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Property profile & analytics
OFF-MARKET
Estimated value
$5,045,000
Retail space
1750 Sam Rittenberg Blvd Charleston, SC 29407-4949
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US77-2871475
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1970
Total area
35,892 SF
Lot
1.56 ac (67,954 SF)
APN
351-08-00-010
UPID
US77-2871475
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
-
Red Velvet Burlesque Show Charleston Theater & Performing Art Venue
-
Charleston Amish Furniture Home Decor Store Furniture & Home Goods
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.76M
Blend (final)
Blend
$5.05M
Owner & transaction history
Carvindaw Properties LLC · 5 yrs held
Carvindaw Properties LLC
since 2020
Last sale
$4.2M
6 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 Charleston submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Charleston 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
$6,965,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$8,130,000
Current use
Blend value · Realmo final
$5.05M
Range $4.54M – $5.55M · ±10% · vs last sale $4.20M (Dec 1 2020)
Last sale anchor
$4.20M
Dec 1 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
$141 / 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
$77,008
Tax year 2023
Assessed value
$237,000
Assessed 2023
Previous assessed
$300,000
-21.0% YoY
Effective rate
32.49%
On assessed value
Land market value
$1,500,000
Improvement market value
$3,500,000
Total market value
$5,000,000
Applied tax rate
6.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1970
Heating
HEAT PUMP
Cooling
NONE
Stories
1
Total area
35,892 SF
Lot
1.56 ac (67,954 SF)
APN
351-08-00-010
UPID
US77-2871475
Jurisdiction
CHARLESTON
Zoning & alternative use
Zoning · permitted uses
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
$8.1M
RETAIL STORES Current
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
1970
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Lot
1.56 ac
Current owner
From public records · entity-resolved
Carvindaw Properties LLC
Entity
Mailing address
1750 SAM RITTENBERG BLVD, CHARLESTON, SC 29407-4949
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 16, 2026
—
Carvindaw Properties LLC
—
Deed
related
$4,925,000 · Lowcountry National Bank
Dec 1, 2020
$4,200,000
Carvindaw Properties LLC
Sam Rittenberg 1750 LLC
Grant Deed
$484,777 · Ameris Bk
Dec 27, 2007
$1,812,500
Sam Rittenberg 1750 LLC
Cherrystone LLC
Grant Deed
—
Jul 5, 2005
$1,500,000
Cherrystone LLC
Doschers Super Markets
Grant Deed
related
$1,500,000 · Bank Of Sc
—
—
Sam Rittenberg 1750 LLC
—
Deed Of Trust
related
$1,400,000 · Wachovia Bank NA
—
—
Sam Rittenberg 1750 LLC
—
Deed Of Trust
related
$1,137,785 · Wells Fargo Bank
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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