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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    400 Constance St Walterboro, SC 29488-2710

    • Medical offices
    • 3,592 SF
    • 0.80 lot acres
    OFF-MARKET
    Last Sale
    Mar 16, 2020
    $510,000
    Value Estimations
    $590,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US77-1136118
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Retina Consultants of Charleston / Ophthalmologist
    • Dr. Michael Johnson, M.D. / Ophthalmologist
    • Carolina Cataract & Laser Center / Ophthalmologist / Eye Care Center
    • Christina B. Martin, NP / Nurse Practitioner
    • Eye Care Physicians & Surgeons: Lally Joseph M MD / Ophthalmologist

    Property Details for 400 Constance St

    Year built
    2000
    Lot size
    0.80 lot acres
    Property size
    3,592 SF
    Zone code
    UD
    Property type
    Medical offices
    Property subtype
    Medical centers
    APN
    147-00-00-140.000
    APU
    1470000140000

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $605,000
      ML approach
      $515,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $545,000
      Market price range: $171k - $574k

    • Alternative Use

      Use
      Estimation
      MEDICAL BUILDING
      $425,000
      Current use
      OFFICE BUILDING
      $560,000
      Change: +32% Conversion: Easy

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Walterboro
    County
    Colleton
    State
    South Carolina
    Longitude
    -80.6721
    Latitude
    32.9247
    CBSA code
    47500
    CBSA name
    WALTERBORO, SC MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $10,114
    $200,000
    $307,600
    $507,600
    -
    $200,000
    $307,600
    $507,600

    Comparable in this City

    • Value Estimation
      $290,000
      7,544 SF

      415 Robertson Blvd Ste A

      MEDICAL BUILDING • 7,544 SF
      415 Robertson Blvd Ste A, Walterboro, SC 29488-5713
      View Details
    • Value Estimation by Request
      2,208 SF

      841 Robertson Blvd

      MEDICAL BUILDING • 2,208 SF
      841 Robertson Blvd, Walterboro, SC 29488-3082
      View Details
    • Value Estimation
      $145,000
      1,554 SF

      304 Jefferies Blvd

      MEDICAL BUILDING • 1,554 SF
      304 Jefferies Blvd, Walterboro, SC 29488-4428
      View Details
    • Value Estimation
      $345,000
      2,482 SF

      120 Medical Park Dr

      MEDICAL BUILDING • 2,482 SF
      120 Medical Park Dr, Walterboro, SC 29488-5719
      View Details
    • Value Estimation
      $230,000
      1,656 SF

      975 Bells Hwy

      MEDICAL BUILDING • 1,656 SF
      975 Bells Hwy, Walterboro, SC 29488-2565
      View Details
    • Value Estimation
      $250,000
      1,942 SF

      449 Washington St

      MEDICAL BUILDING • 1,942 SF
      449 Washington St, Walterboro, SC 29488-4027
      View Details

    Similar Nearby for Sale

    • $1,280,000
      7,544 SF

      Walterboro Office Building For Sale

      7,544 SF office building available in Walterboro, SC.
      415 Robertson Blvd, Walterboro, SC 29488
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    • $249,500
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      Walterboro Executive Office Building

      Prime Office Space, 2,840 SF, $249,500
      211 Meadow St, Walterboro, SC 29488
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    • $250,000

      Interior Parcel Near Development Properties

      Interior parcel near town, schools, shopping, and I-95.
      0-A Sniders Hwy, Walterboro, SC 29488
      View Details
    • $5,334,000
      426.72 Acres

      Colleton County Agricultural Land

      Investment-grade agricultural land with recreational opportunities near I-95.
      565 Hidden Lk, Walterboro, SC 29488
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    • $602,000

      Versatile Colleton County Land

      70-acre property with road frontage, infrastructure, and recreational opportunities.
      Norris Dr, Walterboro, SC 29488
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    • Contact for pricing
      0.19 Acres

      Land in Rural Walterboro

      0.19 acre lot suitable for small home or mobile.
      Westgate & Firehill Rd, Walterboro, SC 29488
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      95,000 SF

      Thunderbolt Road Industrial Complex

      Large Warehouse & Office Space Available
      938 Thunderbolt Dr, Walterboro, SC 29488
      View Details
    • Contact for pricing

      Walterboro Walmart Outparcel Land

      High-traffic commercial land for lease.
      0 Bells Hwy, Walterboro, SC 29488
      View Details
    • $2,500 /Mo
      1,046 SF

      Former Gas Station Site Available

      Former gas station site with convenience store and car wash.
      1111 Sniders Hwy, Walterboro, SC 29488
      View Details
    • $800 /Mo

      Commercial Land Near I-95

      Commercial land for rent near I-95 and Walmart.
      Bells Hwy, Walterboro, SC 29488
      View Details
    • $3,000 /Mo

      Retail Space in Walterboro Plaza

      Retail space and outparcel for lease in Walterboro, SC.
      225 Robertson Blvd, Walterboro, SC 29488
      View Details
    • $6 SF/Yr
      96,909 SF

      Walterboro Plaza Shopping Center

      Lifestyle centers • 96,909 SF
      221 Robertson Blvd, Walterboro, SC 29488
      View Details
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    400 Constance St
    Walterboro, SC 29488-2710
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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