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Property profile & analytics
OFF-MARKET
Estimated value
$740,000
Grocery and convenience stores
1812 Wright Blvd Conway, SC 29527-4959
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US77-1738808
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
2001
Construction
CONCRETE
Total area
3,200 SF
Lot
1.21 ac (52,708 SF)
APN
338-16-03-0024
UPID
US77-1738808
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
-
Liberty / Good service mini mart Grocery & Convenience Store
-
Tiger Mart/Good Service Grocery & Convenience Store
-
ATM (Tiger Mart) Grocery & Convenience Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$810k
Comparable Approach
Comparable
$457k
Blend (final)
Blend
$740k
Owner & transaction history
Sokhal LLC · 9 yrs held
Sokhal LLC
since 2017
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.1M
+153.7%
Auto repair, garage
$1.0M
+136.4%
Medical building
$965,000
+125.3%
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 Conway submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Conway 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%
$880,000
6.5%
$810,000
7%
$755,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,085,000
Change: +154% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,010,000
Change: +136% · Conversion: Difficult
MEDICAL BUILDING
$965,000
Change: +125% · Conversion: Difficult
WAREHOUSE, STORAGE
$680,000
Change: +59% · Conversion: Difficult
RETAIL STORES
$625,000
Change: +46% · Conversion: Easy
OFFICE BUILDING
$495,000
Change: +16% · Conversion: Moderate
Blend value · Realmo final
$740k
Range $666k – $814k · ±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
$231 / 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
$6,838
Tax year 2023
Assessed value
$25,137
Assessed 2023
Effective rate
27.20%
On assessed value
Assessed land
$4,356
Assessed improvement
$20,781
Land market value
$72,600
Improvement market value
$503,200
Total market value
$575,800
Applied tax rate
110.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
CONVENIENCE STORE
Status
Off-Market
Year built
2001
Construction
CONCRETE
Heating
SOLAR
Cooling
CENTRAL
Total area
3,200 SF
Lot
1.21 ac (52,708 SF)
APN
338-16-03-0024
UPID
US77-1738808
Jurisdiction
HORRY
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
COMMERCIAL (GENERAL)
Est. value
$1.1M
AUTO REPAIR, GARAGE
Est. value
$1.0M
MEDICAL BUILDING
Est. value
$965,000
WAREHOUSE, STORAGE
Est. value
$680,000
RETAIL STORES
Est. value
$625,000
OFFICE BUILDING
Est. value
$495,000
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
MEDICAL BUILDING
WAREHOUSE, STORAGE
RETAIL STORES
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
2001
Construction
CONCRETE
Heating
SOLAR
Cooling
Yes
Lot
1.21 ac
Current owner
From public records · entity-resolved
Sokhal LLC
Entity
Mailing address
2784 HWY 378, CONWAY, SC 29527-4915
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 25, 2017
—
Sokhal LLC
Surinder Kaur
Warranty Deed
related
$190,000 · Anderson Brothers Bk
Dec 30, 2016
$375,000
Surinder Kaur
Burroughs Co
Grant Deed
—
May 3, 2016
—
Burroughs Co
—
Deed Of Trust
related
$750,000 · Sandhills Bk
Dec 3, 2004
$610,650
Burroughs Co
Burroughs & Chapin Co INC
Grant Deed
related
—
—
—
Burroughs Co
—
Deed Of Trust
related
$1,130,000 · Coastal Carolina Nat'l Bk
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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