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Property profile & analytics
FOR LEASE
Grocery and convenience stores
162 Seven Farms Dr, Charleston, SC 29492
Entity Owned
10-yr Hold
Free & Clear
Property ID
US77-0376348
For Lease
$5,700,000
162 Seven Farms Dr, Charleston, SC 29492
View Listing →
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
2002
Total area
30,014 SF
Lot
5.07 ac (220,849 SF)
Zoning code
CHARLESTON - DI-TC
APN
275-00-00-158
UPID
US77-0376348
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
-
Crunchy Data (Bike/Boat/Book/etc) Store Corporate Office
-
Citizens One Loan Service Bank
-
Touchpoint Search Employment Agency
-
Foti Law Firm, LLC. Law Firm
-
Publix Pharmacy
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$6.22M
Comparable Approach
Comparable
$5.44M
Blend (final)
Blend
$5.70M
Owner & transaction history
Real Sub LLC · 10 yrs held
Real Sub LLC
since 2016
4 recorded transactions
Zoning & alternative use
CHARLESTON - DI-TC · Daniel Island, SC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$9.5M
+39.7%
Neighborhood: shopping center
$8.5M
+25.3%
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 Charleston submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Charleston 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%
$6,735,000
6.5%
$6,220,000
7%
$5,775,000
Alternative Use
Use
Estimation
RETAIL STORES
$6,800,000
Current use
OFFICE BUILDING
$9,500,000
Change: +40% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$8,515,000
Change: +25% · Conversion: Moderate
Blend value · Realmo final
$5.70M
Range $5.13M – $6.27M · ±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
$190 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$253,827
Tax year 2022
Assessed value
$713,854
Assessed 2022
Previous assessed
$713,850
+0.0% YoY
Effective rate
35.56%
On assessed value
Assessed land
$111,111
Assessed improvement
$602,743
Land market value
$2,321,100
Improvement market value
$12,591,300
Total market value
$14,912,400
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
For Lease
Year built
2002
Heating
NONE
Buildings
5
Total area
30,014 SF
Lot
5.07 ac (220,849 SF)
Zoning code
CHARLESTON - DI-TC
APN
275-00-00-158
UPID
US77-0376348
Jurisdiction
BERKELEY
Zoning & alternative use
CHARLESTON - DI-TC · Daniel Island, SC
Zoning CHARLESTON - DI-TC · permitted uses
CHARLESTON - DI-TC · Daniel Island, SC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Daniel Island. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$6.8M
OFFICE BUILDING
Est. value
$9.5M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$8.5M
RETAIL STORES Current
OFFICE BUILDING
NEIGHBORHOOD: SHOPPING CENTER
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
2002
Heating
NONE
Buildings
5
Lot
5.07 ac
Current owner
From public records · entity-resolved
Real Sub LLC
Entity
Free & Clear · 10 yrs held
Mailing address
PO BOX 32018, LAKELAND, FL 33802-2018
Ownership since
2016
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
Feb 12, 2016
$13,825,000
Real Sub LLC
Aetna Life Ins Co
Grant Deed
—
Sep 9, 2010
$8,500,000
Aetna Life Ins Co
Master-in-equity Of Berkeley Cnty
Trustees Deed
related
—
—
—
Ruby Apple I LLC
—
Deed Of Trust
related
$12,000 · Aetna Life Insurance & Annuity
—
—
Ruby Apple I LLC
—
Deed Of Trust
related
$4,500,000 · National Bank South Carolina
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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