Entity Owned 
For Lease
1 / 10
$30 SF/Yr
201 Sigma Dr, Summerville, SC 29486
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Property summary
AI-generated overview
This is a Class A office property located at 201 Sigma Drive in Summerville, South Carolina, with office space on the fourth floor. The available area comprises 8,985 square feet and includes break rooms, multiple conference rooms, and high ceilings. The space features large corner offices with views from the fourth floor, and the common areas are finished to a higher standard. The building is positioned for visibility from Interstate 26 and is near major employers including Boeing, Mercedes-Daimler, and Volvo.
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2014
Total area
103,500 SF
Lot
6.06 ac (263,974 SF)
Zoning code
SUMMERVILLE - PUD/DA
APN
221-00-00-062
UPID
US77-0342142
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Real Estate Agency
-
Home Appliance Store
-
Law Firm
-
Insurance Agency
-
Marketing & Advertising (Bike/Boat/Book/etc) Store
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$18.46M
Comparable Approach
Comparable
$23.93M
Blend (final)
Blend
$23.08M
Owner & transaction history
since 2021
Last sale
$26.1M
7 recorded transactions
Zoning & alternative use
SUMMERVILLE - PUD/DA · Summerville, SC
Top alternative use upside
Commercial (general)
$34.4M
+53.7%
Neighborhood: shopping center
$29.4M
+31.3%
Medical building
$29.1M
+30.0%
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Full NOI build-up · 6 steps
6 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
Professional Plan · 30 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$23.08M
Value range
$20.77M – $25.39M
±10% around blend
Estimated value / SF
$223 / SF
Confidence
Property data
100
Market benchmarks
67
Comparable evidence
60
Income certainty
100
$20.77M
blend $23.08M
$25.39M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
103,500 SF
Lot area
6.06 ac
Year built
2014
Stories
3
APN
221-00-00-062
Zoning
SUMMERVILLE - PUD/DA
Assessed value
$1,422,432
Annual tax
$367,500
3
Income approach: direct capitalization
Partial preview
Income approach indication
$18.46M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$20.00M
@ 6.5% CAP return
$18.46M
@ 7% CAP return
$17.14M
Estimated Stabilized NOI, derived from market rent, vacancy and expense benchmarks. Actual property income not reported.
Estimated market rent / SF
Potential gross income
Vacancy allowance
Effective gross income
Benchmark operating expenses
Stabilized NOI
Property tax
$367,500
Selected cap rate
4
Sales comparison
Partial preview
Sales approach indication
$23.93M
Range $13.25M – $34.70M
Evidence
6 found
Recent peer sales in this city
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$23.08M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
Submarket 52 sales
$216
+3%
County 89 sales
$182
+23%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $223/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Commercial (general)
Gross theoretical uplift
+54%
vs current-use indication
Neighborhood: Shopping Center
Medical Building
Office Building
Auto Repair, Garage
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Market benchmark
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
NOI build-up · 9 steps
Market rates by use type
PDF export
Professional Plan · 30 reports
from $99/month
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Overview
Selected market yield
5.20%
Selected cap rate for this retail space
Derived from the Summerville market rent, vacancy and expense benchmarks for this use type.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 5.20%
9.0%
NOI (est.)
$2.06M *
Last sale · Jan 2021
$26.13M
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$39.54M
Move the market yield to see immediate price impact.
Value / SF
$382
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
4.70%5.20%5.70%
$1.85M
$39.37M
$35.58M
$32.46M
$2.06M
$43.74M
$39.54M
$36.07M
$2.26M
$48.12M
$43.49M
$39.68M
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$367,500
Tax year 2022
Assessed value
$1,422,432
Assessed 2022
Previous assessed
$889,250
+60.0% YoY
Effective rate
25.84%
On assessed value
Assessed land
$340,872
Assessed improvement
$1,081,560
Land market value
$7,575,000
Improvement market value
$24,034,700
Total market value
$31,609,700
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
For Lease
Year built
2014
Heating
NONE
Stories
3
Total area
103,500 SF
Lot
6.06 ac (263,974 SF)
Zoning code
SUMMERVILLE - PUD/DA
APN
221-00-00-062
UPID
US77-0342142
Jurisdiction
BERKELEY
Zoning & alternative use
SUMMERVILLE - PUD/DA · Summerville, SCZoning SUMMERVILLE - PUD/DA · permitted uses
SUMMERVILLE - PUD/DA · Summerville, SC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
2014
Heating
NONE
Stories
3
Lot
6.06 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
SUMMERVILLE - PUD/DA
Jurisdiction
Summerville, SC
Recorded code
SUMMERVILLE - PUD/DA
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for SUMMERVILLE - PUD/DA in Summerville, SC.
What opens after registration
Zoning profile
2 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
One complete report on every paid plan · 30 · 300 reports per month.
Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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