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Property profile & analytics
OFF-MARKET
Estimated value
$1,390,000
Turn key restaurants
1520 American Dr Florence, SC 29505-6072
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US77-0675484
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
2004
Total area
3,920 SF
Lot
1.01 ac (43,996 SF)
Zoning code
B3
APN
00179-01-069
UPID
US77-0675484
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
-
El Dos Agaves Mexican Grill Restaurant
-
Proactive MD Florence Health Center Medical Clinic
-
Holt & Associates: Holt Jack CPA Accounting Firm Tax Preparation
-
Anointed Touch Salon and Spa Hair Salon Nail Salon
-
Sade's Glam Bar Hair Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.23M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.49M
Blend (final)
Blend
$1.39M
Owner & transaction history
Fpg American LLC · 2 yrs held
Fpg American LLC
since 2023
Last sale
$1.5M
4 recorded transactions
Zoning & alternative use
B3 · Florence, 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 Florence submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Florence 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
$1,325,000
ML approach
$1,230,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.39M
Range $1.25M – $1.53M · ±10% · vs last sale $1.45M (Apr 2 2024)
Last sale anchor
$1.45M
Apr 2 2024
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
$355 / 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
$17,069
Tax year 2023
Assessed value
$31,895
Assessed 2023
Previous assessed
$31,895,036
-99.9% YoY
Effective rate
53.52%
On assessed value
Assessed land
$12,319
Assessed improvement
$19,576
Land market value
$307,965
Improvement market value
$489,411
Total market value
$797,376
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
2004
Heating
YES
Total area
3,920 SF
Lot
1.01 ac (43,996 SF)
Zoning code
B3
APN
00179-01-069
UPID
US77-0675484
Jurisdiction
FLORENCE
Zoning & alternative use
B3 · Florence, SC
Zoning B3 · permitted uses
B3 · Florence, SC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Florence. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2004
Heating
YES
Lot
1.01 ac
Current owner
From public records · entity-resolved
Fpg American LLC
Entity
Mailing address
8179 PINEVIEW CT, VILLA RICA, GA 30180-7657
Ownership since
2023
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
Nov 20, 2023
$1,450,000
Fpg American LLC
Pamplico Highway Development LLC
Deed
$1,611,713 · South State Bank NA
Sep 28, 2021
—
Pamplico Highway Development LLC
—
Deed
related
$786,000 · Carolina Bank & Trust Co
Jun 23, 2008
—
Pamplico Highway Dev LLC
—
Deed Of Trust
related
$1,216,133 · First Citizens Bank & Trust Co
—
—
Pamplico Highway Dev LLC
—
Deed Of Trust
related
$1,303,413 · Williamsburg First Nat'l Bank
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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