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Property profile & analytics
OFF-MARKET
Estimated value
$1,500,000
Medical Office Space
1675 Main St Summerville, SC 29486-7847
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US77-2998232
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Total area
5,532 SF
Lot
0.84 ac (36,590 SF)
Zoning code
BERKELEY COUNTY - OIGC
APN
221-16-01-008
UPID
US77-2998232
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
-
Management Recruiters Employment Agency
-
Etheride Jon L DC Alternative Medicine Practice
-
Health Choice Urgent Care Physician
-
JANA MATTHEWS CHINNERS Pediatrician Physician
-
Dr. David Wright Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.73M
CAP Approach
CAP
$1.11M
Comparable Approach
Comparable
$1.82M
Blend (final)
Blend
$1.50M
Owner & transaction history
208 E 116 St LLC · 5 yrs held
208 E 116 St LLC
since 2020
Last sale
$1.5M
3 recorded transactions
Zoning & alternative use
BERKELEY COUNTY - OIGC · Summerville, SC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$2.1M
+35.0%
Commercial (general)
$1.8M
+18.2%
Neighborhood: shopping center
$1.6M
+1.0%
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 Summerville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Summerville 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
$1,780,000
ML approach
$1,725,000
CAP Approach
CAP Return
Estimation
6%
$1,195,000
6.5%
$1,105,000
7%
$1,025,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$1,555,000
Current use
RESTAURANT
$2,100,000
Change: +35% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,835,000
Change: +18% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$1,570,000
Change: +1% · Conversion: Difficult
OFFICE BUILDING
$1,480,000
Change: -5% · Conversion: Easy
Blend value · Realmo final
$1.50M
Range $1.35M – $1.65M · ±10% · vs last sale $1.50M (Oct 6 2020)
Last sale anchor
$1.50M
Oct 6 2020
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
$271 / 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
$30,133
Tax year 2022
Assessed value
$91,788
Assessed 2022
Previous assessed
$91,788
+0.0% YoY
Effective rate
32.83%
On assessed value
Assessed land
$50,400
Assessed improvement
$41,388
Land market value
$840,000
Improvement market value
$689,800
Total market value
$1,529,800
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Heating
NONE
Stories
1
Total area
5,532 SF
Lot
0.84 ac (36,590 SF)
Zoning code
BERKELEY COUNTY - OIGC
APN
221-16-01-008
UPID
US77-2998232
Jurisdiction
BERKELEY
Zoning & alternative use
BERKELEY COUNTY - OIGC · Summerville, SC
Zoning BERKELEY COUNTY - OIGC · permitted uses
BERKELEY COUNTY - OIGC · Summerville, SC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Summerville. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$1.6M
RESTAURANT
Est. value
$2.1M
COMMERCIAL (GENERAL)
Est. value
$1.8M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.6M
OFFICE BUILDING
Est. value
$1.5M
MEDICAL BUILDING Current
RESTAURANT
COMMERCIAL (GENERAL)
NEIGHBORHOOD: SHOPPING CENTER
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
Heating
NONE
Stories
1
Lot
0.84 ac
Current owner
From public records · entity-resolved
208 E 116 St LLC
Entity
Mailing address
1675 N MAIN ST, SUMMERVILLE, SC 29486-7847
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 6, 2020
$1,500,000
208 E 116 St LLC
Imagine The Possibilities LLC
Deed
$661,700 · United Community Bank
Oct 23, 2006
$925,000
Imagine The Possibilities LLC
Pope,anthony H
Grant Deed
$925,000 · Rbc Centura Bank
Jul 31, 2006
—
Anthony H Etheridge
Pe Investment Properties LLC
Grant Deed
—
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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