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Property profile & analytics
OFF-MARKET
Estimated value
$925,000
Grocery and convenience stores
1724 State Rd Summerville, SC 29486-2754
Entity Owned
11-yr Hold
Absentee Owner
Free & Clear
Property ID
US77-0863408
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
2011
Total area
45,600 SF
Lot
13 ac (566,280 SF)
Zoning code
BERKELEY COUNTY - PD-MU
APN
195-00-00-069
UPID
US77-0863408
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
-
CresCom Bank Bank Loan Service
-
Tokyo Express Restaurant
-
Sarah Crickman, MD Pediatrician Physician
-
Amy C. Forren, DO Pediatrician Physician
-
Roper St. Francis Physician Partners - Primary Care Medical Group
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$8.13M
Comparable Approach
Comparable
$3.64M
Blend (final)
Blend
$925k
Owner & transaction history
Cb Outparcels LLC · 11 yrs held
Cb Outparcels LLC
since 2014
7 recorded transactions
Zoning & alternative use
BERKELEY COUNTY - PD-MU · Summerville, SC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$10.0M
+1.6%
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 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$8,810,000
6.5%
$8,130,000
7%
$7,550,000
Alternative Use
Use
Estimation
RETAIL STORES
$9,850,000
Current use
AUTO REPAIR, GARAGE
$10,005,000
Change: +2% · Conversion: Difficult
Blend value · Realmo final
$925k
Range $833k – $1.02M · ±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
$20 / 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
$224,455
Tax year 2022
Assessed value
$683,651
Assessed 2022
Previous assessed
$683,651
+0.0% YoY
Effective rate
32.83%
On assessed value
Assessed land
$208,455
Assessed improvement
$475,196
Land market value
$3,575,000
Improvement market value
$8,149,600
Total market value
$11,724,600
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
Off-Market
Year built
2011
Heating
NONE
Buildings
3
Stories
1
Total area
45,600 SF
Lot
13 ac (566,280 SF)
Zoning code
BERKELEY COUNTY - PD-MU
APN
195-00-00-069
UPID
US77-0863408
Jurisdiction
BERKELEY
Zoning & alternative use
BERKELEY COUNTY - PD-MU · Summerville, SCZoning BERKELEY COUNTY - PD-MU · permitted uses
BERKELEY COUNTY - PD-MU · Summerville, SC
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
$9.9M
AUTO REPAIR, GARAGE
Est. value
$10.0M
RETAIL STORES Current
AUTO REPAIR, GARAGE
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
2011
Heating
NONE
Stories
1
Buildings
3
Lot
13 ac
Current owner
From public records · entity-resolved
Cb Outparcels LLC
Entity
Free & Clear · 11 yrs held
Mailing address
3425 DULUTH PARK LN, DULUTH, GA 30096-3259
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 23, 2020
—
Gwinnett Prado LP
—
Deed
related
$14,550,000 · Miscellaneous Ins Co
Sep 19, 2017
—
Cb Market LLC
—
Grant Deed
related
$14,550,000 · Miscellaneous Ins Co
Sep 29, 2014
—
Cb Outparcels LLC
Cb Market LLC
Quit Claim Deed
related
—
Sep 13, 2011
—
Cnty Water Berkeley
Cb Market LLC
Grant Deed
related
—
Nov 26, 2008
$3,500,000
Cb Market LLC
Bmg II LLC
Grant Deed
—
—
—
Cb Market LLC
—
Deed Of Trust
related
$11,250,000 · Miscellaneous Ins Co
—
—
Gwinnett Prado LP
—
Loan Modification
related
$14,550,000 · Miscellaneous Ins Co
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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