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Property profile & analytics
OFF-MARKET
Estimated value
$14,000,000
Banks
1212 16th Ave Conway, SC 29526-3400
Entity Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US77-2066795
Property profile
Verified
Property type
Banks
Use group
FINANCIAL BUILDING
Year built
1969
Construction
CONCRETE
Total area
4,038 SF
Lot
0.52 ac (22,651 SF)
Zoning code
HC
APN
338-11-01-0055
UPID
US77-2066795
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
$14.00M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$14.00M
Owner & transaction history
Rp Coastal Centre LLC · 1 yrs held
Rp Coastal Centre LLC
since 2024
Last sale
$14.0M
4 recorded transactions
Zoning & alternative use
HC · Conway, 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 Conway submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Conway 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
$14,000,000
ML approach
$14,000,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$14.00M
Range $12.60M – $15.40M · ±10% · vs last sale $14.00M (Oct 28 2024)
Last sale anchor
$14.00M
Oct 28 2024
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
$3,467 / 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
$7,203
Tax year 2023
Assessed value
$26,478
Assessed 2023
Effective rate
27.20%
On assessed value
Assessed land
$9,514
Assessed improvement
$16,964
Land market value
$158,560
Improvement market value
$389,100
Total market value
$547,660
Applied tax rate
110.0000
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
Banks
Use group
FINANCIAL BUILDING
Status
Off-Market
Year built
1969
Construction
CONCRETE
Heating
SOLAR
Cooling
CENTRAL
Stories
3
Total area
4,038 SF
Lot
0.52 ac (22,651 SF)
Zoning code
HC
APN
338-11-01-0055
UPID
US77-2066795
Jurisdiction
HORRY
Zoning & alternative use
HC · Conway, SC
Zoning HC · permitted uses
HC · Conway, SC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Conway. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1969
Construction
CONCRETE
Heating
SOLAR
Cooling
Yes
Stories
3
Lot
0.52 ac
Current owner
From public records · entity-resolved
Rp Coastal Centre LLC
Entity
Free & Clear · 1 yrs held
Mailing address
7850 NW 146TH ST, MIAMI LAKES, FL 33016-1564
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 28, 2024
$14,000,000
Rp Coastal Centre LLC
Gator Coastal Shopping Centre LLC
Warranty Deed
—
Jul 8, 2016
—
Southeast Restaurants Corp
—
Grant Deed
related
$8,300,000 · Suntrust Bk
Dec 11, 2012
—
Gator Coastal Shopping Centre
—
Grant Deed
related
$8,000,000 · Branch Bk&tr
Feb 28, 2005
$3,200,000
Gator Coastal Shopping Centre
Coastal Centre 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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