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Property profile & analytics
OFF-MARKET
Estimated value
$5,900,000
Warehouses
3781 Ashley Phosphate Rd Charleston, SC 29418-8502
Entity Owned
4-yr Hold
Free & Clear
Property ID
US77-1071011
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2007
Construction
METAL FRAME
Total area
35,000 SF
Lot
3.06 ac (133,294 SF)
Zoning code
CG_DC
APN
172-12-00-002
UPID
US77-1071011
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
-
Extra Space Storage Storage Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$7.85M
CAP Approach
CAP
$5.25M
Comparable Approach
Comparable
$6.95M
Blend (final)
Blend
$5.90M
Owner & transaction history
Pr II Exr North Charleston LLC · 4 yrs held
Pr II Exr North Charleston LLC
since 2021
Last sale
$6.0M
7 recorded transactions
Zoning & alternative use
CG_DC · Charleston, SC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
zoning
Top alternative use upside
Medical building
$9.3M
+85.9%
Commercial (general)
$8.5M
+70.4%
Retail stores
$7.9M
+58.8%
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 Charleston submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs 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
$8,065,000
ML approach
$7,845,000
CAP Approach
CAP Return
Estimation
6%
$5,685,000
6.5%
$5,245,000
7%
$4,870,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$4,990,000
Current use
MEDICAL BUILDING
$9,280,000
Change: +86% · Conversion: Difficult
COMMERCIAL (GENERAL)
$8,505,000
Change: +70% · Conversion: Difficult
RETAIL STORES
$7,925,000
Change: +59% · Conversion: Moderate
AUTO REPAIR, GARAGE
$6,195,000
Change: +24% · Conversion: Easy
Blend value · Realmo final
$5.90M
Range $5.31M – $6.49M · ±10% · vs last sale $6.00M (Nov 22 2021)
Last sale anchor
$6.00M
Nov 22 2021
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
$169 / 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
$131,976
Tax year 2023
Assessed value
$354,900
Assessed 2023
Previous assessed
$358,946
-1.1% YoY
Effective rate
37.19%
On assessed value
Assessed land
$44,064
Assessed improvement
$310,836
Land market value
$734,400
Improvement market value
$5,180,600
Total market value
$5,915,000
Applied tax rate
203.0000
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
2007
Construction
METAL FRAME
Heating
NONE
Cooling
CENTRAL
Buildings
2
Stories
1
Total area
35,000 SF
Lot
3.06 ac (133,294 SF)
Zoning code
CG_DC
APN
172-12-00-002
UPID
US77-1071011
Jurisdiction
DORCHESTER
Zoning & alternative use
CG_DC · Charleston, SCZoning CG_DC · permitted uses
CG_DC · Charleston, SC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
zoning
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$5.0M
MEDICAL BUILDING
Est. value
$9.3M
COMMERCIAL (GENERAL)
Est. value
$8.5M
RETAIL STORES
Est. value
$7.9M
AUTO REPAIR, GARAGE
Est. value
$6.2M
WAREHOUSE, STORAGE Current
MEDICAL BUILDING
COMMERCIAL (GENERAL)
RETAIL STORES
AUTO REPAIR, GARAGE
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
2007
Construction
METAL FRAME
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Lot
3.06 ac
Current owner
From public records · entity-resolved
Pr II Exr North Charleston LLC
Entity
Free & Clear · 4 yrs held
Mailing address
PO BOX 71870, SALT LAKE CITY, UT 84171-0870
Ownership since
2021
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
Nov 22, 2021
$6,000,000
Pr II Exr North Charleston LLC
Ss II North Charleston LLC
Deed
—
Oct 1, 2018
$700,100
Ss II North Charleston LLC
Patriot Self Storage LLC
Grant Deed
$2,058,000 · Cornerstone Com'l Mtgs
May 26, 2017
$1,550,000
Patriot Self Storage LLC
Erh LLC
Grant Deed
$1,750,000 · Live Oak Bkg
Jan 21, 2014
$550,000
Erh LLC
Last,william C
Grant Deed
$550,000 · William C Last
Nov 23, 2010
$1,500,000
William C Last
Master Of Equity/dorchester Cnty
Trustees Deed
—
Dec 27, 2007
$2,250,000
Boyd,thomas H & Linda M
Last,william
Grant Deed
$1,580,000 · William C Last
Jan 18, 2006
$220,000
William Last
Beaton,james
Grant Deed
—
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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