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Property profile & analytics
OFF-MARKET
Estimated value
$1,065,000
Office Spaces
2623 Fraser St Georgetown, SC 29440-4374
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US77-1985624
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
2009
Construction
BRICK
Total area
7,597 SF
Lot
1.4 ac (60,984 SF)
APN
05-0047-004-00-00
UPID
US77-1985624
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
-
Fresenius Kidney Care Winyah Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.19M
Comparable Approach
Comparable
$1.03M
Blend (final)
Blend
$1.07M
Owner & transaction history
Smbc Leasing And Finance INC · 1 yrs held
Smbc Leasing And Finance INC
since 2025
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.2M
+89.1%
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 Georgetown submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Georgetown 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
by Request
CAP Approach
CAP Return
Estimation
6%
$1,280,000
6.5%
$1,185,000
7%
$1,100,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$660,000
Current use
RESTAURANT
$1,245,000
Change: +89% · Conversion: Difficult
Blend value · Realmo final
$1.07M
Range $959k – $1.17M · ±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
$140 / 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
$18,289
Tax year 2023
Assessed value
$52,450
Assessed 2023
Previous assessed
$52,450
+0.0% YoY
Effective rate
34.87%
On assessed value
Assessed land
$14,310
Assessed improvement
$38,140
Land market value
$238,500
Improvement market value
$635,600
Total market value
$874,100
Applied tax rate
5.0000
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
OFFICE (GENERAL)
Status
Off-Market
Year built
2009
Construction
BRICK
Heating
NONE
Stories
1
Total area
7,597 SF
Lot
1.4 ac (60,984 SF)
APN
05-0047-004-00-00
UPID
US77-1985624
Jurisdiction
GEORGETOWN
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
COMMERCIAL (GENERAL) Current
Est. value
$660,000
RESTAURANT
Est. value
$1.2M
COMMERCIAL (GENERAL) Current
RESTAURANT
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
2009
Construction
BRICK
Heating
NONE
Stories
1
Lot
1.4 ac
Current owner
From public records · entity-resolved
Smbc Leasing And Finance INC
Entity
Mailing address
OVERLAND PARK, KS 66223
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 16, 2025
$2,276,395
Smbc Leasing And Finance INC
Steven Alan Henry
Deed
related
—
Jun 27, 2025
—
Provident Trust Group LLC
Provident Trust Group LLC
Quitclaim Deed
related
—
Jan 20, 2016
—
Henry,dorothy Trust
Henry,dorothy
Quit Claim Deed
related
—
Mar 13, 2013
$800,000
Cooper J A
Rockwell Debt-free Props INC
Grant Deed
—
Mar 13, 2013
$200,000
James T Davis JR.
Rockwell Debt-free Props INC
Grant Deed
—
Mar 13, 2013
$72,450
Vivian Clark Commons
Rockwell Debt-free Props INC
Grant Deed
—
Mar 13, 2013
$250,000
Dorothy Henry
Rockwell Debt-free Props INC
Grant Deed
—
Mar 13, 2013
$100,000
Alan Grimm
Rockwell Debt-free Props INC
Grant Deed
—
Mar 13, 2013
$194,650
Ourusoff Serge Living Trust
Rockwell Debt-free Props INC
Grant Deed
—
Mar 13, 2013
$58,427
Ja Cooper INC
Rockwell Debt-free Props INC
Grant Deed
—
Sep 4, 2008
—
Mmg Winyah LLC
Grace Family Properties LLC
Deed
$267,260 · Branch Banking And Trust Co
Sep 4, 2008
$265,000
Grace Family Properties LLC
Supina,eric M
Warranty 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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