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Property profile & analytics
OFF-MARKET
Estimated value
$2,205,000
Turn key restaurants
1171 Clements Fry Rd, Wando, SC 29492-7887
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US77-1453048
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
2016
Total area
6,060 SF
Lot
1.55 ac (67,518 SF)
Zoning code
BERKELEY COUNTY - GC
APN
263-00-03-012
UPID
US77-1453048
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
$2.13M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.68M
Blend (final)
Blend
$2.21M
Owner & transaction history
The Spinx Company LLC · 1 yrs held
The Spinx Company LLC
since 2024
Last sale
$2.3M
7 recorded transactions
Zoning & alternative use
BERKELEY COUNTY - GC · Wando, 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 Wando submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Wando 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
$2,100,000
ML approach
$2,125,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$3,455,000
Current use
Blend value · Realmo final
$2.21M
Range $1.98M – $2.43M · ±10% · vs last sale $2.30M (Jul 11 2023)
Last sale anchor
$2.30M
Jul 11 2023
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
$364 / 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
$15,588
Tax year 2022
Assessed value
$53,826
Assessed 2022
Previous assessed
$53,826
+0.0% YoY
Effective rate
28.96%
On assessed value
Assessed land
$18,414
Assessed improvement
$35,412
Land market value
$306,900
Improvement market value
$590,200
Total market value
$897,100
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
2016
Heating
NONE
Total area
6,060 SF
Lot
1.55 ac (67,518 SF)
Zoning code
BERKELEY COUNTY - GC
APN
263-00-03-012
UPID
US77-1453048
Jurisdiction
BERKELEY
Zoning & alternative use
BERKELEY COUNTY - GC · Wando, SC
Zoning BERKELEY COUNTY - GC · permitted uses
BERKELEY COUNTY - GC · Wando, SC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Wando. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT Current
Est. value
$3.5M
RESTAURANT Current
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
2016
Heating
NONE
Lot
1.55 ac
Current owner
From public records · entity-resolved
The Spinx Company LLC
Entity
Mailing address
3440 E HENRIETTA HARTFORD RD STE N, MT PLEASANT, SC 29466-6983
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
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 11, 2024
$2,600,000
The Spinx Company LLC
Cfg Group LLC
Deed
—
Jul 11, 2023
$2,299,000
Cfg Group LLC
Corsino Holdings LLC
Warranty Deed
—
Feb 14, 2017
—
Corsino Holdings LLC
—
Deed
related
$493,000 · Private Individual
Jul 21, 2016
—
Corsino Holdings LLC
—
Trustees Deed
related
$600,000 · First Citizens Bk
Jul 1, 2016
—
Corsino Holdings LLC
Corsino,vincent & Lorraine
Quit Claim Deed
related
—
Aug 24, 2015
$300,000
Vincent Corsino
Clyde D Mizzell
Deed
$225,000 · Southcoast Community Bank
Dec 2, 2009
—
Carl H Mizzell
Mizzell,clyde D
Quit Claim Deed
related
—
Jan 25, 2008
—
Clyde D Mizzell
Mizzell,vernell
Quit Claim Deed
related
—
Oct 24, 2005
$50,000
George M Fam
Mizzell,vernell G
Grant Deed
—
—
—
Corsino Holdings LLC
—
Deed Of Trust
related
$493,000 · Private Individual
—
—
Corsino Holdings LLC
—
Deed Of Trust
related
$493,000 · Private Individual
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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