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Property profile & analytics
OFF-MARKET
Estimated value
$625,000
Warehouses
165 Hwy 905 Conway, SC 29526-6801
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US77-1998606
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1980
Total area
1,722 SF
Lot
0.5 ac (21,780 SF)
Zoning code
FA
APN
339-16-04-0002
UPID
US77-1998606
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
$820k
CAP Approach
CAP
$415k
Comparable Approach
Comparable
$523k
Blend (final)
Blend
$625k
Owner & transaction history
Rowana Holdings LLC · 3 yrs held
Rowana Holdings LLC
since 2023
Last sale
$610,000
5 recorded transactions
Zoning & alternative use
FA · Conway, SC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$855,000
+133.3%
Auto repair, garage
$545,000
+48.5%
Medical building
$520,000
+41.5%
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 Conway submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Conway 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
$760,000
ML approach
$820,000
CAP Approach
CAP Return
Estimation
6%
$445,000
6.5%
$415,000
7%
$385,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$855,000
Change: +133% · Conversion: Difficult
AUTO REPAIR, GARAGE
$545,000
Change: +49% · Conversion: Easy
MEDICAL BUILDING
$520,000
Change: +42% · Conversion: Difficult
Blend value · Realmo final
$625k
Range $563k – $688k · ±10% · vs last sale $610k (Mar 17 2023)
Last sale anchor
$610k
Mar 17 2023
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
$363 / 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
$3,607
Tax year 2023
Assessed value
$13,262
Assessed 2023
Effective rate
27.20%
On assessed value
Assessed land
$2,700
Assessed improvement
$10,562
Land market value
$45,000
Improvement market value
$247,900
Total market value
$292,900
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1980
Heating
NONE
Buildings
3
Total area
1,722 SF
Lot
0.5 ac (21,780 SF)
Zoning code
FA
APN
339-16-04-0002
UPID
US77-1998606
Jurisdiction
HORRY
Zoning & alternative use
FA · Conway, SC
Zoning FA · permitted uses
FA · Conway, SC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Conway. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$855,000
AUTO REPAIR, GARAGE
Est. value
$545,000
MEDICAL BUILDING
Est. value
$520,000
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
MEDICAL 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
1980
Heating
NONE
Buildings
3
Lot
0.5 ac
Current owner
From public records · entity-resolved
Rowana Holdings LLC
Entity
Mailing address
PO BOX 826, CONWAY, SC 29528-0826
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 10, 2025
—
Rowana Holdings LLC
—
Deed
related
$820,000 · Pinnacle Bank
Mar 17, 2023
$610,000
Rowana Holdings LLC
Soriano Holdings LLC
Warranty Deed
$625,000 · United Community Bank
Feb 15, 2019
—
Soriano Hldgs LLC
—
Deed
related
$66,000 · Us Small Busn Admn
Jul 30, 2014
$100,000
Soriano Holdings LLC
Horry County Rescue Squad
Grant Deed
related
—
—
—
Soriano Hldgs LLC
—
Deed Of Trust
related
$66,000 · Us Small Busn Admn
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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