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Property profile & analytics
OFF-MARKET
Estimated value
$1,520,000
Drive through restaurants
1727 Lucas St Florence, SC 29501-1227
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US77-1800288
Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Year built
1993
Total area
2,870 SF
Lot
1.34 ac (58,370 SF)
APN
00121-01-005
UPID
US77-1800288
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
-
Wendy's Restaurant Take-out & Catering
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.37M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.29M
Blend (final)
Blend
$1.52M
Owner & transaction history
Real Estate Property Services Inves · 1 yrs held
Real Estate Property Services Inves
since 2025
Last sale
$1.7M
7 recorded transactions
Zoning & alternative use
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 Florence submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Florence 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
$1,480,000
ML approach
$1,365,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.52M
Range $1.37M – $1.67M · ±10% · vs last sale $1.73M (Apr 11 2025)
Last sale anchor
$1.73M
Apr 11 2025
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
$530 / 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
$13,823
Tax year 2023
Assessed value
$27,095
Assessed 2023
Previous assessed
$27,095,215
-99.9% YoY
Effective rate
51.02%
On assessed value
Assessed land
$13,062
Assessed improvement
$14,033
Land market value
$326,550
Improvement market value
$350,830
Total market value
$677,380
Applied tax rate
100.0000
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
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Status
Off-Market
Year built
1993
Heating
NONE
Total area
2,870 SF
Lot
1.34 ac (58,370 SF)
APN
00121-01-005
UPID
US77-1800288
Jurisdiction
FLORENCE
Zoning & alternative use
Zoning · permitted uses
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
1993
Heating
NONE
Lot
1.34 ac
Current owner
From public records · entity-resolved
Real Estate Property Services Inves
Entity
Mailing address
8040 ARROWRIDGE BLVD #100, CHARLOTTE, NC 28273-5604
Ownership since
2025
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
Apr 11, 2025
$1,731,044
Real Estate Property Services Inves
Radar Wendys Lucas LLC
Special Warranty Deed
$1,080,000 · Truliant FCU
Dec 18, 2024
$1,338,429
Radar Wendys Lucas LLC
Crg Real Estate LLC
Special Warranty Deed
—
Dec 18, 2024
—
Carolina Restaurant Group INC
Radar Wendys Lucas LLC
Deed
—
Feb 2, 2018
—
Marsev LLC
Martin,h Dean
Quit Claim Deed
related
$9,788,000 · Citizens Bank NA
Feb 2, 2018
$727,178
Crg Real Estate LLC
Marsev LLC
Special Warranty Deed
$9,788,000 · Citizens Bank NA
Jan 19, 2018
$60,000
William T Webster
Marsev LLC
Grant Deed
—
Feb 8, 2012
—
Marsev LLC
Marsev LLC
Quit Claim Deed
related
$650,000 · H Dean Martin
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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