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Property profile & analytics
OFF-MARKET
Estimated value
$520,000
Drive through restaurants
3932 Palmetto St Florence, SC 29506-4202
Entity Owned
1-yr Hold
Free & Clear
Property ID
US77-0329113
Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Year built
1988
Total area
2,482 SF
Lot
1.05 ac (45,738 SF)
APN
00241-01-020
UPID
US77-0329113
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
-
Tree Top Inn Florence Hotel & Motel
-
Pizza Hut Take-out & Catering
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$520k
Owner & transaction history
Pace Florence LLC · 1 yrs held
Pace Florence LLC
since 2025
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 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$210 / 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
$9,673
Tax year 2023
Assessed value
$18,962
Assessed 2023
Previous assessed
$18,962,142
-99.9% YoY
Effective rate
51.01%
On assessed value
Assessed land
$7,200
Assessed improvement
$11,762
Land market value
$180,000
Improvement market value
$294,054
Total market value
$474,054
Applied tax rate
140.0000
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
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Status
Off-Market
Year built
1988
Heating
NONE
Total area
2,482 SF
Lot
1.05 ac (45,738 SF)
APN
00241-01-020
UPID
US77-0329113
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
Building & site characteristics
From public records
Year built
1988
Heating
NONE
Lot
1.05 ac
Current owner
From public records · entity-resolved
Pace Florence LLC
Entity
Free & Clear · 1 yrs held
Mailing address
19179 BLANCO RD STE #105, SAN ANTONIO, TX 78258-4009
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
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 21, 2025
—
Pace Florence LLC
Tree Top Hotel INC
Deed
related
—
Apr 15, 2025
—
Pace Florence LLC
—
Deed
related
$5,400,000 · Low Income Investment Fund
Nov 26, 2024
—
3932 E Palmetto LLC
—
Deed
related
$409,008 · First Citizens Bank & Trust Co
Mar 15, 2024
$1,500,000
Pace Florence LLC
Tree Top Hotel INC
Quitclaim Deed
related
—
Mar 15, 2024
—
Pace Florence LLC
Tree Top Hotel INC
Quitclaim Deed
related
$550,000 · P Florence Lender LLC
Jul 23, 2018
—
Tree Top Hotel INC
—
Deed
related
$325,000 · Dedicated Community Bank
Nov 25, 2014
$600,000
3932 E Palmetto LLC
B & H Of Wadmalaw LLC
Grant Deed
—
Feb 8, 2012
—
Carolina Pizza South
—
Deed Of Trust
related
$15,160,000 · Bank Of America
Jun 16, 2011
—
Carolina Pizza South
—
Deed Of Trust
related
$12,000,000 · Wells Fargo Bank
Jul 30, 2010
$550,000
B & H Of Wadmalaw LLC
South Carolina Pizza
Grant Deed
—
Sep 22, 2009
—
Carolina Pizza South
—
Deed Of Trust
related
$14,300,000 · Wells Fargo Bank
—
—
3932 E Palmetto LLC
—
Deed Of Trust
related
$390,000 · Farmers & Merchants Nat'l Bk
—
—
Carolina Pizza South
—
Deed Of Trust
related
$14,300,000 · Wells Fargo Bank
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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