Entity Owned Property summary
AI-generated overview
This three-story, Class B office building at 1807 Cherokee Rd, Florence, SC 29501, offers 9,054 square feet of flexible space. Currently, 4,882 square feet are available for lease, divisible into units as small as 153 square feet and up to a contiguous 2,100 square feet. Ten individual suites are available within the building, built in 1984 and renovated 10 years ago, situated on a 0.43-acre lot. The building features 9-foot ceilings and ample drive-up parking. Utilities, including water and power, are included in the lease rate. The property is zoned B3 office and is located in the 5 Points Florence SC submarket of Florence County. Ideal for small businesses and individuals seeking convenient and well-maintained office space. The building does not have elevators. This is a multi-tenant property offering a variety of configurations, from single-room offices to larger multi-room suites. Natural light is a key feature, enhancing the modern decor. The property's address is 1807 Cherokee Rd, Florence, SC 29501, with the cross street being Cherokee. The APN is 90026-08-012.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1984
Total area
7,800 SF
Lot
0.38 ac (16,732 SF)
Zoning code
B1
APN
90026-08-012
UPID
US77-1373375
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Law Firm
-
Employment Agency
-
Construction Company General Contractor
-
Insurance Agency
-
Business Management Consultant
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$620k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$566k
Blend (final)
Blend
$585k
Owner & transaction history
since 2025
Last sale
$685,000
5 recorded transactions
Zoning & alternative use
B1 · Florence, SC
Top alternative use upside
Commercial (general)
$920,000
+11.7%
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
2 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
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Summary
1
Valuation conclusion
Included free
Estimated market value
$585k
Value range
$527k – $644k
±10% around blend
Estimated value / SF
$75 / SF
Confidence
Property data
88
Market benchmarks
100
Comparable evidence
60
$527k
blend $585k
$644k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
7,800 SF
Lot area
0.38 ac
Year built
1984
APN
90026-08-012
Zoning
B1
Assessed value
$13,966
Annual tax
$7,475
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$566k
Range $527k – $1.16M
Evidence
6 found
Recent peer sales in this city
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$585k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 53 sales
$106
-29%
Submarket 66 sales
$113
-34%
County 85 sales
$103
-27%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $75/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Commercial (general)
Gross theoretical uplift
+12%
vs current-use indication
Office Building · current use
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Market rates by use type
PDF export
Professional Plan · 30 reports
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Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$685k
Move the market yield to see immediate price impact.
Value / SF
$88
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$43k
$863k
$616k
$480k
$48k
$959k
$685k
$533k
$53k
$1.05M
$753k
$586k
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$7,475
Tax year 2023
Assessed value
$13,966
Assessed 2023
Previous assessed
$13,965,552
-99.9% YoY
Effective rate
53.52%
On assessed value
Assessed land
$3,328
Assessed improvement
$10,638
Land market value
$83,190
Improvement market value
$265,949
Total market value
$349,139
Applied tax rate
110.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1984
Heating
NONE
Total area
7,800 SF
Lot
0.38 ac (16,732 SF)
Zoning code
B1
APN
90026-08-012
UPID
US77-1373375
Jurisdiction
FLORENCE
Zoning & alternative use
B1 · Florence, SCZoning B1 · permitted uses
B1 · Florence, SC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1984
Heating
NONE
Lot
0.38 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
B1
Jurisdiction
Florence, SC
Recorded code
B1
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Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
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Owner of record and activity signals are derived from public records and modeled classifications.
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