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Property profile & analytics
OFF-MARKET
Estimated value
$2,220,000
Strip malls
10597 Dorchester Rd Summerville, SC 29485-8074
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US77-3005253
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2003
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
12,000 SF
Lot
1.39 ac (60,548 SF)
Zoning code
CG_DC
APN
152-16-01-014
UPID
US77-3005253
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
Current use
Occupant on record · Public records
-
LifeTrust Financial Insurance Agency
-
Just Stuff It Catering and Takeout Take-out & Catering Catering Service
-
Havana Cigars, Tobacco & Gifts (Bike/Boat/Book/etc) Store
-
I Heart CBD Dorchester (Bike/Boat/Book/etc) Store
-
Low Country Clippers Hair Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.30M
CAP Approach
CAP
$3.08M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.22M
Owner & transaction history
Glgd LLC · 4 yrs held
Glgd LLC
since 2021
Last sale
$2.2M
6 recorded transactions
Zoning & alternative use
CG_DC · Summerville, SC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$1.7M
+262.2%
Restaurant
$1.4M
+194.8%
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
$2,180,000
ML approach
$2,300,000
CAP Approach
CAP Return
Estimation
6%
$3,330,000
6.5%
$3,075,000
7%
$2,855,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,695,000
Change: +262% · Conversion: Moderate
RESTAURANT
$1,380,000
Change: +195% · Conversion: Difficult
Blend value · Realmo final
$2.22M
Range $2.00M – $2.44M · ±10% · vs last sale $2.20M (Jul 26 2021)
Last sale anchor
$2.20M
Jul 26 2021
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
$185 / 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
$44,015
Tax year 2023
Assessed value
$131,760
Assessed 2023
Previous assessed
$131,760
+0.0% YoY
Effective rate
33.41%
On assessed value
Assessed land
$30,024
Assessed improvement
$101,736
Land market value
$500,400
Improvement market value
$1,695,600
Total market value
$2,196,000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
2003
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
NONE
Stories
1
Total area
12,000 SF
Lot
1.39 ac (60,548 SF)
Zoning code
CG_DC
APN
152-16-01-014
UPID
US77-3005253
Jurisdiction
DORCHESTER
Zoning & alternative use
CG_DC · Summerville, SC
Zoning CG_DC · permitted uses
CG_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
OFFICE BUILDING
Est. value
$1.7M
RESTAURANT
Est. value
$1.4M
OFFICE BUILDING
RESTAURANT
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
2003
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
Yes
Stories
1
Lot
1.39 ac
Current owner
From public records · entity-resolved
Glgd LLC
Entity
Mailing address
160 E BAY ST STE #201, CHARLESTON, SC 29401-2140
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 26, 2021
$2,200,000
Glgd LLC
John A Krauss
Deed
$3,080,000 · First Reliance Bank
Jan 22, 2019
—
John A Krauss
—
Deed
related
$438,000 · Southern First Bk NA
May 16, 2005
$1,636,500
Krauss,john A & Judith A
Isle Of Palms Busn Center LLC
Grant Deed
$1,186,000 · Wachovia Bk/ga
Feb 5, 2004
$1,500,000
Isle Of Palms Busn Center LLC
Dorchester Shoppes LLC
Warranty Deed
$1,200,000 · Rbc Centura Bank
—
—
John A Krauss
—
Deed Of Trust
related
$438,000 · Southern First Bk NA
—
—
Isle Of Palms Busn Center LLC
—
Deed Of Trust
related
$1,150,000 · Rbc Centura Bank
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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