New search
Property profile & analytics
OFF-MARKET
Estimated value
$76,770,000
Distribution centers
1156 Br Way, Moncks Corner, SC 29461-5220
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US77-2860858
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
2020
Total area
615,000 SF
Lot
85.05 ac (3,704,778 SF)
APN
162-00-01-069
UPID
US77-2860858
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
$54.42M
Comparable Approach
Comparable
$92.45M
Blend (final)
Blend
$76.77M
Owner & transaction history
Otc Apartments I LP · 4 yrs held
Otc Apartments I LP
since 2021
Last sale
$79.3M
2 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$116.1M
+78.8%
Auto repair, garage
$106.4M
+63.8%
Commercial (general)
$105.5M
+62.5%
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 Moncks Corner submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Moncks Corner 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
$78,495,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$58,950,000
6.5%
$54,415,000
7%
$50,530,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$64,925,000
Current use
OFFICE BUILDING
$116,105,000
Change: +79% · Conversion: Difficult
AUTO REPAIR, GARAGE
$106,360,000
Change: +64% · Conversion: Easy
COMMERCIAL (GENERAL)
$105,520,000
Change: +63% · Conversion: Difficult
RETAIL STORES
$62,500,000
Change: -4% · Conversion: Moderate
Blend value · Realmo final
$76.77M
Range $69.09M – $84.45M · ±10% · vs last sale $79.25M (Oct 8 2021)
Last sale anchor
$79.25M
Oct 8 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
$125 / 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
$27,252
Tax year 2023
Assessed value
$5,415,438
Assessed 2023
Previous assessed
$4,709,076
+15.0% YoY
Effective rate
0.50%
On assessed value
Assessed land
$450,855
Assessed improvement
$4,964,583
Land market value
$7,518,400
Improvement market value
$82,788,800
Total market value
$90,307,200
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
2020
Heating
NONE
Total area
615,000 SF
Lot
85.05 ac (3,704,778 SF)
APN
162-00-01-069
UPID
US77-2860858
Jurisdiction
BERKELEY
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$64.9M
OFFICE BUILDING
Est. value
$116.1M
AUTO REPAIR, GARAGE
Est. value
$106.4M
COMMERCIAL (GENERAL)
Est. value
$105.5M
RETAIL STORES
Est. value
$62.5M
WAREHOUSE, STORAGE Current
OFFICE BUILDING
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
RETAIL STORES
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
2020
Heating
NONE
Lot
85.05 ac
Current owner
From public records · entity-resolved
Otc Apartments I LP
Entity
Mailing address
2900 LINDEN LN STE #300, SILVER SPRING, MD 20910-1265
Mailing matches property
Yes
Owner-occupied
Yes
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
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 8, 2021
$79,250,000
Otc Apartments I LP
West Branch Commerce Park I LLC
Limited Warranty Deed
$52,500,000 · Equitrust Life Insurance Company
Oct 31, 2019
—
West Branch Commerce Park I LLC
Zz Real Estate LLC
Limited Warranty Deed
—
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1156 Br Way?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
