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Property profile & analytics
OFF-MARKET
Estimated value
$30,580,000
Retail space
1551 Hwy 17 Mount Pleasant, SC 29464
Entity Owned
15-yr Hold
~
Est. High Equity
Property ID
US77-2978849
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1977
Total area
87,543 SF
Lot
8.6 ac (374,616 SF)
APN
559-13-00-041
UPID
US77-2978849
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
$30.58M
Blend (final)
Blend
$30.58M
Owner & transaction history
Bowman Mtp Land LLC · 15 yrs held
Bowman Mtp Land LLC
since 2011
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$46.5M
+54.6%
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
RETAIL STORES
$30,075,000
Current use
OFFICE BUILDING
$46,490,000
Change: +55% · Conversion: Easy
Blend value · Realmo final
$30.58M
Range $27.52M – $33.64M · ±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
$349 / 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
$266,874
Tax year 2023
Assessed value
$1,072,510
Assessed 2023
Previous assessed
$1,072,510
+0.0% YoY
Effective rate
24.88%
On assessed value
Land market value
$2,679,225
Improvement market value
$19,539,575
Total market value
$22,218,800
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1977
Heating
HEAT PUMP
Cooling
YES
Stories
1
Total area
87,543 SF
Lot
8.6 ac (374,616 SF)
APN
559-13-00-041
UPID
US77-2978849
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
RETAIL STORES Current
Est. value
$30.1M
OFFICE BUILDING
Est. value
$46.5M
RETAIL STORES Current
OFFICE BUILDING
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
1977
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Lot
8.6 ac
Current owner
From public records · entity-resolved
Bowman Mtp Land LLC
Entity
Mailing address
234 7TH FARMS DR STE #300, DANIEL ISLAND, SC 29492-7101
Ownership since
2011
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
Mar 2, 2026
—
Bowman Mtp Center LLC
—
Deed
related
$19,965,000 · Webster Bank
Oct 27, 2014
—
Bowman Mtp Center LLC
—
Grant Deed
related
$21,500,000 · Webster Bk NA
Jan 28, 2011
$4,460,000
Bowman Mtp Land LLC
Transwestern Mount Pleasant Ll
Grant Deed
$3,000,000 · Nbsc
Mar 16, 2007
—
Baker Developers
Baker & Baker
Quit Claim Deed
related
—
Mar 16, 2007
$13,800,000
Transwestern Mount Pleasant Ll
Baker & Baker R/e Developers L
Grant Deed
—
—
—
Bowman Mtp Center LLC
—
Deed Of Trust
related
$13,000,000 · Webster Bk NA
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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