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Property profile & analytics
OFF-MARKET
Estimated value
$1,525,000
Warehouses
11871 Ocean Hwy, Pawleys Island, SC 29585-5448
Individually Owned
13-yr Hold
Absentee Owner
Free & Clear
Property ID
US77-0750735
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2014
Construction
METAL FRAME
Total area
22,200 SF
Lot
3.1 ac (135,036 SF)
APN
04-0147-037-01-00
UPID
US77-0750735
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
by Request
Comparable Approach
Comparable
$1.63M
Blend (final)
Blend
$1.53M
Owner & transaction history
Britt E Ware · 13 yrs held
Britt E Ware
since 2012
7 recorded transactions
Zoning & alternative use
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 Pawleys Island submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pawleys Island 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
WAREHOUSE, STORAGE
$1,175,000
Current use
Blend value · Realmo final
$1.53M
Range $1.37M – $1.68M · ±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
$69 / 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
$14,335
Tax year 2023
Assessed value
$58,560
Assessed 2023
Previous assessed
$58,560
+0.0% YoY
Effective rate
24.48%
On assessed value
Assessed land
$15,000
Assessed improvement
$43,560
Land market value
$250,000
Improvement market value
$726,000
Total market value
$976,000
Applied tax rate
4.0000
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
2014
Construction
METAL FRAME
Heating
NONE
Buildings
2
Stories
1
Bathrooms
1
Total area
22,200 SF
Lot
3.1 ac (135,036 SF)
APN
04-0147-037-01-00
UPID
US77-0750735
Jurisdiction
GEORGETOWN
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
$1.2M
WAREHOUSE, STORAGE 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
2014
Construction
METAL FRAME
Heating
NONE
Stories
1
Buildings
2
Bathrooms
1
Lot
3.1 ac
Current owner
From public records · entity-resolved
Britt E Ware
Individual
Free & Clear · 13 yrs held
Mailing address
680 EDEN AVE, MURRELLS INLET, SC 29576-6108
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 18, 2019
—
Cotton South Associates LLC
—
Deed
related
$4,000,000 · Coastal Carolina National Bank
Jun 9, 2016
—
Cotton South Associates LLC
—
Deed
related
$1,250,000 · Coastal Carolina Nat'l Bk
Oct 19, 2012
$311,000
Britt E Ware
711 Partners LLC
Grant Deed
—
Oct 19, 2012
—
Britt E Ware
—
Trustees Deed
related
$800,000 · Coastal Carolina National Bank
Jan 26, 2004
$310,000
711 Ptrs LLC
—
Grant Deed
related
—
Sep 27, 2001
$169,000
Jean Plummer
—
Grant Deed
related
—
—
—
Cotton South Associates LLC
—
Deed Of Trust
related
$1,250,000 · Coastal Carolina Nat'l Bk
—
—
Cotton South Associates LLC
—
Loan Modification
related
$1,087,560 · Coastal Carolina Nat'l Bk
—
—
Cotton South Associates LLC
—
Deed Of Trust
related
$65,150 · Coastal Carolina Nat'l Bk
—
—
Britt E Ware
—
Loan Modification
related
$1,087,560 · Coastal Carolina National Bank
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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