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Property profile & analytics
OFF-MARKET
Estimated value
$670,000
Medical Office Space
1845 Riverside Dr, Conway, SC 29526-8016
Entity Owned
8-yr Hold
Free & Clear
Property ID
US77-0256742
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1998
Construction
CONCRETE
Total area
3,114 SF
Lot
0.51 ac (22,216 SF)
Zoning code
HC
APN
400-01-01-0008
UPID
US77-0256742
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
$415k
CAP Approach
CAP
$715k
Comparable Approach
Comparable
$499k
Blend (final)
Blend
$670k
Owner & transaction history
Magnolia Peds LLC · 8 yrs held
Magnolia Peds LLC
since 2017
7 recorded transactions
Zoning & alternative use
HC · Conway, SC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$985,000
+5.0%
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
$415,000
CAP Approach
CAP Return
Estimation
6%
$775,000
6.5%
$715,000
7%
$665,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$940,000
Current use
AUTO REPAIR, GARAGE
$985,000
Change: +5% · Conversion: Difficult
Blend value · Realmo final
$670k
Range $603k – $737k · ±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
$215 / 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
$5,827
Tax year 2023
Assessed value
$25,716
Assessed 2023
Previous assessed
$25,716
+0.0% YoY
Effective rate
22.66%
On assessed value
Assessed land
$9,197
Assessed improvement
$16,519
Land market value
$155,510
Improvement market value
$393,100
Total market value
$548,610
Applied tax rate
100.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1998
Construction
CONCRETE
Heating
SOLAR
Cooling
CENTRAL
Total area
3,114 SF
Lot
0.51 ac (22,216 SF)
Zoning code
HC
APN
400-01-01-0008
UPID
US77-0256742
Jurisdiction
HORRY
Zoning & alternative use
HC · Conway, SC
Zoning HC · permitted uses
HC · Conway, SC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Conway. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$940,000
AUTO REPAIR, GARAGE
Est. value
$985,000
MEDICAL BUILDING Current
AUTO REPAIR, GARAGE
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
1998
Construction
CONCRETE
Heating
SOLAR
Cooling
Yes
Lot
0.51 ac
Current owner
From public records · entity-resolved
Magnolia Peds LLC
Entity
Free & Clear · 8 yrs held
Mailing address
600 SINGLETON RDG RD, CONWAY, SC 29526-9154
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 7, 2022
—
Magnolia Peds LLC
—
Deed
related
$495,282 · Anderson Brothers Bank
Jul 19, 2019
—
Magnolia Peds LLC
—
Deed
related
$500,000 · First Citizens Bk
Sep 12, 2017
—
Magnolia Peds LLC
Stephen A Corontzes
Grant Deed
related
—
Aug 11, 2016
—
Stephen A Corontzes
—
Deed
related
$1,093,750 · Crescom Bk
—
—
Magnolia Peds LLC
—
Deed Of Trust
related
$500,000 · First Citizens Bk
—
—
Stephen A Corontzes
—
Deed Of Trust
related
$1,093,750 · Crescom Bk
—
—
Corontzes,stephen A & Julia Z
—
Deed Of Trust
related
$480,250 · Citizens Bk
—
—
Corontzes,stephen A & Julia Z
—
Deed Of Trust
related
$560,000 · Crescent 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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