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Property profile & analytics
OFF-MARKET
Estimated value
$9,775,000
Office buildings
3600 Rivers Ave North Charleston, SC 29405-7747
Entity Owned
5-yr Hold
Absentee Owner
Free & Clear
Property ID
US77-1476301
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1970
Total area
29,568 SF
Lot
11.98 ac (521,849 SF)
APN
469-07-00-001
UPID
US77-1476301
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
$11.22M
Blend (final)
Blend
$9.78M
Owner & transaction history
Navy Hospital Partners LP · 5 yrs held
Navy Hospital Partners LP
since 2020
7 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 North Charleston submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs North Charleston 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
OFFICE BUILDING
$11,220,000
Current use
Blend value · Realmo final
$9.78M
Range $8.80M – $10.75M · ±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
$331 / 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
$5,305
Tax year 2023
Previous assessed
$300,000
Land market value
$4,750,000
Improvement market value
$2,750,000
Total market value
$7,500,000
Applied tax rate
4.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1970
Heating
NONE
Stories
9
Total area
29,568 SF
Lot
11.98 ac (521,849 SF)
APN
469-07-00-001
UPID
US77-1476301
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
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$11.2M
OFFICE BUILDING 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
1970
Heating
NONE
Stories
9
Lot
11.98 ac
Current owner
From public records · entity-resolved
Navy Hospital Partners LP
Entity
Free & Clear · 5 yrs held
Mailing address
1360 TRUXTUN AVE STE #200, CHARLESTON, SC 29405-2046
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 31, 2020
$7,500,000
Navy Hospital Partners LP
Charleston County
Grant Deed
—
Nov 9, 2017
$33,000,000
Charleston County
Chicora Life Center Lc
Quit Claim Deed
related
—
Jun 17, 2016
—
Chicora Life Center Lc
—
Deed
related
$5,320,000 · Antion Fin'l Lc
May 11, 2016
—
Chicora Life Center Lc
—
Deed
related
$5,150,000 · Antion Fin'l Lc
Aug 28, 2014
—
Chicora Life Center Lc
Chicora Gardens Holdings LLC
Quit Claim Deed
related
$10,900,000 · Ucf I Trust 1 (ct)
Aug 28, 2014
$5,000,000
Chicora Gardens Holdings LLC
City Of N Charleston
Grant Deed
related
—
Jan 17, 2014
$5,000,000
Chicora Gardens Holdings LLC
City Of N Charleston
Grant Deed
related
$3,750,000 · Antion Financial Lc
Sep 25, 2013
—
City Of N Charleston
Charleston County
Quit Claim Deed
related
—
Dec 20, 2012
$2,000,000
City Of North Charleston
Us Of America
Quit Claim Deed
related
—
—
—
Chicora Life Center Lc
—
Loan Modification
related
$13,900,000 · * Other Institutional Lenders
—
—
Chicora Life Center Lc
—
Loan Modification
related
$4,750,000 · Antion Fin'l Lc
—
—
Chicora Life Center Lc
—
Loan Modification
related
$5,150,000 · Antion Fin'l Lc
—
—
Chicora Life Center Lc
—
Loan Modification
related
$5,320,000 · Antion Fin'l Lc
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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