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1306 N Main St, Summerville, SC 29483
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Property summary
AI-generated overview
A 15,300-square-foot commercial space in downtown Summerville that is configured for restaurant use and has previously been operated as a Mellow Mushroom location. The building sits on approximately 1.3 acres at the entrance to the Azalea Square power center on the true corner of Main St. and Azalea Square, with street access via a full stoplight intersection. The site is positioned for high visibility from adjacent traffic corridors and is supported by on-site parking totaling 80 spaces, designed to accommodate customer access for dine-in service and related day-to-day restaurant operations.
Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Year built
1996
Total area
4,994 SF
Lot
1.3 ac (56,628 SF)
Zoning code
SUMMERVILLE - G-B
APN
232-00-01-008
UPID
US77-0229992
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$585k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$777k
Blend (final)
Blend
$680k
Owner & transaction history
since 2024
7 recorded transactions
Zoning & alternative use
SUMMERVILLE - G-B · Summerville, SC
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Sensitivity value band
Source audit · 6 inputs
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Summary
1
Valuation conclusion
Included free
Estimated market value
$680k
Value range
$612k – $748k
±10% around blend
Estimated value / SF
$136 / SF
Confidence
Property data
100
Market benchmarks
33
Comparable evidence
60
$612k
blend $680k
$748k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
4,994 SF
Lot area
1.3 ac
Year built
1996
Stories
1
APN
232-00-01-008
Zoning
SUMMERVILLE - G-B
Assessed value
$193,800
Annual tax
$59,257
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$777k
Range $359k – $777k
Evidence
6 found
Recent peer sales in this city
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$680k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
County 23 sales
$379
-64%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $136/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Market rates by use type
PDF export
Professional Plan · 30 reports
from $99/month
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Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$194k
Move the market yield to see immediate price impact.
Value / SF
$39
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$12k
$244k
$174k
$136k
$14k
$271k
$194k
$151k
$15k
$298k
$213k
$166k
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$59,257
Tax year 2022
Assessed value
$193,800
Assessed 2022
Previous assessed
$193,800
+0.0% YoY
Effective rate
30.58%
On assessed value
Assessed land
$85,800
Assessed improvement
$108,000
Land market value
$1,430,000
Improvement market value
$1,800,000
Total market value
$3,230,000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Status
For Lease
Year built
1996
Heating
NONE
Stories
1
Total area
4,994 SF
Lot
1.3 ac (56,628 SF)
Zoning code
SUMMERVILLE - G-B
APN
232-00-01-008
UPID
US77-0229992
Jurisdiction
BERKELEY
Zoning & alternative use
SUMMERVILLE - G-B · Summerville, SCZoning SUMMERVILLE - G-B · permitted uses
SUMMERVILLE - G-B · Summerville, SC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Building & site characteristics
From public records
Year built
1996
Heating
NONE
Stories
1
Lot
1.3 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
SUMMERVILLE - G-B
Jurisdiction
Summerville, SC
Recorded code
SUMMERVILLE - G-B
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for SUMMERVILLE - G-B in Summerville, SC.
What opens after registration
Zoning profile
2 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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