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Property profile & analytics
OFF-MARKET
Estimated value
$570,000
Office buildings
1061 Lk Murray Blvd Irmo, SC 29063-2824
Entity Owned
7-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US77-0344292
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1985
Total area
3,336 SF
Lot
0.83 ac (36,155 SF)
Zoning code
CG
APN
001925-03-017
UPID
US77-0344292
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
-
Music Academy Success, LLC Business Management Consultant Business School
-
Irmo Music Academy Vocational School Training Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$395k
CAP Approach
CAP
$735k
Comparable Approach
Comparable
$574k
Blend (final)
Blend
$570k
Owner & transaction history
Fort Holdings Irmo LLC · 7 yrs held
Fort Holdings Irmo LLC
since 2018
2 recorded transactions
Zoning & alternative use
CG · Irmo, SC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$710,000
+73.5%
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 Irmo submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Irmo 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
by Request
ML approach
$395,000
CAP Approach
CAP Return
Estimation
6%
$795,000
6.5%
$735,000
7%
$680,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$410,000
Current use
MEDICAL BUILDING
$710,000
Change: +73% · Conversion: Easy
AUTO REPAIR, GARAGE
$405,000
Change: 0% · Conversion: Difficult
COMMERCIAL (GENERAL)
$390,000
Change: -4% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$355,000
Change: -13% · Conversion: Difficult
Blend value · Realmo final
$570k
Range $513k – $627k · ±10%
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
$171 / 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
$14,155
Tax year 2023
Assessed value
$32,673
Assessed 2023
Previous assessed
$32,673
+0.0% YoY
Effective rate
43.32%
On assessed value
Assessed land
$14,940
Assessed improvement
$17,733
Land market value
$249,000
Improvement market value
$295,544
Total market value
$544,544
Applied tax rate
5.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1985
Heating
CENTRAL
Bathrooms
1
Total area
3,336 SF
Lot
0.83 ac (36,155 SF)
Zoning code
CG
APN
001925-03-017
UPID
US77-0344292
Jurisdiction
LEXINGTON
Zoning & alternative use
CG · Irmo, SC
Zoning CG · permitted uses
CG · Irmo, SC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Irmo. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$410,000
MEDICAL BUILDING
Est. value
$710,000
AUTO REPAIR, GARAGE
Est. value
$405,000
COMMERCIAL (GENERAL)
Est. value
$390,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$355,000
OFFICE BUILDING Current
MEDICAL BUILDING
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
NEIGHBORHOOD: SHOPPING CENTER
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
1985
Heating
CENTRAL
Bathrooms
1
Lot
0.83 ac
Current owner
From public records · entity-resolved
Fort Holdings Irmo LLC
Entity
Mailing address
3373 KENNERLY RD, IRMO, SC 29063-8508
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 5, 2018
$495,000
Fort Holdings Irmo LLC
Russell Jeffcoat Enterprises LLC
Limited Warranty Deed
$400,000 · Crescom Bank
Oct 16, 2002
$1,000
Branch Banking & Trust Co
—
Grant Deed
related
—
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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