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Property profile & analytics
OFF-MARKET
Estimated value
$620,000
Office buildings
202 2nd N St Summerville, SC 29483-6858
Entity Owned
~
Est. High Equity
Property ID
US77-1358607
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1975
Construction
FRAME
Total area
3,340 SF
Lot
0.22 ac (9,507 SF)
Zoning code
DMX_SV
APN
137-07-14-001
UPID
US77-1358607
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
$620k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$796k
Blend (final)
Blend
$620k
Owner & transaction history
202 E 2nd Street LLC
202 E 2nd Street LLC
since 2026
Last sale
$585,000
7 recorded transactions
Zoning & alternative use
DMX_SV · Summerville, SC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$940,000
+6.6%
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
$785,000
ML approach
$620,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$880,000
Current use
MEDICAL BUILDING
$940,000
Change: +7% · Conversion: Easy
RETAIL STORES
$775,000
Change: -12% · Conversion: Moderate
AUTO REPAIR, GARAGE
$735,000
Change: -17% · Conversion: Difficult
Blend value · Realmo final
$620k
Range $558k – $682k · ±10% · vs last sale $585k (Aug 3 2021)
Last sale anchor
$585k
Aug 3 2021
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
$186 / 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
$14,662
Tax year 2023
Assessed value
$35,070
Assessed 2023
Previous assessed
$35,070
+0.0% YoY
Effective rate
41.81%
On assessed value
Assessed land
$10,841
Assessed improvement
$24,229
Land market value
$180,685
Improvement market value
$403,816
Total market value
$584,501
Applied tax rate
207.0000
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
1975
Construction
FRAME
Heating
HEAT PUMP
Cooling
CENTRAL
Stories
2
Total area
3,340 SF
Lot
0.22 ac (9,507 SF)
Zoning code
DMX_SV
APN
137-07-14-001
UPID
US77-1358607
Jurisdiction
DORCHESTER
Zoning & alternative use
DMX_SV · Summerville, SCZoning DMX_SV · permitted uses
DMX_SV · 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 Current
Est. value
$880,000
MEDICAL BUILDING
Est. value
$940,000
RETAIL STORES
Est. value
$775,000
AUTO REPAIR, GARAGE
Est. value
$735,000
OFFICE BUILDING Current
MEDICAL BUILDING
RETAIL STORES
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
1975
Construction
FRAME
Heating
HEAT PUMP
Cooling
Yes
Stories
2
Lot
0.22 ac
Current owner
From public records · entity-resolved
202 E 2nd Street LLC
Entity
Mailing address
202 E 2ND N ST, SUMMERVILLE, SC 29483-6858
Mailing matches property
Yes
Owner-occupied
Yes
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
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 10, 2026
—
202 E 2nd Street LLC
East 2nd North Investments LLC
Quitclaim Deed
—
Apr 7, 2026
$1,225,000
202 E 2nd Street LLC
East 2nd North Investments LLC
Deed
$1,272,997 · First Citizens Bank And Trust Company
Aug 3, 2021
$585,000
East 2nd North Investments LLC
Gorden H Timmons
Warranty Deed
$510,000 · Patricia A Timmons Irrevocable Trust
Oct 13, 2020
—
Timmons P A Exempt Fam Trust
—
Deed
related
$300,000 · Southern St Bk
Jun 9, 2020
—
Timmons,patricia A Trust
Old South Investments INC
Correction Deed
related
—
Feb 27, 2020
—
Timmons,patricia A Trust
Old South Investments INC
Grant Deed
related
—
Mar 9, 2018
—
Old South Investments INC
—
Deed
related
$400,000 · Southern First Bk NA
Mar 17, 2015
$190,000
Old S Invs LLC
Lee,thomas D SR
Grant Deed
related
$400,000 · First Nat'l Bk/sc
—
—
Old S Invs LLC
—
Deed Of Trust
related
$450,000 · Bank Of Sc
—
—
Old South Investments INC
—
Deed Of Trust
related
$400,000 · Southern First Bk NA
—
—
Timmons P A Exempt Fam Trust
—
Deed Of Trust
related
$300,000 · Southern St 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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