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Property profile & analytics
OFF-MARKET
Estimated value
$6,690,000
Hotels
1094 Chris Cir West Columbia, SC 29169-4722
Entity Owned
6-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US77-0273199
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1985
Total area
49,708 SF
Lot
2.69 ac (117,176 SF)
Zoning code
ID
APN
004597-03-002
UPID
US77-0273199
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
$7.85M
CAP Approach
CAP
$4.68M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$6.69M
Owner & transaction history
Welcome Group LLC · 6 yrs held
Welcome Group LLC
since 2020
Last sale
$6.6M
7 recorded transactions
Zoning & alternative use
ID · West Columbia, SC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$6.7M
+320.1%
Restaurant
$5.8M
+262.8%
Medical building
$5.3M
+233.2%
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
$7,800,000
ML approach
$7,845,000
CAP Approach
CAP Return
Estimation
6%
$5,070,000
6.5%
$4,680,000
7%
$4,345,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$6,665,000
Change: +320% · Conversion: Difficult
RESTAURANT
$5,755,000
Change: +263% · Conversion: Difficult
MEDICAL BUILDING
$5,285,000
Change: +233% · Conversion: Difficult
COMMERCIAL (GENERAL)
$4,780,000
Change: +201% · Conversion: Difficult
AUTO REPAIR, GARAGE
$4,210,000
Change: +165% · Conversion: Difficult
Blend value · Realmo final
$6.69M
Range $6.02M – $7.36M · ±10% · vs last sale $6.56M (Feb 28 2020)
Last sale anchor
$6.56M
Feb 28 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
$135 / 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
$95,247
Tax year 2023
Assessed value
$256,980
Assessed 2023
Previous assessed
$256,980
+0.0% YoY
Effective rate
37.06%
On assessed value
Assessed land
$36,085
Assessed improvement
$220,895
Land market value
$601,424
Improvement market value
$3,681,576
Total market value
$4,283,000
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
Hotels
Use group
HOTEL
Status
Off-Market
Year built
1985
Heating
FORCED AIR
Bathrooms
2
Total area
49,708 SF
Lot
2.69 ac (117,176 SF)
Zoning code
ID
APN
004597-03-002
UPID
US77-0273199
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
OFFICE BUILDING
Est. value
$6.7M
RESTAURANT
Est. value
$5.8M
MEDICAL BUILDING
Est. value
$5.3M
COMMERCIAL (GENERAL)
Est. value
$4.8M
AUTO REPAIR, GARAGE
Est. value
$4.2M
OFFICE BUILDING
RESTAURANT
MEDICAL BUILDING
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
1985
Heating
FORCED AIR
Bathrooms
2
Lot
2.69 ac
Current owner
From public records · entity-resolved
Welcome Group LLC
Entity
Mailing address
124 ROYAL WOODS RD, COLUMBIA, SC 29210-4464
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
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 28, 2020
$6,564,000
Welcome Group LLC
Hit Portfolio I Owner LLC
Grant Deed
$6,000,000 · Security Fed'l Bk
May 19, 2017
—
Hit Portfolio I Owner LLC
—
Deed
related
$805,000,000 · Deutsche Bk Ag/ny Branch
Mar 16, 2015
$6,000,000
Arc Hospitality Portfolio I Ow
W2007 Equity Inns Realty LLC
Grant Deed
—
Dec 13, 2007
—
W2007 Equity Inns Realty LLC
W2007 Equity Inns Partnership LP
Limited Warranty Deed
—
Jun 4, 1999
$26,000
Sc Dept Of Hwys
—
Grant Deed
related
—
—
—
W2007 Equity Inns Realty LLC
—
Deed Of Trust
related
$864,999,900 · German Am Cap
—
—
Hit Portfolio I Owner LLC
—
Deed Of Trust
related
$805,000,000 · Deutsche Bk Ag/ny Branch
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.
Try Rey
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