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Property profile & analytics
OFF-MARKET
Warehouses
106 Thomas St Lake City, SC 29560-2639
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US77-1272789
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1947
Total area
19,330 SF
Lot
1.04 ac (45,401 SF)
Zoning code
LI
APN
80016-08-005
UPID
US77-1272789
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
by Request
Owner & transaction history
Greater Lake City Alliance · 3 yrs held
Greater Lake City Alliance
since 2023
Last sale
$125,000
6 recorded transactions
Zoning & alternative use
LI · Lake City, 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 Lake City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lake City 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$3,287
Tax year 2023
Assessed value
$4,978
Assessed 2023
Previous assessed
$4,978,218
-99.9% YoY
Effective rate
66.03%
On assessed value
Assessed land
$891
Assessed improvement
$4,087
Land market value
$22,272
Improvement market value
$102,183
Total market value
$124,455
Applied tax rate
320.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
1947
Heating
NONE
Total area
19,330 SF
Lot
1.04 ac (45,401 SF)
Zoning code
LI
APN
80016-08-005
UPID
US77-1272789
Jurisdiction
FLORENCE
Zoning & alternative use
LI · Lake City, SC
Zoning LI · permitted uses
LI · Lake City, SC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lake City. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1947
Heating
NONE
Lot
1.04 ac
Current owner
From public records · entity-resolved
Greater Lake City Alliance
Entity
Mailing address
133 E MAIN STB, LAKE CITY, SC 29560-2626
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 4, 2023
—
Greater Lake City Alliance
Lake City Chamber Of Commerce
Deed
—
Jan 8, 2020
—
Greater Lake City Alliance
Greater Lk City Cmnty Dev Offi
Quit Claim Deed
related
—
Jan 22, 2013
$125,000
Lake City Pthsp Council
South Carolina Cmnty Bk
Grant Deed
—
Apr 28, 2011
—
Carolina Cmnty Bk South
Jtk Investments LLC
Deed In Lieu Of Foreclosure
related
—
Apr 25, 2006
$100,000
Jtk Investments LLC
Davis,lewis N
Grant Deed
$180,000 · South Carolina Community Bank
—
—
Jtk Investment LLC
—
Deed Of Trust
related
$400,000 · South Carolina Community 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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