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Property profile & analytics
OFF-MARKET
Super regional malls
1704 Old Trolley Rd Summerville, SC 29485-8942
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US77-3102853
Property profile
Verified
Property type
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Year built
2000
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
9,184 SF
Lot
2.02 ac (87,991 SF)
Zoning code
UCMX_SV
APN
161-04-07-018
UPID
US77-3102853
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
-
Venning Liquor on Trolley (Bike/Boat/Book/etc) Store Wine and Liquor Store
-
Beer Tobacco and Things (Bike/Boat/Book/etc) Store
-
Famulari's Pizzeria: Oakbrook Restaurant
-
Royalty Impressions Salon Hair Salon Nail Salon
-
Pagoda Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Trolley Road 2007 LLC · 8 yrs held
Trolley Road 2007 LLC
since 2018
3 recorded transactions
Zoning & alternative use
UCMX_SV · Summerville, 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 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$33,142
Tax year 2023
Assessed value
$69,465
Assessed 2023
Previous assessed
$69,465
+0.0% YoY
Effective rate
47.71%
On assessed value
Assessed land
$52,795
Assessed improvement
$16,670
Land market value
$879,910
Improvement market value
$277,839
Total market value
$1,157,749
Applied tax rate
271.0000
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
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Status
Off-Market
Year built
2000
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
NONE
Stories
1
Total area
9,184 SF
Lot
2.02 ac (87,991 SF)
Zoning code
UCMX_SV
APN
161-04-07-018
UPID
US77-3102853
Jurisdiction
DORCHESTER
Zoning & alternative use
UCMX_SV · Summerville, SCZoning UCMX_SV · permitted uses
UCMX_SV · Summerville, SC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2000
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
Yes
Stories
1
Lot
2.02 ac
Current owner
From public records · entity-resolved
Trolley Road 2007 LLC
Entity
Mailing address
816 CLEARVIEW DR, CHARLESTON, SC 29412-4511
Ownership since
2018
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
Mar 27, 2018
—
Trolley Road 2007 LLC
Dabit,abraham & Aida
Grant Deed
related
$650,000 · First Citizens Bk
Nov 8, 2007
$1,210,000
Dabit,abraham
Densmore,britt
Grant Deed
$980,000 · First Citizens Bk
—
—
Dabit,abraham & Aida
—
Loan Modification
related
$980,000 · First Citizens Bk
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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