Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    307 Old Trolley Rd Summerville, SC 29485-4926

    • Commercial real estate
    • 4.27 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US77-1412327
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • John Price Law Firm / Law Firm
    • John Price Law Firm, LLC / Law Firm

    Property Details for 307 Old Trolley Rd

    Lot size
    4.27 lot acres
    Zone code
    UCMX_SV
    Property type
    Commercial real estate
    APN
    145-11-05-040
    APU
    1451105040

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Summerville
    County
    Dorchester
    State
    South Carolina
    Longitude
    -80.1787
    Latitude
    32.9907
    CBSA code
    16700
    CBSA name
    CHARLESTON-NORTH CHARLESTON, SC METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $5,183
    $61,488
    $0.00
    $61,488
    -
    $1,024,800
    $0.00
    $1,024,800

    Comparable in this City

    • Value Estimation by Request
      0.07 Acres

      9880 Dorchester Rd

      COMMERCIAL (GENERAL) • 0.07 Acres
      9880 Dorchester Rd, Summerville, SC 29485-8545
      View Details
    • Value Estimation by Request
      5.31 Acres

      Gilpen Ct

      COMMERCIAL (GENERAL) • 5.31 Acres
      Gilpen Ct, Summerville, SC 29485
      View Details
    • Value Estimation by Request
      0.84 Acres

      Springview Ln

      COMMERCIAL (GENERAL) • 0.84 Acres
      Springview Ln, Summerville, SC 29485
      View Details
    • Value Estimation by Request
      1.43 Acres

      763 Travelers Blvd

      COMMERCIAL (GENERAL) • 1.43 Acres
      763 Travelers Blvd, Summerville, SC 29485-8796
      View Details
    • Value Estimation by Request
      4.95 Acres

      Berlin G Myers Pkwy

      COMMERCIAL (GENERAL) • 4.95 Acres
      Berlin G Myers Pkwy, Summerville, SC 29485
      View Details
    • Value Estimation by Request
      0.04 Acres

      Summerville, SC 29485

      COMMERCIAL (GENERAL) • 0.04 Acres
      Summerville, SC 29485
      View Details

    Similar Nearby for Sale

    • $1,000,000
      1 SF

      Dorchester Road Outparcel Opportunity

      Outparcel property near Tractor Supply, ideal for retail use.
      10524 Dorchester Rd, Summerville, SC 29485
      View Details
    • $1,700,000
      15.81 Acres

      Legend Oaks Plantation Land Opportunity

      15.81 acres in prime Summerville location, endless possibilities.
      Legacy Ln, Summerville, SC 29485
      View Details
    • $750,000

      Commercial Land Assemblage For Sale

      Commercial zoned 3-acre assemblage in transformative Summerville area.
      5090 Ashley River Rd, Summerville, SC 29485
      View Details
    • $399,000

      Commercial Property in Summerville, SC

      Versatile commercial property on .29 acres, endless potential.
      10562 Dorchester Rd, Summerville, SC 29485
      View Details
    • $740,000
      4,000 SF

      Summerville Quadplex: Investment Opportunity

      Well-maintained quadplex in Summerville with immediate cash flow potential.
      121 Langley Dr, Summerville, SC 29485
      View Details
    • $675,000
      4,010 SF

      Summerville Quadplex: Investment Opportunity

      Well-maintained quadplex in a convenient Summerville location.
      105 Magwood Dr, Summerville, SC 29485
      View Details

    Similar Nearby for Lease

    • $22 SF/Yr
      56,780 SF

      Dorchester Road Retail Space

      Summerville, SC storefront retail opportunity.
      10150 Dorchester Rd, Summerville, SC 29485
      View Details
    • $0.19 SF/Yr
      1,530 SF

      Hwy 78 Office & Yard Lease

      Newly renovated office & 1.8-acre yard.
      10573 Us-78, Summerville, SC 29485
      View Details
    • Contact for pricing
      4,972 SF

      Turnkey Restaurant Space Available

      Fully equipped restaurant space adaptable for various retail uses.
      9976 Dorchester Rd, Summerville, SC 29485
      View Details
    • $18 SF/Yr
      700 SF

      Summerville Office Space Available

      700 SF office space for lease in Summerville, SC.
      768 Travelers Blvd, Summerville, SC 29485
      View Details
    • Contact for pricing

      Retail Space in Growing Community

      Retail space available in a rapidly growing suburban community.
      4488 Ladson Rd, Summerville, SC 29485
      View Details
    • $20 SF/Yr
      33,468 SF

      Trolley Square Center Retail Space

      Summerville, SC retail spaces available.
      1525 Old Trolley Rd, Summerville, SC 29485
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    307 Old Trolley Rd
    Summerville, SC 29485-4926
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.