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Property profile & analytics
OFF-MARKET
Estimated value
$1,860,000
Medical Office Space
8720 Dorchester Rd North Charleston, SC 29420-7303
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US77-1605272
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2009
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
6,582 SF
Lot
0.72 ac (31,363 SF)
Zoning code
B1_NC
APN
171-00-00-058
UPID
US77-1605272
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.26M
CAP Approach
CAP
$1.43M
Comparable Approach
Comparable
$2.37M
Blend (final)
Blend
$1.86M
Owner & transaction history
Mily No 3 LLC · 5 yrs held
Mily No 3 LLC
since 2020
Last sale
$1.6M
7 recorded transactions
Zoning & alternative use
B1_NC · North Charleston, SC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$2.7M
+56.1%
Office building
$2.5M
+43.2%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs North Charleston submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs North Charleston submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$2,435,000
ML approach
$2,255,000
CAP Approach
CAP Return
Estimation
6%
$1,545,000
6.5%
$1,430,000
7%
$1,325,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$1,745,000
Current use
COMMERCIAL (GENERAL)
$2,725,000
Change: +56% · Conversion: Easy
OFFICE BUILDING
$2,500,000
Change: +43% · Conversion: Easy
RETAIL STORES
$1,490,000
Change: -15% · Conversion: Difficult
Blend value · Realmo final
$1.86M
Range $1.67M – $2.05M · ±10% · vs last sale $1.65M (Sep 18 2020)
Last sale anchor
$1.65M
Sep 18 2020
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$283 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$86,110
Tax year 2023
Assessed value
$195,000
Assessed 2023
Previous assessed
$195,000
+0.0% YoY
Effective rate
44.16%
On assessed value
Assessed land
$18,818
Assessed improvement
$176,182
Land market value
$313,632
Improvement market value
$2,936,368
Total market value
$3,250,000
Applied tax rate
208.0000
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
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
2009
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
NONE
Stories
1
Total area
6,582 SF
Lot
0.72 ac (31,363 SF)
Zoning code
B1_NC
APN
171-00-00-058
UPID
US77-1605272
Jurisdiction
DORCHESTER
Zoning & alternative use
B1_NC · North Charleston, SC
Zoning B1_NC · permitted uses
B1_NC · North Charleston, SC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
North Charleston. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$1.7M
COMMERCIAL (GENERAL)
Est. value
$2.7M
OFFICE BUILDING
Est. value
$2.5M
RETAIL STORES
Est. value
$1.5M
MEDICAL BUILDING Current
COMMERCIAL (GENERAL)
OFFICE BUILDING
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2009
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.72 ac
Current owner
From public records · entity-resolved
Mily No 3 LLC
Entity
Mailing address
23 HEATHER DR, ATHERTON, CA 94027-2005
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
16 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 18, 2020
—
Mily No 3 LLC
Mily LLC
Quit Claim Deed
related
—
Nov 14, 2017
$1,645,000
Eig14t Rccc 220 Sc-dorchester
Gw Dorchester LLC
Grant Deed
—
Oct 16, 2017
$3,250,000
Mily LLC
Store Master Funding IV LLC
Grant Deed
related
—
Jul 1, 2013
$2,725,000
Store Master Funding IV LLC
H & P Earthworks LLC
Warranty Deed
related
$2,820,000 · Citibank Fsb
Jan 2, 2013
—
Store Master Fndg IV LLC
H & P Earthworks LLC
Grant Deed
related
—
Aug 2, 2010
—
H & P Earthworks LLC
Hallaba,radwan S
Grant Deed
related
—
May 23, 2008
$349,000
Inzaina Properties LLC
Heafner,william L
Grant Deed
—
Jan 22, 2008
$315,952
William L Heafner
Piedmont Companies INC
Grant Deed
—
Sep 19, 2006
—
Gw Dorchester LLC
Rice,evelyn D
Quit Claim Deed
related
—
Jun 16, 2004
$325,000
Led Investments LLC
Piedmont Companies INC
Grant Deed
$260,000 · First Citizens Bk&tr/sc
Jun 15, 2004
$325,000
Led Invst LLC
Piedmont Companies INC
Grant Deed
—
Jul 17, 2002
$2,075,000
Hofden LLC
—
Grant Deed
—
Jun 20, 2001
$585,000
Piedmont Companies INC
—
Grant Deed
—
—
—
Inzaina Properties LLC
—
Deed Of Trust
related
$150,000 · National Bank South Carolina
—
—
Inzaina Properties LLC
—
Deed Of Trust
related
$1,700,000 · National Bank South Carolina
—
—
H & P Earthworks LLC
—
Deed Of Trust
related
$2,027,250 · Regions Bk/fayette
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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