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Property profile & analytics
FOR LEASE
Warehouses
370 Atlantic Ave Conway, SC 29526
Entity Owned
20-yr Hold
~
Est. High Equity
Property ID
US77-0040873
For Lease
1 / 3
$8.50 SF/Yr
370 Atlantic Ave, Conway, SC 29526
View Listing →
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1981
Construction
STEEL FRAME
Total area
135,634 SF
Lot
16.19 ac (705,236 SF)
Zoning code
HIP
APN
383-00-00-0353
UPID
US77-0040873
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$20.98M
Blend (final)
Blend
$15.79M
Owner & transaction history
370 Allied LLC · 20 yrs held
370 Allied LLC
since 2006
7 recorded transactions
Zoning & alternative use
HIP · Conway, SC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Conway submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Conway 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$25,565,000
Change: -11% · Conversion: Moderate
Blend value · Realmo final
$15.79M
Range $14.21M – $17.36M · ±10%
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
$116 / 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
$76,431
Tax year 2023
Assessed value
$330,189
Assessed 2023
Effective rate
23.15%
On assessed value
Assessed land
$45,179
Assessed improvement
$285,010
Land market value
$1,003,320
Improvement market value
$8,196,200
Total market value
$9,199,520
Applied tax rate
108.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
For Lease
Year built
1981
Construction
STEEL FRAME
Heating
SOLAR
Cooling
CENTRAL
Buildings
2
Total area
135,634 SF
Lot
16.19 ac (705,236 SF)
Zoning code
HIP
APN
383-00-00-0353
UPID
US77-0040873
Jurisdiction
HORRY
Zoning & alternative use
HIP · Conway, SC
Zoning HIP · permitted uses
HIP · Conway, SC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Conway. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES
Est. value
$25.6M
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
1981
Construction
STEEL FRAME
Heating
SOLAR
Cooling
Yes
Buildings
2
Lot
16.19 ac
Current owner
From public records · entity-resolved
370 Allied LLC
Entity
Mailing address
370 ALLIED DR, CONWAY, SC 29526-7293
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2006
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
17 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 15, 2024
—
370 Allied Drive LLC
—
Deed
related
$10,549,400 · United Community Bank
Mar 16, 2023
—
370 Allied LLC
—
Deed
related
$74,000,000 · Coastal Carolina National Bank
Jun 24, 2021
—
370 Allied LLC
—
Deed
related
$1,300,000 · United Community Bank
Dec 19, 2019
—
370 Allied LLC
—
Deed
related
$800,000 · United Cmnty Bk
Mar 22, 2019
—
370 Allied LLC
—
Deed
related
$350,000 · United Cmnty Bk
Feb 13, 2018
—
370 Allied LLC
—
Deed
related
$250,000 · United Cmnty Bk
Dec 19, 2016
—
370 Allied LLC
—
Deed
related
$310,500 · Td Bk NA
Jun 30, 2006
$3,000,000
370 Allied LLC
Horry County
Grant Deed
$1,625,000 · Blx Cap
—
—
370 Allied LLC
—
Deed Of Trust
related
$250,000 · United Cmnty Bk
—
—
370 Allied LLC
—
Deed Of Trust
related
$150,000 · Td Bk NA
—
—
370 Allied LLC
—
Loan Modification
related
$310,500 · Td Bk NA
—
—
370 Allied LLC
—
Deed Of Trust
related
$350,000 · United Cmnty Bk
—
—
370 Allied LLC
—
Deed Of Trust
related
$3,400,000 · United Cmnty Bk
—
—
370 Allied LLC
—
Deed Of Trust
related
$500,000 · Td Bk NA
—
—
370 Allied LLC
—
Deed Of Trust
related
$800,000 · United Cmnty Bk
—
—
370 Allied LLC
—
Deed Of Trust
related
$2,505,000 · Td Bk NA
—
—
370 Allied LLC
—
Deed Of Trust
related
$1,338,000 · Private Individual
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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