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Property profile & analytics
OFF-MARKET
Estimated value
$700,000
Manufacturing properties
116 Lamplight Cir Summerville, SC 29483-8138
Individually Owned
7-yr Hold
~
Est. High Equity
Property ID
US77-1180922
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
2009
Construction
METAL FRAME
Total area
6,050 SF
Lot
3.9 ac (169,884 SF)
Zoning code
MUC_DC
APN
121-00-00-321
UPID
US77-1180922
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
-
Horizon Landscapes Landscaping General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$787k
Blend (final)
Blend
$700k
Owner & transaction history
Horizon-thorpe Prop Of Charles · 7 yrs held
Horizon-thorpe Prop Of Charles
since 2019
5 recorded transactions
Zoning & alternative use
MUC_DC · Summerville, SC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$740,000
+27.5%
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 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$580,000
Current use
WAREHOUSE, STORAGE
$740,000
Change: +27% · Conversion: Easy
Blend value · Realmo final
$700k
Range $630k – $770k · ±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
$116 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$122
Tax year 2022
Assessed value
$31,242
Assessed 2023
Previous assessed
$31,242
+0.0% YoY
Effective rate
0.39%
On assessed value
Assessed land
$13,058
Assessed improvement
$18,184
Land market value
$217,634
Improvement market value
$303,071
Total market value
$520,705
Applied tax rate
200.0000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
2009
Construction
METAL FRAME
Heating
NONE
Cooling
NONE
Stories
1
Total area
6,050 SF
Lot
3.9 ac (169,884 SF)
Zoning code
MUC_DC
APN
121-00-00-321
UPID
US77-1180922
Jurisdiction
DORCHESTER
Zoning & alternative use
MUC_DC · Summerville, SC
Zoning MUC_DC · permitted uses
MUC_DC · 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.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$580,000
WAREHOUSE, STORAGE
Est. value
$740,000
INDUSTRIAL (GENERAL) Current
WAREHOUSE, STORAGE
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
2009
Construction
METAL FRAME
Heating
NONE
Cooling
Yes
Stories
1
Lot
3.9 ac
Current owner
From public records · entity-resolved
Horizon-thorpe Prop Of Charles
Individual
Mailing address
1605 CENTRAL AVE STE #6, SUMMERVILLE, SC 29483-9386
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2019
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
Jun 7, 2019
$520,000
Horizon-thorpe Prop Of Charles
Signorile,louis
Grant Deed
$416,000 · Heritage Tr FCU
May 31, 2016
$360,000
Louis Signorile
Tidelands Bk
Grant Deed
$288,000 · Tidelands Bk
Sep 10, 2012
$340,000
Tidelands Bk
Master Of Equity/dorchester Cnty
Trustees Deed
related
—
Sep 16, 2009
$133,000
Smp Investments LLC
Paragon Site Work Constructors
Grant Deed
$335,000 · Tidelands Bank
Feb 8, 2006
$100,000
Paragon Site Work Constructors
Ingalsbe,jeffrey & Gail
Grant Deed
$118,000 · Tidelands Bk
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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