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Property profile & analytics
FOR LEASE
Showrooms
608 Paris Ave Port Royal, SC 29935
Individually Owned
Free & Clear
Property ID
US77-1384854
For Lease
1 / 6
$4,500/Mo
608 Paris Ave, Port Royal, SC 29935
View Listing →
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1958
Total area
1,394 SF
Lot
54.29 ac (2,364,872 SF)
Zoning code
6611
APN
R113 010 000 0075 0000
UPID
US77-1384854
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
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Town Of Port Royal
Town Of Port Royal
since 2025
7 recorded transactions
Zoning & alternative use
6611 · Port Royal, 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 Port Royal submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Port Royal 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
$214,798
Tax year 2023
Assessed value
$728,890
Assessed 2023
Previous assessed
$477,700
+52.6% YoY
Effective rate
29.47%
On assessed value
Land market value
$13,572,500
Improvement market value
$35,300
Total market value
$13,607,800
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
For Lease
Year built
1958
Heating
NONE
Buildings
6
Total area
1,394 SF
Lot
54.29 ac (2,364,872 SF)
Zoning code
6611
APN
R113 010 000 0075 0000
UPID
US77-1384854
Jurisdiction
BEAUFORT
Zoning & alternative use
6611 · Port Royal, SCZoning 6611 · permitted uses
6611 · Port Royal, SC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1958
Heating
NONE
Buildings
6
Lot
54.29 ac
Current owner
From public records · entity-resolved
Town Of Port Royal
Individual
Free & Clear · 0 yrs held
Mailing address
PO BOX 9TH 9, PORT ROYAL, SC 29935-0009
Ownership since
2025
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
Oct 17, 2025
—
Town Of Port Royal
Shm Port Royal LLC
Deed
—
Jun 25, 2025
—
Shm Port Royal LLC
—
Deed
related
—
Apr 17, 2023
—
Town Of Port Royal
Shm Port Royal LLC
Limited Warranty Deed
—
Mar 23, 2022
—
Shm Port Royal LLC
Grey Ghost Properties LLC
Quit Claim Deed
related
—
Aug 11, 2021
—
Town Of Port Royal
Grey Ghost Properties LLC
Quit Claim Deed
related
—
Oct 29, 2019
$50,000
Port Royal Waterfront LLC
Grey Ghost Properties LLC
Grant Deed
—
May 2, 2018
$2,250,000
Progeny Corp
Grey Ghost Properties LLC
Grant Deed
—
Dec 22, 2017
$1,650,000
11th Street Investments LLC
Grey Ghost Properties LLC
Warranty Deed
$2,016,000 · Coastalstates Bank
Sep 20, 2017
$9,005,000
Grey Ghost Properties LLC
South Carolina Department Of Admn
Quit Claim Deed
related
$5,200,000 · Aff II Port Royal LLC
May 8, 2014
—
Caroina St Ports Authori South
Dockside INC Of Port Royal
Quit Claim 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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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