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Property profile & analytics
OFF-MARKET
Estimated value
$750,000
Office buildings
208 Elm St Conway, SC 29526-5118
Entity Owned
2-yr Hold
Free & Clear
Property ID
US77-1943630
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1950
Total area
4,888 SF
Lot
0.1 ac (4,356 SF)
Zoning code
CC
APN
368-04-02-0049
UPID
US77-1943630
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
-
Amedisys Home Health Care Home Health Care Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$750k
CAP Approach
CAP
$980k
Comparable Approach
Comparable
$506k
Blend (final)
Blend
$750k
Owner & transaction history
Horry County Group LLC · 2 yrs held
Horry County Group LLC
since 2024
Last sale
$750,000
4 recorded transactions
Zoning & alternative use
CC · Conway, SC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$1.0M
+43.0%
Retail stores
$920,000
+26.6%
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 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
$750,000
ML approach
$750,000
CAP Approach
CAP Return
Estimation
6%
$1,065,000
6.5%
$980,000
7%
$910,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$730,000
Current use
WAREHOUSE, STORAGE
$1,040,000
Change: +43% · Conversion: Difficult
RETAIL STORES
$920,000
Change: +27% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$655,000
Change: -10% · Conversion: Difficult
Blend value · Realmo final
$750k
Range $675k – $825k · ±10% · vs last sale $750k (Jun 18 2024)
Last sale anchor
$750k
Jun 18 2024
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
$153 / 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
Assessed value
$15,927
Assessed 2023
Previous assessed
$15,927
+0.0% YoY
Assessed land
$3,969
Assessed improvement
$11,958
Land market value
$66,150
Improvement market value
$199,300
Total market value
$265,450
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1950
Heating
SOLAR
Cooling
CENTRAL
Total area
4,888 SF
Lot
0.1 ac (4,356 SF)
Zoning code
CC
APN
368-04-02-0049
UPID
US77-1943630
Jurisdiction
HORRY
Zoning & alternative use
CC · Conway, SC
Zoning CC · permitted uses
CC · Conway, SC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Conway. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$730,000
WAREHOUSE, STORAGE
Est. value
$1.0M
RETAIL STORES
Est. value
$920,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$655,000
OFFICE BUILDING Current
WAREHOUSE, STORAGE
RETAIL STORES
NEIGHBORHOOD: SHOPPING CENTER
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
1950
Heating
SOLAR
Cooling
Yes
Lot
0.1 ac
Current owner
From public records · entity-resolved
Horry County Group LLC
Entity
Free & Clear · 2 yrs held
Mailing address
208 PO BOX 1657TH ST, CONWAY, SC 29528-1657
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 18, 2024
$750,000
Horry County Group LLC
Salt Life Investments LLC
Warranty Deed
—
Apr 21, 2017
$400,000
Salt Life Investments LLC
Conway Natl Bk
Grant Deed
—
Feb 17, 2014
$504,000
Conway Natl Bk
Master In Equity Of Horry County|baxter,mary R M
One Of Committee, Strict Foreclosure, Sheriff, Or Redemption Deeds
related
—
—
—
Baxter,mary R M
—
Deed Of Trust
related
$650,050 · Conway Nat'l 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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