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Property profile & analytics
OFF-MARKET
Estimated value
$470,000
Medical Office Space
206 Main St Conway, SC 29526-5129
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US77-1757251
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1935
Total area
3,226 SF
Lot
0.25 ac (10,890 SF)
Zoning code
CBD
APN
367-01-01-0043
UPID
US77-1757251
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
-
Bombshell Belles, Ansley Rowell Hair Salon
-
The Spa On Main Spa & Massage Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$470k
CAP Approach
CAP
$740k
Comparable Approach
Comparable
$691k
Blend (final)
Blend
$470k
Owner & transaction history
Spa On Main LLC · 10 yrs held
Spa On Main LLC
since 2015
2 recorded transactions
Zoning & alternative use
CBD · Conway, SC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The intent of the CBD District is to establish and preserve the Central Business District for commercial and professional uses focused on pedestrian traffic, which concentrate comparative shopping and service opportunities in centrally located areas.
Zone name
Central Business District
General category
COMMERCIAL
Zone area
29.44 ac
Source
Realmo
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
$470,000
CAP Approach
CAP Return
Estimation
6%
$805,000
6.5%
$740,000
7%
$690,000
Blend value · Realmo final
$470k
Range $423k – $517k · ±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
$146 / 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
$4,561
Tax year 2023
Assessed value
$16,770
Assessed 2023
Effective rate
27.20%
On assessed value
Assessed land
$7,083
Assessed improvement
$9,687
Land market value
$118,050
Improvement market value
$205,700
Total market value
$323,750
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1935
Heating
FORCED AIR
Cooling
CENTRAL
Total area
3,226 SF
Lot
0.25 ac (10,890 SF)
Zoning code
CBD
APN
367-01-01-0043
UPID
US77-1757251
Jurisdiction
HORRY
Zoning & alternative use
CBD · Conway, SCZoning CBD · permitted uses
CBD · Conway, SC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The intent of the CBD District is to establish and preserve the Central Business District for commercial and professional uses focused on pedestrian traffic, which concentrate comparative shopping and service opportunities in centrally located areas.
Zone name
Central Business District
General category
COMMERCIAL
Zone area
29.44 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1935
Heating
FORCED AIR
Cooling
Yes
Lot
0.25 ac
Current owner
From public records · entity-resolved
Spa On Main LLC
Entity
Mailing address
2109 HIDDEN OAK DR, CONWAY, SC 29527-6670
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 18, 2015
$250,000
Spa On Main LLC
Dew Building
Warranty Deed
$249,000 · Conway Nat'l Bk
May 10, 2001
$225,000
Dew Building Tr
—
Grant Deed
—
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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