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Property profile & analytics
OFF-MARKET
Strip malls
1240 Central Ave Summerville, SC 29483-3148
Entity Owned
17-yr Hold
~
Est. High Equity
Property ID
US77-1286396
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1992
Total area
3,500 SF
Lot
0.96 ac (41,953 SF)
Zoning code
CN_DC
APN
136-07-05-011
UPID
US77-1286396
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
-
God's Green Acre Natural Foods (Bike/Boat/Book/etc) Store Pharmacy
-
Aesthetics Academy of Charleston Training Center Tutoring Service
-
Fuzzy Peach Wax studio Spa & Massage Center Skin Care Clinic
-
Healthworks Alternative Medicine Practice
-
Belle System Charleston Spa & Massage Center Alternative Medicine Practice
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Copabrez INC · 17 yrs held
Copabrez INC
since 2009
3 recorded transactions
Zoning & alternative use
CN_DC · Summerville, 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 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$12,929
Tax year 2023
Assessed value
$19,277
Assessed 2023
Previous assessed
$34,051
-43.4% YoY
Effective rate
67.07%
On assessed value
Assessed land
$12,586
Assessed improvement
$6,691
Land market value
$209,765
Improvement market value
$111,515
Total market value
$321,280
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1992
Heating
NONE
Cooling
NONE
Buildings
2
Stories
1
Total area
3,500 SF
Lot
0.96 ac (41,953 SF)
Zoning code
CN_DC
APN
136-07-05-011
UPID
US77-1286396
Jurisdiction
DORCHESTER
Zoning & alternative use
CN_DC · Summerville, SC
Zoning CN_DC · permitted uses
CN_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.
Building & site characteristics
From public records
Year built
1992
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Lot
0.96 ac
Current owner
From public records · entity-resolved
Copabrez INC
Entity
Mailing address
1244 CENTRAL AVEB, SUMMERVILLE, SC 29483-3148
Ownership since
2009
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 28, 2025
—
Otiorum LLC
—
Deed
related
$810,000 · Copabrez INC
Jul 20, 2009
$500,000
Copabrez INC
Messervy,marian C
Grant Deed
$100,000 · First National Bank Sc
—
—
Copabrez INC
—
Deed Of Trust
related
$400,000 · First Nat'l Bk/sc
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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