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Property profile & analytics
OFF-MARKET
Estimated value
$25,365,000
Specialty properties
1004 Bailes Rdg Ave Indian Land, SC 29707-0085
Entity Owned
3-yr Hold
Free & Clear
Property ID
US77-1995580
Property profile
Verified
Property type
Specialty properties
Use group
CHARITABLE ORGANIZATION
Year built
2014
Construction
WOOD
Total area
6,494 SF
Lot
19.99 ac (870,764 SF)
Zoning code
PDD
APN
0008-00-021.01
UPID
US77-1995580
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
by Request
Blend (final)
Blend
$25.37M
Owner & transaction history
Snow Tac Propco III LLC · 3 yrs held
Snow Tac Propco III LLC
since 2022
Last sale
$25.9M
7 recorded transactions
Zoning & alternative use
PDD · Indian Land, 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 Indian Land submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Indian Land 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
$24,275,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$25.37M
Range $22.83M – $27.90M · ±10% · vs last sale $25.91M (Dec 29 2022)
Last sale anchor
$25.91M
Dec 29 2022
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
$3,906 / 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
$1,195,891
Tax year 2023
Assessed value
$3,489,363
Assessed 2023
Previous assessed
$1,249,973
+179.2% YoY
Effective rate
34.27%
On assessed value
Assessed land
$281,880
Assessed improvement
$3,207,483
Land market value
$4,698,000
Improvement market value
$53,458,050
Total market value
$58,156,050
Applied tax rate
1.0000
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
Specialty properties
Use group
CHARITABLE ORGANIZATION
Status
Off-Market
Year built
2014
Construction
WOOD
Heating
PACKAGE
Buildings
11
Stories
1
Bathrooms
324
Total area
6,494 SF
Lot
19.99 ac (870,764 SF)
Zoning code
PDD
APN
0008-00-021.01
UPID
US77-1995580
Jurisdiction
LANCASTER
Zoning & alternative use
PDD · Indian Land, SC
Zoning PDD · permitted uses
PDD · Indian Land, SC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Indian Land. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2014
Construction
WOOD
Heating
PACKAGE
Stories
1
Buildings
11
Bathrooms
324
Lot
19.99 ac
Current owner
From public records · entity-resolved
Snow Tac Propco III LLC
Entity
Free & Clear · 3 yrs held
Mailing address
3900 EDISON LKS PKWY STE #201, MISHAWAKA, IN 46545-3442
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 29, 2022
$25,907,991
Snow Tac Propco III LLC
S&b Charlotte Apartments LLC
Special Warranty Deed
—
Feb 19, 2021
—
S&b Charlotte Apartments LLC
—
Deed
related
$36,130,500 · Merchants Capital Corp
Feb 17, 2021
—
S B Charlotte Apartments LLC
Sterling Charlotte Apartments Tic L
Intrafamily Transfer
related
—
Feb 12, 2018
$3,124,865
Tic LLC
S & B Charlotte Apartments LLC
Special Warranty Deed
—
Mar 29, 2017
—
S & B Charlotte Apartments LLC
—
Deed
related
$24,767,200 · Highland Com'l Mtg
Sep 18, 2013
$200,000
Bailes Investment Assocs LLC
Lancaster Cnty South Carolina
Grant Deed
—
—
—
S & B Charlotte Apartments LLC
—
Loan Modification
related
$24,767,200 · Highland Com'l Mtg
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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