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Property profile & analytics
OFF-MARKET
Estimated value
$12,740,000
Warehouses
1514 Mathis Fry Rd 2507, Mount Pleasant, SC 29464-9760
Entity Owned
10-yr Hold
Free & Clear
Property ID
US77-0699081
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2005
Total area
58,026 SF
Lot
9.04 ac (393,782 SF)
APN
559-00-00-084
UPID
US77-0699081
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
-
Amplify 360 Film Production Television Studio
-
Solid Roots Counseling LLC Counselor
-
Sweetgrass Counseling Services Counselor Eating Disorder Treatment Center
-
MP Landscape Design Landscaping General Contractor
-
Arc Angel Electric Electrical Service General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$12.74M
Blend (final)
Blend
$12.74M
Owner & transaction history
Sovran Acquisition LP · 10 yrs held
Sovran Acquisition LP
since 2015
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$19.9M
+140.2%
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 Mount Pleasant submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mount Pleasant 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$8,300,000
Current use
RETAIL STORES
$19,935,000
Change: +140% · Conversion: Moderate
Blend value · Realmo final
$12.74M
Range $11.47M – $14.01M · ±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
$220 / 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
$172,758
Tax year 2023
Assessed value
$584,070
Assessed 2023
Previous assessed
$682,580
-14.4% YoY
Effective rate
29.58%
On assessed value
Land market value
$1,984,594
Improvement market value
$10,994,606
Total market value
$12,979,200
Applied tax rate
2.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
2005
Heating
HEAT PUMP
Stories
3
Total area
58,026 SF
Lot
9.04 ac (393,782 SF)
APN
559-00-00-084
UPID
US77-0699081
Jurisdiction
CHARLESTON
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$8.3M
RETAIL STORES
Est. value
$19.9M
WAREHOUSE, STORAGE Current
RETAIL STORES
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
2005
Heating
HEAT PUMP
Stories
3
Lot
9.04 ac
Current owner
From public records · entity-resolved
Sovran Acquisition LP
Entity
Free & Clear · 10 yrs held
Mailing address
PO BOX 71870, SALT LAKE CITY, UT 84171-0870
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 2, 2015
$12,730,000
Sovran Acquisition LP
Mathis Ferry Self-storage II
Grant Deed
—
Sep 2, 2015
—
Sovran Acquisition LP
Mathis Ferry Self-storage II
Quit Claim Deed
related
—
Nov 26, 2012
$3,888,700
Albert R Heyward III
Mt Pleasant Storage & Office C
Grant Deed
—
Nov 26, 2012
$3,908,240
Ferry Self-storage Mathis II
Boyd,darnall W
Grant Deed
$18,300,000 · Cantor Commercial Real Estate
Oct 24, 2003
$525,000
Pleasant Storage Mt
—
Grant Deed
related
—
—
—
Mt Pleasant Storage & Office C
—
Deed Of Trust
related
$5,416,977 · Bank Of America
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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