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Property profile & analytics
OFF-MARKET
Estimated value
$595,000
Office Spaces
2361 Cypress Cir Conway, SC 29526-8921
Entity Owned
7-yr Hold
Free & Clear
Property ID
US77-1776731
Property profile
Verified
Property type
Office Spaces
Use group
CONDOMINIUM OFFICES
Year built
1984
Total area
3,000 SF
Zoning code
HC
APN
383-15-02-0028
UPID
US77-1776731
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
-
Dr. Aaron M. Epstein, MD Physician
-
Dr. Paul L. Sasser, MD Physician Hospital
-
Dr Gilbertas Rimkus MD FACS Physician
-
CMC Surgical Associates Medical Clinic Hospital
-
CMC Weight Loss Medical Clinic Hospital
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$460k
CAP Approach
CAP
$605k
Comparable Approach
Comparable
$598k
Blend (final)
Blend
$595k
Owner & transaction history
Conway Hosp INC · 7 yrs held
Conway Hosp INC
since 2019
5 recorded transactions
Zoning & alternative use
HC · Conway, SC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$950,000
+112.4%
Medical building
$905,000
+102.4%
Warehouse, storage
$640,000
+43.0%
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
$460,000
CAP Approach
CAP Return
Estimation
6%
$655,000
6.5%
$605,000
7%
$560,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$445,000
Current use
AUTO REPAIR, GARAGE
$950,000
Change: +112% · Conversion: Difficult
MEDICAL BUILDING
$905,000
Change: +102% · Conversion: Easy
WAREHOUSE, STORAGE
$640,000
Change: +43% · Conversion: Difficult
RETAIL STORES
$565,000
Change: +27% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$400,000
Change: -10% · Conversion: Difficult
Blend value · Realmo final
$595k
Range $536k – $655k · ±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
$198 / 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
$89
Tax year 2023
Assessed value
$32,136
Assessed 2023
Effective rate
0.28%
On assessed value
Assessed improvement
$32,136
Improvement market value
$535,600
Total market value
$535,600
Applied tax rate
100.0000
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 Spaces
Use group
CONDOMINIUM OFFICES
Status
Off-Market
Year built
1984
Heating
SOLAR
Cooling
CENTRAL
Total area
3,000 SF
Zoning code
HC
APN
383-15-02-0028
UPID
US77-1776731
Jurisdiction
HORRY
Zoning & alternative use
HC · Conway, SC
Zoning HC · permitted uses
HC · 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
$445,000
AUTO REPAIR, GARAGE
Est. value
$950,000
MEDICAL BUILDING
Est. value
$905,000
WAREHOUSE, STORAGE
Est. value
$640,000
RETAIL STORES
Est. value
$565,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$400,000
OFFICE BUILDING Current
AUTO REPAIR, GARAGE
MEDICAL BUILDING
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
1984
Heating
SOLAR
Cooling
Yes
Current owner
From public records · entity-resolved
Conway Hosp INC
Entity
Free & Clear · 7 yrs held
Mailing address
300 SINGLETON RDG RD, CONWAY, SC 29526-9142
Ownership since
2019
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
Feb 28, 2019
$1,095,000
Conway Hosp INC
Taz & Curley LLC
Warranty Deed
—
Mar 23, 2017
—
Taz & Curley LLC
—
Deed
related
$1,940,000 · Coastal Carolina Nat'l Bk
—
—
Taz & Curley LLC
—
Deed Of Trust
related
$1,940,000 · Coastal Carolina Nat'l Bk
—
—
Taz & Curley LLC
—
Deed Of Trust
related
$725,000 · Conway Nat'l Bk
—
—
Taz & Curley LLC
—
Deed Of Trust
related
$876,014 · Bank Of America
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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