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Property profile & analytics
OFF-MARKET
Estimated value
$2,470,000
Strip malls
1815 Old Trolley Rd Summerville, SC 29485-8284
Entity Owned
Free & Clear
Property ID
US77-0429709
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1982
Construction
FRAME
Total area
21,000 SF
Lot
3.28 ac (142,877 SF)
Zoning code
CG_DC
APN
161-04-05-001
UPID
US77-0429709
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
-
Oakbrook Center Business Service Center Corporate Office
-
Covenant Iufe Church-Summerville Church
-
TaxPro Elite Consultant
-
Christ Temple of Summerville Church
-
Palmetto Med Spa Spa & Massage Center Alternative Medicine Practice
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.47M
Owner & transaction history
1815 Old Trolley Holdings LLC
1815 Old Trolley Holdings LLC
since 2026
Last sale
$3.0M
4 recorded transactions
Zoning & alternative use
CG_DC · Summerville, SC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$3.0M
+262.2%
Restaurant
$2.4M
+194.8%
Medical building
$2.3M
+176.7%
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 Summerville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Summerville 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$2,970,000
Change: +262% · Conversion: Moderate
RESTAURANT
$2,415,000
Change: +195% · Conversion: Difficult
MEDICAL BUILDING
$2,270,000
Change: +177% · Conversion: Difficult
COMMERCIAL (GENERAL)
$2,180,000
Change: +166% · Conversion: Easy
AUTO REPAIR, GARAGE
$2,035,000
Change: +148% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$1,550,000
Change: +89% · Conversion: Difficult
Blend value · Realmo final
$2.47M
Range $2.22M – $2.72M · ±10% · vs last sale $3.00M (Dec 22 2025)
Last sale anchor
$3.00M
Dec 22 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
$118 / 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
$35,665
Tax year 2023
Assessed value
$95,664
Assessed 2023
Previous assessed
$95,664
+0.0% YoY
Effective rate
37.28%
On assessed value
Assessed land
$77,154
Assessed improvement
$18,510
Land market value
$1,285,893
Improvement market value
$308,500
Total market value
$1,594,393
Applied tax rate
221.0000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1982
Construction
FRAME
Heating
HEAT PUMP
Cooling
CENTRAL
Stories
1
Total area
21,000 SF
Lot
3.28 ac (142,877 SF)
Zoning code
CG_DC
APN
161-04-05-001
UPID
US77-0429709
Jurisdiction
DORCHESTER
Zoning & alternative use
CG_DC · Summerville, SCZoning CG_DC · permitted uses
CG_DC · Summerville, SC
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
OFFICE BUILDING
Est. value
$3.0M
RESTAURANT
Est. value
$2.4M
MEDICAL BUILDING
Est. value
$2.3M
COMMERCIAL (GENERAL)
Est. value
$2.2M
AUTO REPAIR, GARAGE
Est. value
$2.0M
INDUSTRIAL (GENERAL)
Est. value
$1.6M
OFFICE BUILDING
RESTAURANT
MEDICAL BUILDING
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
INDUSTRIAL (GENERAL)
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
1982
Construction
FRAME
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Lot
3.28 ac
Current owner
From public records · entity-resolved
1815 Old Trolley Holdings LLC
Entity
Free & Clear · 0 yrs held
Mailing address
PO BOX 1105, TUSTIN, CA 92781-1105
Ownership since
2026
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
Mar 13, 2026
—
1815 Old Trolley Holdings LLC
Raymond R Ruais
Quitclaim Deed
related
—
Mar 9, 2026
$3,000,000
1815 Old Trolley Holdings LLC
Raymond R Ruais
Deed
related
—
Dec 22, 2025
$3,000,000
1815 Old Trolley Holdings LLC
Raymond R Ruais
Deed
$4,845,000 · First Capital Bank
Feb 29, 2008
—
Juniper Associates LLC
Juniper Associates
Quit Claim Deed
related
—
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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