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Property profile & analytics
OFF-MARKET
Estimated value
$1,735,000
Distribution centers
1422 Business Park Rd Summerville, SC 29483
Entity Owned
1-yr Hold
Free & Clear
Property ID
US77-0124989
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
2022
Total area
19,646 SF
Lot
11.5 ac (500,940 SF)
Zoning code
BERKELEY COUNTY - HI
APN
220-00-02-055
UPID
US77-0124989
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
$1.74M
Comparable Approach
Comparable
$1.97M
Blend (final)
Blend
$1.74M
Owner & transaction history
Verde Outdoor Se LLC · 1 yrs held
Verde Outdoor Se LLC
since 2024
7 recorded transactions
Zoning & alternative use
BERKELEY COUNTY - HI · 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,885,000
6.5%
$1,740,000
7%
$1,615,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$2,395,000
Current use
Blend value · Realmo final
$1.74M
Range $1.56M – $1.91M · ±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
$88 / 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
$64,429
Tax year 2023
Assessed value
$265,443
Assessed 2023
Previous assessed
$265,443
+0.0% YoY
Effective rate
24.27%
On assessed value
Assessed land
$76,403
Assessed improvement
$189,040
Land market value
$1,455,000
Improvement market value
$3,600,000
Total market value
$5,055,000
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
Off-Market
Year built
2022
Heating
NONE
Buildings
2
Total area
19,646 SF
Lot
11.5 ac (500,940 SF)
Zoning code
BERKELEY COUNTY - HI
APN
220-00-02-055
UPID
US77-0124989
Jurisdiction
BERKELEY
Zoning & alternative use
BERKELEY COUNTY - HI · Summerville, SC
Zoning BERKELEY COUNTY - HI · permitted uses
BERKELEY COUNTY - HI · 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.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$2.4M
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
2022
Heating
NONE
Buildings
2
Lot
11.5 ac
Current owner
From public records · entity-resolved
Verde Outdoor Se LLC
Entity
Free & Clear · 1 yrs held
Mailing address
1720 W RIO SALADO PKWY, TEMPE, AZ 85281-6590
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 10, 2024
—
Verde Outdoor Se LLC
Key Land Development LLC
Lease
—
Jan 6, 2023
—
Cheryl Smoak Helmey
Keith S Fox
Intrafamily Transfer
related
—
Jul 10, 2019
$794,419
Key Land Dev LLC
Portside Investment Group LLC
Grant Deed
—
Jan 28, 2016
$6,953,475
Sre Tkc Charleston Land LLC
Hlit IV Sc-1 LP
Grant Deed
—
Oct 15, 2012
—
Hlit IV Sc-1 LP
—
Loan Modification
related
$30,905,000 · Wells Fargo Bk
Sep 22, 2010
—
Hlit IV Sc-1 LP
—
Loan Modification
related
$30,905,000 · Wells Fargo Bk
Sep 1, 2010
—
Berkeley Electric Cooperative
Hlit IV Sc-1 LP
Grant Deed
related
—
Aug 13, 2010
—
Hlit IV Sc-1 LP
—
Loan Modification
related
$30,905,000 · Wells Fargo Bk
Apr 12, 2010
—
Tolman Salisbury Family LP
Hlit IV Sc-1 LP
Grant Deed
related
—
Sep 4, 2009
—
Tolman Salisbury Family
Hlit IV Sc-1
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.
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