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Property profile & analytics
OFF-MARKET
Estimated value
$985,000
Retail space
412 5th N St Summerville, SC 29483-6881
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US77-1060144
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2001
Construction
METAL FRAME
Total area
5,000 SF
Lot
0.71 ac (30,928 SF)
Zoning code
GB_SV
APN
137-08-00-003
UPID
US77-1060144
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
$860k
CAP Approach
CAP
$1.20M
Comparable Approach
Comparable
$857k
Blend (final)
Blend
$985k
Owner & transaction history
412 E 5th North Street LLC · 3 yrs held
412 E 5th North Street LLC
since 2022
Last sale
$1.1M
6 recorded transactions
Zoning & alternative use
GB_SV · Summerville, SC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.4M
+21.4%
Office building
$1.3M
+13.8%
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 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
$750,000
ML approach
$860,000
CAP Approach
CAP Return
Estimation
6%
$1,295,000
6.5%
$1,195,000
7%
$1,110,000
Alternative Use
Use
Estimation
RETAIL STORES
$1,155,000
Current use
MEDICAL BUILDING
$1,405,000
Change: +21% · Conversion: Difficult
OFFICE BUILDING
$1,315,000
Change: +14% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,095,000
Change: -5% · Conversion: Difficult
Blend value · Realmo final
$985k
Range $887k – $1.08M · ±10% · vs last sale $1.13M (Dec 9 2022)
Last sale anchor
$1.13M
Dec 9 2022
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
$197 / 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
$28,465
Tax year 2023
Assessed value
$31,902
Assessed 2023
Previous assessed
$31,902
+0.0% YoY
Effective rate
89.23%
On assessed value
Assessed land
$18,557
Assessed improvement
$13,345
Land market value
$309,280
Improvement market value
$222,414
Total market value
$531,694
Applied tax rate
207.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2001
Construction
METAL FRAME
Heating
HEAT PUMP
Cooling
CENTRAL
Stories
1
Total area
5,000 SF
Lot
0.71 ac (30,928 SF)
Zoning code
GB_SV
APN
137-08-00-003
UPID
US77-1060144
Jurisdiction
DORCHESTER
Zoning & alternative use
GB_SV · Summerville, SC
Zoning GB_SV · permitted uses
GB_SV · 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
RETAIL STORES Current
Est. value
$1.2M
MEDICAL BUILDING
Est. value
$1.4M
OFFICE BUILDING
Est. value
$1.3M
AUTO REPAIR, GARAGE
Est. value
$1.1M
RETAIL STORES Current
MEDICAL BUILDING
OFFICE BUILDING
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
2001
Construction
METAL FRAME
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Lot
0.71 ac
Current owner
From public records · entity-resolved
412 E 5th North Street LLC
Entity
Mailing address
136 LOGANBERRY CIR, GOOSE CREEK, SC 29445-7240
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 18, 2023
—
412 E 5th North Street LLC
—
Deed
related
$413,000 · First Citizens Bank & Trust Co
Dec 9, 2022
$1,125,000
412 E 5th North Street LLC
Tideland Industrial Park LLC
Deed
$843,550 · First Citizens Bank & Trust Co
Feb 24, 2020
—
Tideland Industrial Park LLC
—
Deed
related
$1,370,000 · First Palmetto Bk
Feb 28, 2008
—
Tideland Industrial Park LLC
—
Trustees Deed
related
$50,000 · Rbc Centura Bank
—
—
Tideland Industrial Park LLC
—
Deed Of Trust
related
$500,000 · Pnc Bk/nj
—
—
Tideland Industrial Park LLC
—
Deed Of Trust
related
$1,370,000 · First Palmetto Bk
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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