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Property profile & analytics
OFF-MARKET
Estimated value
$19,460,000
Strip malls
2427 Charleston Hwy Cayce, SC 29033-1709
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US77-1015418
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1978
Total area
92,047 SF
Lot
9.73 ac (423,839 SF)
Zoning code
C3
APN
005760-02-002
UPID
US77-1015418
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
by Request
CAP Approach
CAP
$20.41M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$19.46M
Owner & transaction history
Dsp Edenwood LLC · 3 yrs held
Dsp Edenwood LLC
since 2023
Last sale
$19.7M
5 recorded transactions
Zoning & alternative use
C3 · Cayce, SC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
City of Cayce
Top alternative use upside
Restaurant
$22.1M
+126.2%
Medical building
$16.9M
+72.3%
Office building
$12.3M
+26.0%
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 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
$18,000,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$22,110,000
6.5%
$20,410,000
7%
$18,955,000
Alternative Use
Use
Estimation
RESTAURANT
$22,125,000
Change: +126% · Conversion: Difficult
MEDICAL BUILDING
$16,855,000
Change: +72% · Conversion: Difficult
OFFICE BUILDING
$12,320,000
Change: +26% · Conversion: Moderate
Blend value · Realmo final
$19.46M
Range $17.51M – $21.41M · ±10% · vs last sale $19.71M (Jun 29 2023)
Last sale anchor
$19.71M
Jun 29 2023
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
$211 / 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
$98,883
Tax year 2023
Assessed value
$278,093
Assessed 2023
Previous assessed
$278,093
+0.0% YoY
Effective rate
35.56%
On assessed value
Assessed land
$31,642
Assessed improvement
$246,451
Land market value
$527,367
Improvement market value
$4,107,509
Total market value
$4,634,876
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1978
Heating
CENTRAL
Bathrooms
1
Total area
92,047 SF
Lot
9.73 ac (423,839 SF)
Zoning code
C3
APN
005760-02-002
UPID
US77-1015418
Jurisdiction
LEXINGTON
Zoning & alternative use
C3 · Cayce, SCZoning C3 · permitted uses
C3 · 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
RESTAURANT
Est. value
$22.1M
MEDICAL BUILDING
Est. value
$16.9M
OFFICE BUILDING
Est. value
$12.3M
RESTAURANT
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
1978
Heating
CENTRAL
Bathrooms
1
Lot
9.73 ac
Current owner
From public records · entity-resolved
Dsp Edenwood LLC
Entity
Mailing address
44345 PREMIER PLZ STE #120, ASHBURN, VA 20147-5054
Ownership since
2023
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
Jun 29, 2023
$19,710,000
Dsp Edenwood LLC
Wrh Edenwood Lllp
Limited Warranty Deed
$14,555,000 · Berkadia Commercial Mortgage LLC
Mar 23, 2023
—
Open Space Institute Land Trust INC
Sandhills Mitigation Property LLC
Quit Claim Deed
related
—
Aug 19, 2022
$5,000
Wrh Edenwood Lllp
Avtex Eclenwood Associates LLC
Limited Warranty Deed
—
Nov 19, 2021
—
Avtex Edenwood Associates LLC
—
Deed
related
$3,390,000 · Community First Bank
Sep 16, 2011
—
Avtex Edenwood Associates LLC
Robert S Small JR
Limited Warranty Deed
$10,000,000 · Citigroup Global Markets Realty Corp
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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