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Property profile & analytics
OFF-MARKET
Estimated value
$1,125,000
Warehouses
2100 Commerce Dr Cayce, SC 29033-1525
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US77-2206421
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1980
Total area
20,015 SF
Lot
1.63 ac (71,003 SF)
Zoning code
M1
APN
005756-01-004
UPID
US77-2206421
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
$845k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.49M
Blend (final)
Blend
$1.13M
Owner & transaction history
Saluda Boys Holdings LLC · 1 yrs held
Saluda Boys Holdings LLC
since 2024
Last sale
$1.3M
5 recorded transactions
Zoning & alternative use
M1 · Cayce, SC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
City of Cayce
Top alternative use upside
Retail stores
$1.7M
+3.6%
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 Cayce submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cayce 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
$865,000
ML approach
$845,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$1,640,000
Current use
RETAIL STORES
$1,700,000
Change: +4% · Conversion: Moderate
Blend value · Realmo final
$1.13M
Range $1.01M – $1.24M · ±10% · vs last sale $1.31M (Sep 27 2024)
Last sale anchor
$1.31M
Sep 27 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
$56 / 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
$14,791
Tax year 2023
Assessed value
$28,850
Assessed 2023
Previous assessed
$28,850
+0.0% YoY
Effective rate
51.27%
On assessed value
Assessed land
$4,066
Assessed improvement
$24,784
Land market value
$67,767
Improvement market value
$413,054
Total market value
$480,821
Applied tax rate
2.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1980
Heating
FORCED AIR
Bathrooms
1
Total area
20,015 SF
Lot
1.63 ac (71,003 SF)
Zoning code
M1
APN
005756-01-004
UPID
US77-2206421
Jurisdiction
LEXINGTON
Zoning & alternative use
M1 · Cayce, SCZoning M1 · permitted uses
M1 · Cayce, SC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
City of Cayce
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$1.6M
RETAIL STORES
Est. value
$1.7M
WAREHOUSE, STORAGE Current
RETAIL STORES
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
1980
Heating
FORCED AIR
Bathrooms
1
Lot
1.63 ac
Current owner
From public records · entity-resolved
Saluda Boys Holdings LLC
Entity
Mailing address
508 MEETING ST, WEST COLUMBIA, SC 29169-7535
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 27, 2024
$1,312,500
Saluda Boys Holdings LLC
2100 Commerce LLC
Special Warranty Deed
$1,360,000 · First Community Bank Lexington
Nov 8, 2022
$923,595
2100 Commerce LLC
West Durham Lumber Company
Limited Warranty Deed
$705,000 · Synovus Bank
Feb 20, 2020
—
West Durham Lumber Company
—
Deed
related
$750,000 · First Horizon Bank
Mar 19, 2004
—
James E Smith Co LLC
Smith,james E
Quit Claim Deed
related
—
—
—
West Durham Lumber Co
—
Deed Of Trust
related
$8,100,000 · Wells Fargo 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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