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Property profile & analytics
OFF-MARKET
Estimated value
$2,800,000
Automotive properties
2761 Hwy 501 Conway, SC 29526-9512
Entity Owned
14-yr Hold
Absentee Owner
Free & Clear
Property ID
US77-2008539
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Year built
2013
Construction
STEEL FRAME
Total area
14,186 SF
Lot
5.62 ac (244,807 SF)
Zoning code
HC
APN
383-13-04-0001
UPID
US77-2008539
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
by Request
Comparable Approach
Comparable
$2.38M
Blend (final)
Blend
$2.80M
Owner & transaction history
Coastal Investment Ptrs LLC · 14 yrs held
Coastal Investment Ptrs LLC
since 2012
7 recorded transactions
Zoning & alternative use
HC · Conway, SC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The intent of the HC District is to provide compatible locations to serve the automobile oriented commercial activities in harmony with major highway developments, reduce traffic congestions and to enhance the aesthetic atmosphere of the City.
Zone name
Highway Commercial
General category
COMMERCIAL
Zone area
957.28 ac
Source
Realmo
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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$4,485,000
Current use
MEDICAL BUILDING
$4,275,000
Change: -5% · Conversion: Difficult
Blend value · Realmo final
$2.80M
Range $2.52M – $3.08M · ±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
$197 / 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
$20,777
Tax year 2023
Assessed value
$87,995
Assessed 2023
Previous assessed
$87,995
+0.0% YoY
Effective rate
23.61%
On assessed value
Assessed land
$34,189
Assessed improvement
$53,806
Land market value
$955,000
Improvement market value
$1,258,900
Total market value
$2,213,900
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
Automotive properties
Use group
VEHICLE SALES, RENTALS
Status
Off-Market
Year built
2013
Construction
STEEL FRAME
Heating
NONE
Total area
14,186 SF
Lot
5.62 ac (244,807 SF)
Zoning code
HC
APN
383-13-04-0001
UPID
US77-2008539
Jurisdiction
HORRY
Zoning & alternative use
HC · Conway, SCZoning HC · permitted uses
HC · Conway, SC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The intent of the HC District is to provide compatible locations to serve the automobile oriented commercial activities in harmony with major highway developments, reduce traffic congestions and to enhance the aesthetic atmosphere of the City.
Zone name
Highway Commercial
General category
COMMERCIAL
Zone area
957.28 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE Current
Est. value
$4.5M
MEDICAL BUILDING
Est. value
$4.3M
AUTO REPAIR, GARAGE Current
MEDICAL 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
2013
Construction
STEEL FRAME
Heating
NONE
Lot
5.62 ac
Current owner
From public records · entity-resolved
Coastal Investment Ptrs LLC
Entity
Free & Clear · 14 yrs held
Mailing address
9146 OCEAN HWY W, CALABASH, NC 28467-2124
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
16 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 29, 2022
—
Coastal Investment Partners Ll
—
Deed
related
$2,500,000 · Anderson Brothers Bank
Oct 23, 2020
—
Coastal Inv Ptrs Ll
—
Deed
related
$5,000,000 · Westlake Cap Fin
Mar 20, 2019
—
Coastal Inv Ptrs Ll
—
Deed
related
$450,000 · United Cmnty Bk
Jul 22, 2016
—
Coastal Invs Ptrs LLC
—
Deed
related
$830,000 · Horry Cnty St Bk
Jul 11, 2012
$325,000
Coastal Investment Ptrs LLC
Pinnacle Dev Co 2 LLC
Grant Deed
—
Jun 25, 2012
$325,000
Coastal Investment Ptrs LLC
Pinnacle Dev Co 2 LLC
Warranty Deed
$275,000 · Pinnacle Dev Co #2 LLC
Apr 2, 2009
$415,094
Pinnacle Dev Co No 2 LLC
James G Rice
Grant Deed
—
Feb 14, 2005
—
Nextmedia Outdoor INC
Strand Storage Associates
Grant Deed
related
—
Nov 1, 2004
$780,000
Rice,james G
Jcb Investment Group
Warranty Deed
$780,000 · Beach First Nat'l Bk
Nov 1, 2004
—
Jcb Investment Group
Godfrey & Associates
Warranty Deed
related
—
—
—
Coastal Inv Ptrs Ll
—
Deed Of Trust
related
$450,000 · United Cmnty Bk
—
—
Coastal Investment Ptrs LLC
—
Deed Of Trust
related
$960,000 · Sandhills Bk
—
—
Coastal Invs Ptrs LLC
—
Deed Of Trust
related
$830,000 · Horry Cnty St Bk
—
—
Rice,james G
—
Deed Of Trust
related
$1,830,000 · Beach First Nat'l Bk
—
—
Coastal Inv Ptrs Ll
—
Deed Of Trust
related
$5,000,000 · Westlake Cap Fin
—
—
Pinnacle Dev Co No 2 LLC
—
Deed Of Trust
related
$2,400,000 · Horry Cnty St Bk
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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