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Property profile & analytics
OFF-MARKET
Estimated value
$30,000,000
Distribution centers
2254 Volvo Car Dr Ridgeville, SC 29472-7380
Entity Owned
2-yr Hold
Absentee Owner
Free & Clear
Property ID
US77-0981292
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
2023
Total area
217,620 SF
Lot
25.1 ac (1,093,356 SF)
APN
157-00-00-031
UPID
US77-0981292
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
$30.00M
CAP Approach
CAP
$19.26M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$30.00M
Owner & transaction history
Ridgeville Distribution Center LLC · 2 yrs held
Ridgeville Distribution Center LLC
since 2024
Last sale
$30.0M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$39.6M
+72.3%
Auto repair, garage
$37.6M
+63.8%
Commercial (general)
$37.3M
+62.5%
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 Ridgeville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ridgeville 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
$30,000,000
ML approach
$30,000,000
CAP Approach
CAP Return
Estimation
6%
$20,860,000
6.5%
$19,255,000
7%
$17,880,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$22,975,000
Current use
RETAIL STORES
$39,590,000
Change: +72% · Conversion: Moderate
AUTO REPAIR, GARAGE
$37,635,000
Change: +64% · Conversion: Easy
COMMERCIAL (GENERAL)
$37,340,000
Change: +63% · Conversion: Difficult
Blend value · Realmo final
$30.00M
Range $27.00M – $33.00M · ±10% · vs last sale $30.00M (Apr 8 2024)
Last sale anchor
$30.00M
Apr 8 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
$138 / 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
$104,416
Tax year 2023
Assessed value
$492,867
Assessed 2023
Previous assessed
$492,867
+0.0% YoY
Effective rate
21.19%
On assessed value
Assessed land
$76,648
Assessed improvement
$416,219
Land market value
$4,392,500
Improvement market value
$23,852,400
Total market value
$28,244,900
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
Off-Market
Year built
2023
Total area
217,620 SF
Lot
25.1 ac (1,093,356 SF)
APN
157-00-00-031
UPID
US77-0981292
Jurisdiction
BERKELEY
Zoning & alternative use
Zoning · permitted uses
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
WAREHOUSE, STORAGE Current
Est. value
$23.0M
RETAIL STORES
Est. value
$39.6M
AUTO REPAIR, GARAGE
Est. value
$37.6M
COMMERCIAL (GENERAL)
Est. value
$37.3M
WAREHOUSE, STORAGE Current
RETAIL STORES
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
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
2023
Lot
25.1 ac
Current owner
From public records · entity-resolved
Ridgeville Distribution Center LLC
Entity
Free & Clear · 2 yrs held
Mailing address
31 W 34TH ST, NEW YORK, NY 10001-3009
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 8, 2024
$30,000,000
Ridgeville Distribution Center LLC
Camp Hall Phase 4a Owner LLC
Limited Warranty Deed
—
Feb 23, 2024
$30,000,000
Ridgeville Distribution Center LLC
Camp Hall Phase 4a Owner LLC
Limited Warranty Deed
—
Jul 11, 2023
—
Camp Hall Phase 4a Owner LLC
—
Deed
related
$61,815 · Bmo Harris Bank NA
Feb 16, 2022
—
Altus Equity Group INC
South Carolina Public Service Autho
Agreement Of Sale
—
Feb 15, 2022
$9,401,000
Camp Hall Phase 4b Owner LLC
Camp Ball 4b Owner LLC
Limited Warranty Deed
—
Feb 15, 2022
$13,274,960
Camp Hall Phase 4a Owner LLC
Camp Hall 4a Owner LLC
Deed
—
Oct 25, 2021
$9,401,000
Camp Hall 4b Owner LLC
South Carolina Public Service Autho
Limited Warranty Deed
$5,143,233 · Georgia Banking Co
Sep 17, 2021
$13,274,960
Camp Hall 4a Owner LLC
Exeter Ridgeville Land LLC
Limited Warranty Deed
$7,267,874 · Georgia Banking Co
Sep 17, 2021
—
Camp Hall 4a Owner LLC
Exeter Ridgeville Land LLC
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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