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Property profile & analytics
OFF-MARKET
Bars & Pubs
3007 Hwy 378 Gilbert, SC 29054-8809
Individually Owned
1-yr Hold
Free & Clear
Property ID
US77-1074223
Property profile
Verified
Property type
Bars & Pubs
Use group
NIGHTCLUB (COCKTAIL LOUNGE)
Year built
1965
Total area
3,148 SF
Lot
0.65 ac (28,314 SF)
Zoning code
RD
APN
003000-03-001
UPID
US77-1074223
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
Kenneth Brooks Ford · 1 yrs held
Kenneth Brooks Ford
since 2025
Last sale
$240,000
7 recorded transactions
Zoning & alternative use
RD · Gilbert, 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 Gilbert submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Gilbert 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 2023Property tax & assessments
Tax year 2023
Tax billed
$6,267
Tax year 2023
Assessed value
$14,400
Assessed 2023
Previous assessed
$14,400
+0.0% YoY
Effective rate
43.52%
On assessed value
Assessed land
$2,706
Assessed improvement
$11,694
Land market value
$45,100
Improvement market value
$194,900
Total market value
$240,000
Applied tax rate
3.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Bars & Pubs
Use group
NIGHTCLUB (COCKTAIL LOUNGE)
Status
Off-Market
Year built
1965
Heating
FORCED AIR
Bathrooms
2
Total area
3,148 SF
Lot
0.65 ac (28,314 SF)
Zoning code
RD
APN
003000-03-001
UPID
US77-1074223
Jurisdiction
LEXINGTON
Zoning & alternative use
RD · Gilbert, SC
Zoning RD · permitted uses
RD · Gilbert, SC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Gilbert. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1965
Heating
FORCED AIR
Bathrooms
2
Lot
0.65 ac
Current owner
From public records · entity-resolved
Kenneth Brooks Ford
Individual
Free & Clear · 1 yrs held
Mailing address
3007 HWY 378, GILBERT, SC 29054-8809
Mailing matches property
Yes
Owner-occupied
Yes
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 28, 2025
—
Kenneth Brooks Ford
Boondocks Social Club LLC
Deed
—
Jan 28, 2025
$169,000
Murphys Management LLC
Kenneth Brooks Ford
Deed
—
Aug 19, 2022
$240,000
Boondocks Social Club LLC
First National Acceptance Company
Deed
—
Jun 11, 2018
$84,000
First Natl Acceptance Co
Kitchings,frank E
Grant Deed
—
Jul 31, 2017
$240,100
Boondocks Social Club LLC
Kitchings,frank E
Dual Purpose Document
related
$230,000 · Frank E Kitchings
Mar 20, 2008
$195,000
Frank E Kitchings
Mcclain,c Michael & Julie L
Grant Deed
$142,500 · C Michael & Julie L Mcclain
—
—
Mcclain C M
—
Deed Of Trust
related
$50,000 · Julius L Brazell
—
—
Mcclain C M
—
Deed Of Trust
related
$165,000 · Timothy E & Stephanie W Lucas
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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