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Property profile & analytics
OFF-MARKET
Estimated value
$6,620,000
Retail space
3353 Whwy 501 Conway, SC 29527
Trust Owned
8-yr Hold
Free & Clear
Property ID
US77-2979986
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2006
Construction
CONCRETE
Total area
24,360 SF
Lot
5.16 ac (224,770 SF)
Zoning code
HC
APN
326-09-03-0005
UPID
US77-2979986
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
$5.47M
Comparable Approach
Comparable
$7.09M
Blend (final)
Blend
$6.62M
Owner & transaction history
Exchangeright,net Lease 17 Dst Trust · 8 yrs held
Exchangeright,net Lease 17 Dst Trust
since 2017
7 recorded transactions
Zoning & alternative use
HC · Conway, SC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$10.1M
+111.3%
Restaurant
$8.6M
+79.6%
Commercial (general)
$8.3M
+73.7%
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 Conway submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Conway 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%
$5,920,000
6.5%
$5,465,000
7%
$5,075,000
Alternative Use
Use
Estimation
RETAIL STORES
$4,760,000
Current use
APARTMENT HOUSE (5+ UNITS)
$10,055,000
Change: +111% · Conversion: Difficult
RESTAURANT
$8,550,000
Change: +80% · Conversion: Easy
COMMERCIAL (GENERAL)
$8,265,000
Change: +74% · Conversion: Easy
AUTO REPAIR, GARAGE
$7,700,000
Change: +62% · Conversion: Difficult
MEDICAL BUILDING
$7,340,000
Change: +54% · Conversion: Difficult
WAREHOUSE, STORAGE
$5,185,000
Change: +9% · Conversion: Difficult
Blend value · Realmo final
$6.62M
Range $5.96M – $7.28M · ±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
$272 / 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
$66,259
Tax year 2023
Assessed value
$243,599
Assessed 2023
Previous assessed
$243,599
+0.0% YoY
Effective rate
27.20%
On assessed value
Assessed land
$53,945
Assessed improvement
$189,654
Land market value
$899,090
Improvement market value
$3,160,900
Total market value
$4,059,990
Applied tax rate
110.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2006
Construction
CONCRETE
Heating
SOLAR
Cooling
CENTRAL
Stories
1
Rooms
5
Bathrooms
1
Total area
24,360 SF
Lot
5.16 ac (224,770 SF)
Zoning code
HC
APN
326-09-03-0005
UPID
US77-2979986
Jurisdiction
HORRY
Zoning & alternative use
HC · Conway, SC
Zoning HC · permitted uses
HC · Conway, SC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Conway. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$4.8M
APARTMENT HOUSE (5+ UNITS)
Est. value
$10.1M
RESTAURANT
Est. value
$8.6M
COMMERCIAL (GENERAL)
Est. value
$8.3M
AUTO REPAIR, GARAGE
Est. value
$7.7M
MEDICAL BUILDING
Est. value
$7.3M
WAREHOUSE, STORAGE
Est. value
$5.2M
RETAIL STORES Current
APARTMENT HOUSE (5+ UNITS)
RESTAURANT
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
MEDICAL BUILDING
WAREHOUSE, STORAGE
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
2006
Construction
CONCRETE
Heating
SOLAR
Cooling
Yes
Stories
1
Rooms
5
Bathrooms
1
Lot
5.16 ac
Current owner
From public records · entity-resolved
Exchangeright,net Lease 17 Dst Trust
Trust
Free & Clear · 8 yrs held
Mailing address
PO BOX 60308, PASADENA, CA 91116-6308
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 22, 2017
—
Exchangeright,net Lease 17 Dst Trust
Exchangeright Net Leased Portf
Quit Claim Deed
related
—
Aug 17, 2017
$5,223,074
Exchangeright Net Leased Portf
Steadfast Op Conway LLC
Grant Deed
$36,860,000
May 26, 2017
$4,515,000
Steadfast Op Conway LLC
Jaygee Realty Co
Grant Deed
$3,775,000 · Veritex Cmnty Bk
Jul 26, 2007
$4,008,000
Jaygee Realty Co
Tkc Lxxxii LLC
Grant Deed
—
Aug 17, 2005
$780,000
Tkc Lxxxii LLC
Worsley Jp LLC
Grant Deed
—
Aug 17, 2005
—
Tkc Lxxxii LLC
Worsley Jp LLC
Quit Claim Deed
related
$2,900,000 · Branch Bk&tr
Jan 15, 2004
$562,500
Worsley Jp LLC
—
Grant Deed
related
—
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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