Back to Search
Property profile & analytics
OFF-MARKET
Auto shops
3538 Kates Bay Hwy Conway, SC 29527-6300
Individually Owned
11-yr Hold
Free & Clear
Property ID
US77-1954872
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
2000
Construction
METAL FRAME
Total area
3,040 SF
Lot
2.25 ac (98,010 SF)
Zoning code
FA
APN
369-15-01-0010
UPID
US77-1954872
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
John Cherpak · 11 yrs held
John Cherpak
since 2015
5 recorded transactions
Zoning & alternative use
FA · Conway, SC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The intent of the FA District is to establish and preserve areas designated for agriculture uses and passive recreational activities.
Zone name
Forest Agricultural
General category
AGRICULTURAL
Zone area
761.52 ac
Source
Realmo
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
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
$3,394
Tax year 2023
Assessed value
$13,061
Assessed 2023
Effective rate
25.99%
On assessed value
Assessed land
$8,107
Assessed improvement
$4,954
Land market value
$135,710
Improvement market value
$119,100
Total market value
$254,810
Applied tax rate
100.0000
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
2000
Construction
METAL FRAME
Heating
SOLAR
Cooling
CENTRAL
Total area
3,040 SF
Lot
2.25 ac (98,010 SF)
Zoning code
FA
APN
369-15-01-0010
UPID
US77-1954872
Jurisdiction
HORRY
Zoning & alternative use
FA · Conway, SCZoning FA · permitted uses
FA · Conway, SC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The intent of the FA District is to establish and preserve areas designated for agriculture uses and passive recreational activities.
Zone name
Forest Agricultural
General category
AGRICULTURAL
Zone area
761.52 ac
Source
Realmo
Building & site characteristics
From public records
Year built
2000
Construction
METAL FRAME
Heating
SOLAR
Cooling
Yes
Lot
2.25 ac
Current owner
From public records · entity-resolved
John Cherpak
Individual
Free & Clear · 11 yrs held
Mailing address
340 CAROLINA SPGS CT, CONWAY, SC 29527-5471
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 28, 2015
$125,000
John Cherpak
Conway Natl Bk
Grant Deed
—
Apr 11, 2012
$60,000
Conway Natl Bk
Master-in-equity Of Horry Cnty
One Of Committee, Strict Foreclosure, Sheriff, Or Redemption Deeds
related
—
Apr 6, 2009
$35,000
Cli Holdings LLC
Equipment & Tractor Svcs INC
Warranty Deed
related
—
Dec 21, 1999
$35,000
Equipment Tractor Svcs INC
—
Grant Deed
related
—
—
—
Cli Holdings LLC
—
Deed Of Trust
related
$30,000 · Crescent Bk
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 3538 Kates Bay Hwy?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
