's proximity to major roadways and its versatile zoning make it a key development opportunity in a thriving area of North Charleston. A lease-to-purchase option may be considered. The property includes a 2,400 square foot building and five 0.24-acre lots previously rezoned for M1 light industrial uses.
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
2007
Total area
2,400 SF
Lot
0.6 ac (26,136 SF)
APN
472-07-00-071
UPID
US77-0237245
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$597k
Blend (final)
Blend
$1.17M
Owner & transaction history
since 2023
Last sale
$1.3M
4 recorded transactions
Zoning & alternative use
Top alternative use upside
Office building
$1.3M
+111.3%
Retail stores
$825,000
+36.7%
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 12 comparables with addresses
3 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Estimated market value
$1.17M
Value range
$1.05M – $1.28M
±10% around blend
Estimated value / SF
$485 / SF
Confidence
High
12 county-verified comps
Property data
88
Market benchmarks
100
Comparable evidence
100
$1.05M
blend $1.17M
$1.28M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
2,400 SF
Lot area
0.6 ac
Year built
2007
Stories
1
APN
472-07-00-071
Assessed value
$25,170
Annual tax
$8,322
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$1.12M
Weighted, 12 comps · high confidence
Evidence
12 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
2.8 mi away · 2,064 SF
3.6 mi away · 1,801 SF
3.6 mi away · 3,062 SF
5.2 mi away · 2,448 SF
5.2 mi away · 2,184 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$1.17M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 144 sales
$251
+93%
Submarket 21 sales
$232
+109%
County 1390 sales
$464
+5%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $485/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Office Building
Gross theoretical uplift
+111%
vs current-use indication
Retail Stores
Commercial (general) · current use
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
Not available
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 12 sales
Market rates by use type
PDF export
Professional Plan · 30 reports
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Overview
Implied cap rate
2.80%
Implied, in-place cap rate for this commercial real estate
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
NOI (est.)
$88k *
Last sale · Feb 2023
$1.25M
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$3.13M
Move the market yield to see immediate price impact.
Value / SF
$1,302
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
2.30%2.80%3.30%
$79k
$3.42M
$2.81M
$2.39M
$88k
$3.80M
$3.13M
$2.65M
$96k
$4.18M
$3.44M
$2.92M
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
12 found
High confidence · county-verified
Closest comparable
$475k
1.9 mi · Feb 2026 · $155/SF
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$8,322
Tax year 2023
Assessed value
$25,170
Assessed 2023
Previous assessed
$25,170
+0.0% YoY
Effective rate
33.06%
On assessed value
Land market value
$200,000
Improvement market value
$278,800
Total market value
$478,800
Applied tax rate
4.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
2007
Heating
HEAT PUMP
Cooling
CENTRAL
Stories
1
Total area
2,400 SF
Lot
0.6 ac (26,136 SF)
APN
472-07-00-071
UPID
US77-0237245
Jurisdiction
CHARLESTON
Zoning & alternative use
Zoning · permitted uses
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release.
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
2007
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Lot
0.6 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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