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Property profile & analytics
OFF-MARKET
Estimated value
$505,000
Investment properties
1490 Simpson Crk Dr Loris, SC 29569
Individually Owned
24-yr Hold
Property ID
US77-0555337
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
2000
Construction
STEEL FRAME
Total area
2,352 SF
Lot
3.16 ac (137,650 SF)
Zoning code
FA
APN
213-05-04-0003
UPID
US77-0555337
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
$530k
CAP Approach
CAP
$460k
Comparable Approach
Comparable
$703k
Blend (final)
Blend
$505k
Owner & transaction history
Cox,tommy N & Christina
Cox,tommy N & Christina
4 recorded transactions
Zoning & alternative use
FA · Loris, 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 Loris submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Loris 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
$530,000
CAP Approach
CAP Return
Estimation
6%
$495,000
6.5%
$460,000
7%
$425,000
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$745,000
Change: -18% · Conversion: Difficult
Blend value · Realmo final
$505k
Range $455k – $556k · ±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
$215 / 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
$1,001
Tax year 2023
Assessed value
$7,546
Assessed 2023
Effective rate
13.27%
On assessed value
Assessed land
$2,490
Assessed improvement
$5,056
Land market value
$63,280
Improvement market value
$183,700
Total market value
$246,980
Applied tax rate
260.0000
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
2000
Construction
STEEL FRAME
Heating
SOLAR
Cooling
CENTRAL
Total area
2,352 SF
Lot
3.16 ac (137,650 SF)
Zoning code
FA
APN
213-05-04-0003
UPID
US77-0555337
Jurisdiction
HORRY
Zoning & alternative use
FA · Loris, SC
Zoning FA · permitted uses
FA · Loris, SC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Loris. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE
Est. value
$745,000
AUTO REPAIR, GARAGE
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
2000
Construction
STEEL FRAME
Heating
SOLAR
Cooling
Yes
Lot
3.16 ac
Current owner
From public records · entity-resolved
Cox,tommy N & Christina
Individual
Mailing address
1490 LAWNDALE DR, LORIS, SC 29569-5908
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
—
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
—
—
Cox,tommy N & Christina
—
Deed Of Trust
related
$25,000 · Coastal Fed'l Bk
—
—
Cox,tommy N & Christina
—
Deed Of Trust
related
$206,000 · Taylor Bean & Whitaker Mtg
—
—
Cox,tommy N & Christina S
—
Deed Of Trust
related
$144,000 · Coastal Fed'l Bk
—
—
Cox,tommy N & Christina
—
Deed Of Trust
related
$50,726 · Anderson Brothers Bk
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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