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Property profile & analytics
OFF-MARKET
Estimated value
$2,825,000
Medical Office Space
299 Midland Pkwy Summerville, SC 29485-8104
Entity Owned
2-yr Hold
Free & Clear
Property ID
US77-0426108
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1989
Construction
FRAME
Total area
8,596 SF
Lot
0.83 ac (36,155 SF)
Zoning code
GB_SV
APN
154-13-06-003
UPID
US77-0426108
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
-
Wilson Meredith B Physician
-
David Baggett, MD Pediatrician Physician
-
Dr. Ellen Sanders Pediatrician Physician
-
Summerville Primary Care PA Pediatrician Physician
-
Dr. Vito Speciale Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.83M
CAP Approach
CAP
$2.61M
Comparable Approach
Comparable
$2.04M
Blend (final)
Blend
$2.83M
Owner & transaction history
Trident Medical Center LLC · 2 yrs held
Trident Medical Center LLC
since 2024
Last sale
$2.8M
3 recorded transactions
Zoning & alternative use
GB_SV · Summerville, SC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$2.9M
+18.2%
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
Method
Estimation
Statistic approach
$2,825,000
ML approach
$2,825,000
CAP Approach
CAP Return
Estimation
6%
$2,830,000
6.5%
$2,610,000
7%
$2,425,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$2,415,000
Current use
COMMERCIAL (GENERAL)
$2,855,000
Change: +18% · Conversion: Easy
OFFICE BUILDING
$2,300,000
Change: -5% · Conversion: Easy
Blend value · Realmo final
$2.83M
Range $2.54M – $3.11M · ±10% · vs last sale $2.83M (Feb 1 2024)
Last sale anchor
$2.83M
Feb 1 2024
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
$329 / 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
$30,416
Tax year 2023
Assessed value
$77,364
Assessed 2023
Previous assessed
$77,364
+0.0% YoY
Effective rate
39.32%
On assessed value
Assessed land
$19,524
Assessed improvement
$57,840
Land market value
$325,400
Improvement market value
$964,000
Total market value
$1,289,400
Applied tax rate
271.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1989
Construction
FRAME
Heating
NONE
Cooling
NONE
Stories
1
Total area
8,596 SF
Lot
0.83 ac (36,155 SF)
Zoning code
GB_SV
APN
154-13-06-003
UPID
US77-0426108
Jurisdiction
DORCHESTER
Zoning & alternative use
GB_SV · Summerville, SC
Zoning GB_SV · permitted uses
GB_SV · 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.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$2.4M
COMMERCIAL (GENERAL)
Est. value
$2.9M
OFFICE BUILDING
Est. value
$2.3M
MEDICAL BUILDING Current
COMMERCIAL (GENERAL)
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
1989
Construction
FRAME
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.83 ac
Current owner
From public records · entity-resolved
Trident Medical Center LLC
Entity
Free & Clear · 2 yrs held
Mailing address
1 PARK PLZ, NASHVILLE, TN 37203-6527
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 1, 2024
$2,825,000
Trident Medical Center LLC
Bel Investments LLC
Deed
—
Sep 15, 2020
—
Bel Investments LLC
—
Deed
related
$1,075,000 · Bank Of Sc
—
—
Bel Investments LLC
—
Deed Of Trust
related
$1,075,000 · 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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