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Property profile & analytics
OFF-MARKET
Estimated value
$1,680,000
Warehouses
1050 Chris Cir West Columbia, SC 29169-4722
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US77-1156484
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1990
Total area
13,303 SF
Lot
1.64 ac (71,438 SF)
Zoning code
ID
APN
004597-03-040
UPID
US77-1156484
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
$1.62M
CAP Approach
CAP
$1.54M
Comparable Approach
Comparable
$1.01M
Blend (final)
Blend
$1.68M
Owner & transaction history
Midlands 1919 Group LLC · 2 yrs held
Midlands 1919 Group LLC
since 2023
Last sale
$1.8M
4 recorded transactions
Zoning & alternative use
ID · West Columbia, SC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$2.4M
+169.7%
Office building
$1.9M
+117.2%
Neighborhood: shopping center
$1.4M
+59.6%
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 West Columbia submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs West Columbia 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
$1,645,000
ML approach
$1,615,000
CAP Approach
CAP Return
Estimation
6%
$1,665,000
6.5%
$1,535,000
7%
$1,425,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$2,390,000
Change: +170% · Conversion: Difficult
OFFICE BUILDING
$1,925,000
Change: +117% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$1,415,000
Change: +60% · Conversion: Moderate
COMMERCIAL (GENERAL)
$1,390,000
Change: +57% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,065,000
Change: +20% · Conversion: Easy
Blend value · Realmo final
$1.68M
Range $1.51M – $1.85M · ±10% · vs last sale $1.80M (Dec 27 2023)
Last sale anchor
$1.80M
Dec 27 2023
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
$126 / 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
$17,704
Tax year 2023
Assessed value
$36,700
Assessed 2023
Previous assessed
$36,700
+0.0% YoY
Effective rate
48.24%
On assessed value
Assessed land
$9,384
Assessed improvement
$27,316
Land market value
$156,400
Improvement market value
$455,258
Total market value
$611,658
Applied tax rate
2.0000
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
Off-Market
Year built
1990
Heating
FORCED AIR
Bathrooms
2
Total area
13,303 SF
Lot
1.64 ac (71,438 SF)
Zoning code
ID
APN
004597-03-040
UPID
US77-1156484
Jurisdiction
LEXINGTON
Zoning & alternative use
ID · West Columbia, SC
Zoning ID · permitted uses
ID · West Columbia, SC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
West Columbia. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING
Est. value
$2.4M
OFFICE BUILDING
Est. value
$1.9M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.4M
COMMERCIAL (GENERAL)
Est. value
$1.4M
AUTO REPAIR, GARAGE
Est. value
$1.1M
MEDICAL BUILDING
OFFICE BUILDING
NEIGHBORHOOD: SHOPPING CENTER
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
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
1990
Heating
FORCED AIR
Bathrooms
2
Lot
1.64 ac
Current owner
From public records · entity-resolved
Midlands 1919 Group LLC
Entity
Mailing address
2551 FRST DR, COLUMBIA, SC 29204-2009
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 27, 2023
$1,800,000
Midlands 1919 Group LLC
1050 Chris Circle LLC
Deed
$1,710,000 · South State Bank NA
Mar 22, 2022
$1,225,000
1050 Chris Circle LLC
Catherine H Kennedy
Limited Warranty Deed
$1,000,000 · Synovus Bank
Mar 22, 2022
—
1050 Chris Circle LLC
Catherine H Kennedy
Quit Claim Deed
related
—
Jan 20, 2011
—
Hood Frances M Family Trust
Hood Frances M
Quit Claim Deed
—
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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