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Property profile & analytics
OFF-MARKET
Office buildings
1940 Old Trolley Rd Summerville, SC 29485-6800
Trust Owned
3-yr Hold
Free & Clear
Property ID
US77-2900911
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1990
Construction
FRAME
Total area
6,000 SF
Lot
0.51 ac (22,247 SF)
Zoning code
UCMX_SV
APN
161-08-01-007
UPID
US77-2900911
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
-
Davinci Meeting Rooms Marketing & Advertising Event Planning
-
EARTHManagement, LLC Environmental Consultant
-
Sea Coast Mortgage Group Loan Service Bank
-
The Law Office of Rebekah L. Campbell Law Firm
-
SelfLuxe Co. Spa & Massage Center Skin Care Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
New Vision Trust · 3 yrs held
New Vision Trust
since 2023
Last sale
$220,000
7 recorded transactions
Zoning & alternative use
UCMX_SV · Summerville, SC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$11,839
Tax year 2023
Assessed value
$41,760
Assessed 2023
Previous assessed
$41,760
+0.0% YoY
Effective rate
28.35%
On assessed value
Assessed land
$13,329
Assessed improvement
$28,431
Land market value
$222,156
Improvement market value
$473,844
Total market value
$696,000
Applied tax rate
271.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1990
Construction
FRAME
Heating
HEAT PUMP
Cooling
CENTRAL
Stories
2
Total area
6,000 SF
Lot
0.51 ac (22,247 SF)
Zoning code
UCMX_SV
APN
161-08-01-007
UPID
US77-2900911
Jurisdiction
DORCHESTER
Zoning & alternative use
UCMX_SV · Summerville, SC
Zoning UCMX_SV · permitted uses
UCMX_SV · Summerville, SC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Summerville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1990
Construction
FRAME
Heating
HEAT PUMP
Cooling
Yes
Stories
2
Lot
0.51 ac
Current owner
From public records · entity-resolved
New Vision Trust
Trust
Free & Clear · 3 yrs held
Mailing address
1940 OLD TROLLEY RD STE A, SUMMERVILLE, SC 29485-6800
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 3, 2023
$220,000
New Vision Trust
Tfy Enterprises LLC
Deed
—
Apr 1, 2010
$324,500
Taylor Commercial Props LLC
First Fedl S & L
Grant Deed
—
Jan 9, 2009
$297,845
First Fedl Svgs & Loan Assn Of C
Master Of Equity/dorchester Cnty
Trustees Deed
related
—
Jun 13, 2006
—
Robin A Wiscovitch
—
Trustees Deed
related
$475,000 · First Federal Savings Carolina
Apr 14, 2006
—
New Freedmone Ents LLC
Loancents Financial Svcs INC
Grant Deed
related
—
Apr 10, 2003
$525,000
Loancents Fin Serv INC
—
Grant Deed
related
—
May 13, 2002
$360,000
Dharma 3 LLC
—
Grant Deed
—
—
—
New Freedom Ents LLC
—
Deed Of Trust
related
$275,000 · Beach First National Bank
—
—
New Freedom Ents LLC
—
Deed Of Trust
related
$590,000 · First Fed'l S & L Charleston
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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