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Property profile & analytics
OFF-MARKET
Estimated value
$2,525,000
Manufacturing properties
101 Innovation Dr Summerville, SC 29483-4709
Entity Owned
Free & Clear
Property ID
US77-0912728
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
2006
Construction
METAL FRAME
Total area
19,847 SF
Lot
7.89 ac (343,688 SF)
Zoning code
I_DC
APN
122-00-00-152
UPID
US77-0912728
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
$2.61M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.58M
Blend (final)
Blend
$2.53M
Owner & transaction history
Niven Farms Sc LLC
Niven Farms Sc LLC
since 2026
Last sale
$2.5M
7 recorded transactions
Zoning & alternative use
I_DC · Summerville, SC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$2.4M
+27.5%
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 Summerville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Summerville 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
$2,910,000
ML approach
$2,610,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$1,900,000
Current use
WAREHOUSE, STORAGE
$2,420,000
Change: +27% · Conversion: Easy
Blend value · Realmo final
$2.53M
Range $2.27M – $2.78M · ±10% · vs last sale $2.45M (Jul 2 2020)
Last sale anchor
$2.45M
Jul 2 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
$127 / 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
$34,770
Tax year 2023
Assessed value
$125,358
Assessed 2023
Previous assessed
$125,358
+0.0% YoY
Effective rate
27.74%
On assessed value
Assessed land
$41,243
Assessed improvement
$84,115
Land market value
$687,377
Improvement market value
$1,401,916
Total market value
$2,089,293
Applied tax rate
200.0000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
2006
Construction
METAL FRAME
Heating
HEAT PUMP
Cooling
CENTRAL
Stories
1
Total area
19,847 SF
Lot
7.89 ac (343,688 SF)
Zoning code
I_DC
APN
122-00-00-152
UPID
US77-0912728
Jurisdiction
DORCHESTER
Zoning & alternative use
I_DC · Summerville, SC
Zoning I_DC · permitted uses
I_DC · Summerville, SC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Summerville. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$1.9M
WAREHOUSE, STORAGE
Est. value
$2.4M
INDUSTRIAL (GENERAL) Current
WAREHOUSE, STORAGE
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
2006
Construction
METAL FRAME
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Lot
7.89 ac
Current owner
From public records · entity-resolved
Niven Farms Sc LLC
Entity
Free & Clear · 0 yrs held
Mailing address
578 E BAY ST STE A, CHARLESTON, SC 29403-6472
Ownership since
2026
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
Feb 24, 2026
—
Niven Farms Sc LLC
Melinda M Morse Trust
Deed
related
—
Feb 5, 2026
—
Niven Farms Sc LLC
John Tucker Morse Trust
Quitclaim Deed
related
—
Jul 2, 2020
—
Morse,melinda M Trust
Melinda M Laurens
Correction Deed
related
$5,810,000 · First Carolina Bk
Apr 13, 2020
$2,450,000
John T Morse
Quattlebaum Brothers LLC
Grant Deed
—
Apr 13, 2020
—
Quattlebaum Brothers LLC
Dorchester County
Correction Deed
related
—
—
—
Quattlebaum Brothers LLC
—
Deed Of Trust
related
$1,150,000 · Protective Life Insurance Co
—
—
M & L Farms Jtm-1 LLC
—
Deed Of Trust
related
$5,810,000 · First Carolina Bk
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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