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Property profile & analytics
OFF-MARKET
Estimated value
$1,675,000
Motels
3783 Palmetto St Florence, SC 29501-8013
Entity Owned
Free & Clear
Property ID
US77-1381025
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1975
Total area
37,200 SF
Lot
2.97 ac (129,373 SF)
APN
00076-04-005
UPID
US77-1381025
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
-
Super 8 by Wyndham Florence SC I-95 North / Hwy 76 Hotel & Motel
-
Frank Green Car Rental Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.02M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.68M
Owner & transaction history
Palmetto Eagles LLC
Palmetto Eagles LLC
since 2025
Last sale
$1.4M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$2.1M
+325.9%
Industrial (general)
$1.3M
+178.0%
Auto repair, garage
$1.3M
+165.8%
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 Florence submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Florence 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
$1,875,000
ML approach
$2,015,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$2,065,000
Change: +326% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$1,345,000
Change: +178% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,290,000
Change: +166% · Conversion: Difficult
WAREHOUSE, STORAGE
$1,255,000
Change: +159% · Conversion: Difficult
RETAIL STORES
$1,255,000
Change: +158% · Conversion: Difficult
Blend value · Realmo final
$1.68M
Range $1.51M – $1.84M · ±10% · vs last sale $1.40M (Jul 15 2025)
Last sale anchor
$1.40M
Jul 15 2025
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
$45 / 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
$38,860
Tax year 2023
Assessed value
$80,000
Assessed 2023
Previous assessed
$80,000,009
-99.9% YoY
Effective rate
48.58%
On assessed value
Assessed land
$11,000
Assessed improvement
$69,000
Land market value
$275,000
Improvement market value
$1,725,000
Total market value
$2,000,000
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
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
Motels
Use group
MOTEL
Status
Off-Market
Year built
1975
Heating
NONE
Units
120
Total area
37,200 SF
Lot
2.97 ac (129,373 SF)
APN
00076-04-005
UPID
US77-1381025
Jurisdiction
FLORENCE
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
RESTAURANT
Est. value
$2.1M
INDUSTRIAL (GENERAL)
Est. value
$1.3M
AUTO REPAIR, GARAGE
Est. value
$1.3M
WAREHOUSE, STORAGE
Est. value
$1.3M
RETAIL STORES
Est. value
$1.3M
RESTAURANT
INDUSTRIAL (GENERAL)
AUTO REPAIR, GARAGE
WAREHOUSE, STORAGE
RETAIL STORES
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
1975
Heating
NONE
Units
120
Lot
2.97 ac
Current owner
From public records · entity-resolved
Palmetto Eagles LLC
Entity
Free & Clear · 0 yrs held
Mailing address
3783 W PALMETTO ST, FLORENCE, SC 29501-8013
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 1, 2026
—
Jai Varahi LLC
—
Deed
related
$3,705,000 · Anderson Brothers Bank
Oct 15, 2025
$1,400,000
Palmetto Eagles LLC
Madden Land Development LLC
Deed
—
Dec 14, 2022
$2,000,000
Jay Varahi 18 LLC
Joti Gita Corporation
Warranty Deed
$1,675,000 · Gbank
Mar 11, 2020
$1,600,000
Joti Gita Corp
Shriji Hari LLC
Grant Deed
$1,210,000 · Bank Of George
Jun 30, 2017
—
Shiriji Hari LLC
—
Deed
related
$1,100,000 · American Busn Lndg
Mar 14, 2017
$1,645,000
Shriji Hari LLC
Palmetto Hospitality LLC
Grant Deed
$1,100,000 · American Busn Lndg
Aug 22, 2014
$850,000
Palmetto Hospitality LLC
West Palmetto Properties LLC
Deed
$637,500 · First Reliance Bank
Jun 17, 2013
—
West Palmetto Properties LLC
Young Brothers Properties INC
Grant Deed
—
—
—
Shiriji Hari LLC
—
Deed Of Trust
related
$1,100,000 · American Busn Lndg
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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