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Property profile & analytics
OFF-MARKET
Estimated value
$530,000
Warehouses
2278 Emery Rd, Loris, SC 29569
Individually Owned
19-yr Hold
Absentee Owner
Free & Clear
Property ID
US77-1129234
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2002
Total area
2,400 SF
Lot
1.26 ac (54,886 SF)
Zoning code
RZ
APN
269-01-02-0002
UPID
US77-1129234
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
$465k
CAP Approach
CAP
$575k
Comparable Approach
Comparable
$623k
Blend (final)
Blend
$530k
Owner & transaction history
Gause,william K · 19 yrs held
Gause,william K
since 2006
6 recorded transactions
Zoning & alternative use
RZ · Loris, SC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$760,000
+72.8%
Medical building
$725,000
+64.7%
Office building
$540,000
+22.6%
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 Loris submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Loris 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
$465,000
CAP Approach
CAP Return
Estimation
6%
$625,000
6.5%
$575,000
7%
$535,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$440,000
Current use
AUTO REPAIR, GARAGE
$760,000
Change: +73% · Conversion: Easy
MEDICAL BUILDING
$725,000
Change: +65% · Conversion: Difficult
OFFICE BUILDING
$540,000
Change: +23% · Conversion: Difficult
Blend value · Realmo final
$530k
Range $477k – $583k · ±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
$221 / 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
$1,563
Tax year 2023
Assessed value
$6,336
Assessed 2023
Effective rate
24.67%
On assessed value
Assessed land
$1,837
Assessed improvement
$4,499
Land market value
$32,080
Improvement market value
$106,900
Total market value
$138,980
Applied tax rate
260.0000
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
2002
Heating
SOLAR
Cooling
CENTRAL
Buildings
2
Total area
2,400 SF
Lot
1.26 ac (54,886 SF)
Zoning code
RZ
APN
269-01-02-0002
UPID
US77-1129234
Jurisdiction
HORRY
Zoning & alternative use
RZ · Loris, SC
Zoning RZ · permitted uses
RZ · Loris, SC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Loris. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$440,000
AUTO REPAIR, GARAGE
Est. value
$760,000
MEDICAL BUILDING
Est. value
$725,000
OFFICE BUILDING
Est. value
$540,000
WAREHOUSE, STORAGE Current
AUTO REPAIR, GARAGE
MEDICAL BUILDING
OFFICE BUILDING
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
2002
Heating
SOLAR
Cooling
Yes
Buildings
2
Lot
1.26 ac
Current owner
From public records · entity-resolved
Gause,william K
Individual
Free & Clear · 19 yrs held
Mailing address
4420 RED BLF RD, LORIS, SC 29569-6306
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2006
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 1, 2006
$35,000
Gause,william K
Kenneth J Gause
Grant Deed
related
—
Aug 18, 2006
—
Gause,kenneth J & Norma J G
Kenneth J Gause
Quit Claim Deed
related
—
Dec 20, 2000
—
Kenneth J Gause II
—
Deed Of Trust
related
—
—
—
Gause,kenneth J II
—
Deed Of Trust
related
$30,000 · Branch Bk&tr/sc
—
—
Gause,kenneth J II
—
Deed Of Trust
related
$71,000 · First Fed'l S&l/charleston
—
—
Gause,kenneth J II
—
Deed Of Trust
related
$60,000 · First Fed'l S&l/charleston
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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