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Property profile & analytics
OFF-MARKET
Estimated value
$3,385,000
Warehouses
1799 Hwy 701st N Loris, SC 29569-8646
Individually Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US77-1757252
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1976
Construction
METAL FRAME
Total area
12,660 SF
Lot
50.21 ac (2,187,148 SF)
Zoning code
RZ
APN
153-00-00-0026
UPID
US77-1757252
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$3.04M
Comparable Approach
Comparable
$3.85M
Blend (final)
Blend
$3.39M
Owner & transaction history
Southern States Cooperative In · 5 yrs held
Southern States Cooperative In
since 2021
4 recorded transactions
Zoning & alternative use
RZ · Loris, SC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$5.2M
+125.6%
Commercial (general)
$4.9M
+111.3%
Restaurant
$4.4M
+91.8%
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 Loris submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Loris 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%
$3,290,000
6.5%
$3,035,000
7%
$2,820,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$2,315,000
Current use
APARTMENT HOUSE (5+ UNITS)
$5,225,000
Change: +126% · Conversion: Difficult
COMMERCIAL (GENERAL)
$4,895,000
Change: +111% · Conversion: Difficult
RESTAURANT
$4,445,000
Change: +92% · Conversion: Difficult
AUTO REPAIR, GARAGE
$4,005,000
Change: +73% · Conversion: Easy
MEDICAL BUILDING
$3,815,000
Change: +65% · Conversion: Difficult
OFFICE BUILDING
$2,840,000
Change: +23% · Conversion: Difficult
Blend value · Realmo final
$3.39M
Range $3.05M – $3.72M · ±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
$267 / 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
$10,077
Tax year 2023
Assessed value
$46,027
Assessed 2023
Effective rate
21.89%
On assessed value
Assessed land
$33,814
Assessed improvement
$12,213
Land market value
$1,021,970
Improvement market value
$298,200
Total market value
$1,320,170
Applied tax rate
300.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1976
Construction
METAL FRAME
Heating
SOLAR
Cooling
CENTRAL
Buildings
2
Total area
12,660 SF
Lot
50.21 ac (2,187,148 SF)
Zoning code
RZ
APN
153-00-00-0026
UPID
US77-1757252
Jurisdiction
HORRY
Zoning & alternative use
RZ · Loris, SC
Zoning RZ · permitted uses
RZ · Loris, SC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Loris. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$2.3M
APARTMENT HOUSE (5+ UNITS)
Est. value
$5.2M
COMMERCIAL (GENERAL)
Est. value
$4.9M
RESTAURANT
Est. value
$4.4M
AUTO REPAIR, GARAGE
Est. value
$4.0M
MEDICAL BUILDING
Est. value
$3.8M
OFFICE BUILDING
Est. value
$2.8M
WAREHOUSE, STORAGE Current
APARTMENT HOUSE (5+ UNITS)
COMMERCIAL (GENERAL)
RESTAURANT
AUTO REPAIR, GARAGE
MEDICAL BUILDING
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
Year built
1976
Construction
METAL FRAME
Heating
SOLAR
Cooling
Yes
Buildings
2
Lot
50.21 ac
Current owner
From public records · entity-resolved
Southern States Cooperative In
Individual
Mailing address
6606 W BROAD ST STE B, RICHMOND, VA 23230-1717
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 21, 2021
—
Southern States Cooperative In
—
Deed
related
$90,000,000 · Acf Finco I
Apr 9, 2008
—
Southern Sts Cooperative INC
—
Loan Modification
related
$200,000,000 · Cobank
—
—
Southern Sts Cooperative INC
—
Deed Of Trust
related
$130,000,000 · Us Bk
—
—
Southern Sts Cooperative INC
—
Loan Modification
related
$350,000,000 · Cobank
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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