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Property profile & analytics
OFF-MARKET
Estimated value
$4,895,000
Warehouses
298 Red Cedar St, Bluffton, SC 29910-8943
Entity Owned
13-yr Hold
Free & Clear
Property ID
US77-0649191
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2008
Total area
33,680 SF
Lot
4.37 ac (190,357 SF)
Zoning code
6606
APN
R610 031 000 1394 0000
UPID
US77-0649191
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
-
Extra Space Storage Storage Facility
-
WELLINGTON PARTY RENTAL Party Supply Store Rental Equipment Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.90M
Blend (final)
Blend
$4.90M
Owner & transaction history
Ssti 298 Red Cedar St LLC · 13 yrs held
Ssti 298 Red Cedar St LLC
since 2012
6 recorded transactions
Zoning & alternative use
6606 · Bluffton, SC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$5.6M
+21.8%
Apartment house (5+ units)
$5.4M
+17.0%
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 Bluffton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bluffton 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
WAREHOUSE, STORAGE
$4,610,000
Current use
RETAIL STORES
$5,615,000
Change: +22% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$5,395,000
Change: +17% · Conversion: Difficult
Blend value · Realmo final
$4.90M
Range $4.41M – $5.38M · ±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
$145 / 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
$68,299
Tax year 2023
Assessed value
$232,160
Assessed 2023
Previous assessed
$201,880
+15.0% YoY
Effective rate
29.42%
On assessed value
Land market value
$1,773,500
Improvement market value
$2,715,700
Total market value
$4,489,200
Applied tax rate
610.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
2008
Heating
NONE
Buildings
8
Total area
33,680 SF
Lot
4.37 ac (190,357 SF)
Zoning code
6606
APN
R610 031 000 1394 0000
UPID
US77-0649191
Jurisdiction
BEAUFORT
Zoning & alternative use
6606 · Bluffton, SC
Zoning 6606 · permitted uses
6606 · Bluffton, SC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Bluffton. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$4.6M
RETAIL STORES
Est. value
$5.6M
APARTMENT HOUSE (5+ UNITS)
Est. value
$5.4M
WAREHOUSE, STORAGE Current
RETAIL STORES
APARTMENT HOUSE (5+ UNITS)
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
2008
Heating
NONE
Buildings
8
Lot
4.37 ac
Current owner
From public records · entity-resolved
Ssti 298 Red Cedar St LLC
Entity
Free & Clear · 13 yrs held
Mailing address
PO BOX 71870, SALT LAKE CITY, UT 84171-0870
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 24, 2012
$4,992,500
Ssti 298 Red Cedar St LLC
Stockade Storage Of Charleston Ll
Grant Deed
—
Jun 25, 2010
$2,529,000
Stockade Storage Of Charleston Ll
Parkway Self Storage LLC
Grant Deed
—
May 10, 2007
—
Cedar Street Storage LLC
Dolnik,james H
Grant Deed
related
—
Apr 25, 2007
$1,267,400
James H Dolnik
Quinnco-damico Shults LLC
Grant Deed
$3,882,750 · First Chatham Bank
—
—
Ssti 298 Red Cedar St LLC
—
Deed Of Trust
related
$18,200,000 · Citigroup Global Markets Realt
—
—
Cedar Street Storage LLC
—
Deed Of Trust
related
$5,100,000 · National Bank South Carolina
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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