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Property profile & analytics
OFF-MARKET
Estimated value
$7,430,000
Distribution centers
1116 Business Park Rd Summerville, SC 29483-7425
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US77-0967293
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
2006
Total area
746,000 SF
Lot
49.64 ac (2,162,318 SF)
Zoning code
BERKELEY COUNTY - HI
APN
207-00-01-026
UPID
US77-0967293
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
-
Fruit of the Loom Inc Distribution Center Logistics Company
-
Palmetto Distribution Distribution Center Logistics Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$7.43M
Owner & transaction history
Gvii Lrc Fol Owner LLC · 1 yrs held
Gvii Lrc Fol Owner LLC
since 2024
5 recorded transactions
Zoning & alternative use
BERKELEY COUNTY - HI · Summerville, 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 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$10 / 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
$24,138
Tax year 2023
Assessed value
$100,658
Assessed 2023
Previous assessed
$100,658
+0.0% YoY
Effective rate
23.98%
On assessed value
Assessed land
$10,619
Assessed improvement
$90,039
Land market value
$9,838,900
Improvement market value
$83,422,100
Total market value
$93,261,000
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
Off-Market
Year built
2006
Heating
NONE
Total area
746,000 SF
Lot
49.64 ac (2,162,318 SF)
Zoning code
BERKELEY COUNTY - HI
APN
207-00-01-026
UPID
US77-0967293
Jurisdiction
BERKELEY
Zoning & alternative use
BERKELEY COUNTY - HI · Summerville, SC
Zoning BERKELEY COUNTY - HI · permitted uses
BERKELEY COUNTY - HI · 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.
Building & site characteristics
From public records
Year built
2006
Heating
NONE
Lot
49.64 ac
Current owner
From public records · entity-resolved
Gvii Lrc Fol Owner LLC
Entity
Mailing address
5 INTERNATIONAL DR STE #125, RYE BROOK, NY 10573-7017
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 21, 2024
—
Gvii Lrc Fol Owner LLC
Union Underwear Company INC
Deed
$52,750,000 · Tnam Us Seller II LLP
Aug 20, 2024
—
Gvii Lrc Fol Owner LLC
Union Underwear Company INC
Special Warranty Deed
—
Dec 28, 2016
$79,306
American Towers LLC
Charleston-north Charleston Ms
Grant Deed
—
Jan 11, 2005
—
Union Underwear Co INC
Summerville Land Corp
Grant Deed
related
—
Dec 30, 2002
—
Meadwestvaco Forestry LLC
—
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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