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Property profile & analytics
OFF-MARKET
Estimated value
$685,000
Strip malls
340 Hwy 701st N Loris, SC 29569-2464
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US77-1705448
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2002
Construction
CONCRETE
Total area
7,700 SF
Lot
0.68 ac (29,621 SF)
Zoning code
R-Z
APN
176-12-02-0032
UPID
US77-1705448
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
$688k
Blend (final)
Blend
$685k
Owner & transaction history
Rattlesnake Props LLC · 6 yrs held
Rattlesnake Props LLC
since 2020
Last sale
$560,000
6 recorded transactions
Zoning & alternative use
R-Z · Loris, 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 Loris submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Loris 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
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$1,030,000
Current use
Blend value · Realmo final
$685k
Range $617k – $754k · ±10% · vs last sale $560k (Feb 28 2020)
Last sale anchor
$560k
Feb 28 2020
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
$89 / 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
$6,548
Tax year 2023
Assessed value
$23,898
Assessed 2023
Previous assessed
$23,898
+0.0% YoY
Effective rate
27.40%
On assessed value
Assessed land
$7,320
Assessed improvement
$16,578
Land market value
$122,000
Improvement market value
$276,300
Total market value
$398,300
Applied tax rate
220.0000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
2002
Construction
CONCRETE
Heating
SOLAR
Cooling
CENTRAL
Total area
7,700 SF
Lot
0.68 ac (29,621 SF)
Zoning code
R-Z
APN
176-12-02-0032
UPID
US77-1705448
Jurisdiction
HORRY
Zoning & alternative use
R-Z · Loris, SC
Zoning R-Z · permitted uses
R-Z · Loris, SC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Loris. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$1.0M
NEIGHBORHOOD: SHOPPING CENTER Current
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
2002
Construction
CONCRETE
Heating
SOLAR
Cooling
Yes
Lot
0.68 ac
Current owner
From public records · entity-resolved
Rattlesnake Props LLC
Entity
Mailing address
PO BOX 13225, FLORENCE, SC 29504-3225
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 28, 2020
$560,000
Rattlesnake Props LLC
Michael J Raptis
Warranty Deed
$1,000,000 · Anderson Brothers Bk
Sep 7, 2006
$700,000
Raptis,michael J & Michelle M
Nshe Malibu LLC
Grant Deed
—
Jul 21, 2006
$700,000
Nshe Malibu LLC
Michael S Watford SR.
Grant Deed
—
May 3, 2005
$475,000
Watford,michael S SR
Dwd INC
Grant Deed
—
Feb 23, 2001
—
Dwd INC
—
Trustees Deed
related
—
Nov 16, 2000
$90,000
Jimmy Dale Wilson
—
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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