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Property profile & analytics
OFF-MARKET
Estimated value
$81,340,000
Distribution centers
400 Trade Zone Blvd Summerville, SC 29486-7238
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US77-1639848
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
2011
Total area
1,105,074 SF
Lot
124.01 ac (5,401,876 SF)
Zoning code
BERKELEY COUNTY - HI
APN
221-00-00-147
UPID
US77-1639848
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
$97.78M
Comparable Approach
Comparable
$66.83M
Blend (final)
Blend
$81.34M
Owner & transaction history
400 Trade Zone Boulevard LLC · 6 yrs held
400 Trade Zone Boulevard LLC
since 2019
7 recorded transactions
Zoning & alternative use
BERKELEY COUNTY - HI · Summerville, SC
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 Summerville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Summerville 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%
$105,925,000
6.5%
$97,775,000
7%
$90,790,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$134,795,000
Current use
Blend value · Realmo final
$81.34M
Range $73.21M – $89.47M · ±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
$74 / 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
$51,413
Tax year 2023
Assessed value
$8,052,444
Assessed 2023
Previous assessed
$7,044,960
+14.3% YoY
Effective rate
0.64%
On assessed value
Assessed land
$423,930
Assessed improvement
$7,628,514
Land market value
$7,065,500
Improvement market value
$127,141,900
Total market value
$134,207,400
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
Off-Market
Year built
2011
Heating
NONE
Stories
1
Total area
1,105,074 SF
Lot
124.01 ac (5,401,876 SF)
Zoning code
BERKELEY COUNTY - HI
APN
221-00-00-147
UPID
US77-1639848
Jurisdiction
BERKELEY
Zoning & alternative use
BERKELEY COUNTY - HI · Summerville, SC
Zoning BERKELEY COUNTY - HI · permitted uses
BERKELEY COUNTY - HI · Summerville, SC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Summerville. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$134.8M
WAREHOUSE, STORAGE 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
2011
Heating
NONE
Stories
1
Lot
124.01 ac
Current owner
From public records · entity-resolved
400 Trade Zone Boulevard LLC
Entity
Mailing address
PO BOX 847, CARLSBAD, CA 92018-0847
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 10, 2025
—
400 Trade Zone Boulevard LLC
—
Deed
related
$612,000,000 · Jpmorgan Chase Bank NA
May 23, 2024
—
400 Trade Zone Boulevard LLC
—
Deed
related
—
Dec 10, 2019
$73,000,000
400 Trade Zone Boulevard LLC
Gpt 400 Trade Zone Boulevard Owner
Limited Warranty Deed
$391,500,000 · Bank Of America NA
Dec 10, 2019
—
Trade Zone Boulevard LLC
—
Grant Deed
related
$391,500,000 · Bank Of America
Oct 23, 2018
—
Gpt 400 Trade Zone Boulevard Owner
—
Deed
related
—
Dec 20, 2016
$63,000,000
Gpt 400 Trade Zone Boulevard O
Us Indl Reit III-distribution
Grant Deed
$24,800,000 · Metlife Bk
Dec 20, 2016
—
Gpt 400 Trade Zone Boulevard O
—
Deed
related
$18,500,000 · Miscellaneous Ins Co
Feb 16, 2011
$49,000,000
Us Indl Reit III-distribution
Rg-mwv Neptune LLC
Grant Deed
—
Aug 11, 2010
—
Rg-mwv Neptune LLC
Rg-mwv LLC
Quit Claim Deed
—
—
—
Us Indl Reit III-distribution
—
Deed Of Trust
related
$24,800,000 · Metropolitan Life Insurance
—
—
Us Indl Reit III-distribution
—
Deed Of Trust
related
—
—
—
Gpt 400 Trade Zone Boulevard O
—
Loan Modification
related
$18,500,000 · Miscellaneous Ins Co
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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