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Property profile & analytics
OFF-MARKET
Estimated value
$440,000
Commercial real estate
3227 Walter Dr Ste C Johns Island, SC 29455-8171
Individually Owned
16-yr Hold
~
Est. High Equity
Property ID
US77-0333917
Property summary
AI-generated overview
This exceptional commercial land parcel, identified by APN 3130000286 & 3130000287, is situated at 3227 Walter Drive on Johns Island, Charleston County, South Carolina, zip code 29455. The property is zoned for commercial use and offers a fantastic opportunity for development. Currently listed at $175,000, this lot is ideally located within the Enterprise Center HPR business park. Plans have already been approved for the construction of a 1790 square foot building on this site, streamlining the development process and minimizing potential delays. The location provides excellent access to key transportation routes and amenities, making it an attractive proposition for a variety of commercial ventures. This ready-to-build lot presents a unique chance to establish a presence in a thriving Charleston County business park. The property's prime location and approved building plans make it an exceptional investment opportunity for those seeking a straightforward path to commercial development. Serious inquiries are encouraged to explore this promising land parcel further.
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL CONDOMINUIM
Year built
1997
Total area
3,975 SF
APN
313-00-00-291
UPID
US77-0333917
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
-
SEE Alternatives Wellness Wellness Program
-
Edisto Equine Clinic Veterinary Clinic
-
Helicopter Helmet.com Industrial Manufacturer Factory
-
SEE Alternatives Pediatrics Pediatrician Medical Clinic
-
ANGEL OAK COUNSELING Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$871k
Blend (final)
Blend
$440k
Owner & transaction history
Stephen C Marvin · 16 yrs held
Stephen C Marvin
since 2009
3 recorded transactions
Zoning & alternative use
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 Johns Island submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Johns Island 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
Blend value · Realmo final
$440k
Range $396k – $484k · ±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
$111 / 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
$4,297
Tax year 2023
Assessed value
$15,390
Assessed 2023
Previous assessed
$15,390
+0.0% YoY
Effective rate
27.92%
On assessed value
Land market value
$39,800
Improvement market value
$267,900
Total market value
$307,700
Applied tax rate
5.0000
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
Commercial real estate
Use group
COMMERCIAL CONDOMINUIM
Status
Off-Market
Year built
1997
Heating
HEAT PUMP
Stories
1
Total area
3,975 SF
APN
313-00-00-291
UPID
US77-0333917
Jurisdiction
CHARLESTON
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1997
Heating
HEAT PUMP
Stories
1
Current owner
From public records · entity-resolved
Stephen C Marvin
Individual
Mailing address
3227 WALTER DR, JOHNS ISLAND, SC 29455-8171
Ownership since
2009
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
Dec 17, 2009
$389,900
Stephen C Marvin
Johns Island Land Co Of Charlesto
Grant Deed
$320,729 · Regions Bank
Feb 22, 2006
$175,000
Johns Is Land Co Of Charleston Ll
Enterprise Center Dev LLC
Grant Deed
$270,000 · Carolina Fsb
—
—
Johns Island Land Co Of Charlesto
—
Deed Of Trust
related
$255,252 · Carolina Fsb
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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