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Property profile & analytics
OFF-MARKET
Showrooms
2877 State Rd, Summerville, SC 29486-2777
Entity Owned
6-yr Hold
Free & Clear
Property ID
US77-2938887
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Total area
2,172 SF
Lot
3.4 ac (148,104 SF)
Zoning code
BERKELEY COUNTY - FLEX1
APN
158-00-00-083
UPID
US77-2938887
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
by Request
Blend (final)
Blend
by Request
Owner & transaction history
L & N LLC · 6 yrs held
L & N LLC
since 2019
4 recorded transactions
Zoning & alternative use
BERKELEY COUNTY - FLEX1 · Summerville, SC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Summerville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Summerville 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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 2022Property tax & assessments
Tax year 2022
Tax billed
$3,358
Tax year 2022
Assessed value
$10,632
Assessed 2022
Previous assessed
$18,630
-42.9% YoY
Effective rate
31.58%
On assessed value
Assessed land
$7,332
Assessed improvement
$3,300
Land market value
$122,200
Improvement market value
$55,000
Total market value
$177,200
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Heating
NONE
Bathrooms
2
Total area
2,172 SF
Lot
3.4 ac (148,104 SF)
Zoning code
BERKELEY COUNTY - FLEX1
APN
158-00-00-083
UPID
US77-2938887
Jurisdiction
BERKELEY
Zoning & alternative use
BERKELEY COUNTY - FLEX1 · Summerville, SC
Zoning BERKELEY COUNTY - FLEX1 · permitted uses
BERKELEY COUNTY - FLEX1 · Summerville, SC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Summerville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Bathrooms
2
Lot
3.4 ac
Current owner
From public records · entity-resolved
L & N LLC
Entity
Free & Clear · 6 yrs held
Mailing address
230 S SMT DR, SENECA, SC 29672-2446
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 16, 2019
$310,000
L & N LLC
Thomas D Lee JR.
Grant Deed
—
Jun 10, 2008
$279,900
Thomas Lee
Hsbc Bank NA
Special Warranty Deed
$235,000 · Farmers & Merchants Bank Of Sc
Mar 28, 2008
$2,500
Suntrust Alternativ Trust 2006-1f
Master In Equity Of Berkeley Cnty
Trustees Deed
related
—
Jan 31, 2006
$312,000
Robbie H Clark
Marksberry,james L & Gloria E
Grant Deed
$249,600 · Bank Of Sc
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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