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Property profile & analytics
OFF-MARKET
Estimated value
$540,000
Retail space
194 Cashua Dr Florence, SC 29501-4080
Individually Owned
5-yr Hold
Absentee Owner
Free & Clear
Property ID
US77-0575900
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1999
Total area
8,000 SF
Lot
0.71 ac (30,954 SF)
Zoning code
B3
APN
90025-02-007
UPID
US77-0575900
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
-
Micky Finn's One Stop Party (Bike/Boat/Book/etc) Store Wine and Liquor Store
-
ATM (Breakers Food Mart) Atm
-
Bitcoin ATM Florence - Coinhub Atm Currency Exchange Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$406k
Blend (final)
Blend
$540k
Owner & transaction history
Richard L Havekost JR. · 5 yrs held
Richard L Havekost JR.
since 2020
5 recorded transactions
Zoning & alternative use
B3 · Florence, SC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$845,000
+57.3%
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 Florence submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Florence 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
RETAIL STORES
$540,000
Current use
OFFICE BUILDING
$845,000
Change: +57% · Conversion: Easy
AUTO REPAIR, GARAGE
$495,000
Change: -8% · Conversion: Difficult
WAREHOUSE, STORAGE
$465,000
Change: -14% · Conversion: Difficult
Blend value · Realmo final
$540k
Range $486k – $594k · ±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
$68 / 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
$12,331
Tax year 2023
Assessed value
$23,039
Assessed 2023
Previous assessed
$23,039,416
-99.9% YoY
Effective rate
53.52%
On assessed value
Assessed land
$7,125
Assessed improvement
$15,914
Land market value
$178,128
Improvement market value
$397,857
Total market value
$575,985
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
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1999
Heating
NONE
Total area
8,000 SF
Lot
0.71 ac (30,954 SF)
Zoning code
B3
APN
90025-02-007
UPID
US77-0575900
Jurisdiction
FLORENCE
Zoning & alternative use
B3 · Florence, SC
Zoning B3 · permitted uses
B3 · Florence, SC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Florence. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$540,000
OFFICE BUILDING
Est. value
$845,000
AUTO REPAIR, GARAGE
Est. value
$495,000
WAREHOUSE, STORAGE
Est. value
$465,000
RETAIL STORES Current
OFFICE BUILDING
AUTO REPAIR, GARAGE
WAREHOUSE, STORAGE
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
1999
Heating
NONE
Lot
0.71 ac
Current owner
From public records · entity-resolved
Richard L Havekost JR.
Individual
Free & Clear · 5 yrs held
Mailing address
2531 W EDGEFIELD RD, FLORENCE, SC 29501-1996
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
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
Apr 22, 2022
—
Rdbp INC
—
Deed
related
$2,465,000 · First Citizens Bank & Trust Co
Aug 6, 2020
$80,000
Richard L Havekost JR.
David B Laughlin
Warranty Deed
—
Jan 31, 2018
—
Rdbp INC
—
Deed
related
$400,000 · First Citizens Bk
Feb 28, 2017
—
Carolyn D Griffin
Griffin,hugh T JR
Quit Claim Deed
—
—
—
Rdbp INC
—
Deed Of Trust
related
$400,000 · First Citizens 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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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