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Property profile & analytics
OFF-MARKET
Estimated value
$530,000
Grocery and convenience stores
4224 Main St Loris, SC 29569
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US77-0042551
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1979
Total area
2,400 SF
Lot
0.22 ac (9,583 SF)
Zoning code
C-1
APN
176-14-03-0039
UPID
US77-0042551
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
$480k
CAP Approach
CAP
$610k
Comparable Approach
Comparable
$508k
Blend (final)
Blend
$530k
Owner & transaction history
Sri Sai Investments II LLC · 9 yrs held
Sri Sai Investments II LLC
since 2016
4 recorded transactions
Zoning & alternative use
C-1 · Loris, SC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
C-1, Centr al Business District. The C -1 District is intended to promote the concentration and vitality of commercial and business uses in Downtown Loris. This district is characterized by wall -to-wall and lot -line-to lot-line development, pedestrian walkways, and public parking.
Zone name
Central Business
General category
COMMERCIAL
Zone area
27.95 ac
Top alternative use upside
Auto repair, garage
$760,000
+136.4%
Medical building
$725,000
+125.3%
Office building
$540,000
+67.7%
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 Loris submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Loris 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
$480,000
CAP Approach
CAP Return
Estimation
6%
$660,000
6.5%
$610,000
7%
$565,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$320,000
Current use
AUTO REPAIR, GARAGE
$760,000
Change: +136% · Conversion: Difficult
MEDICAL BUILDING
$725,000
Change: +125% · Conversion: Difficult
OFFICE BUILDING
$540,000
Change: +68% · Conversion: Moderate
WAREHOUSE, STORAGE
$440,000
Change: +37% · Conversion: Difficult
Blend value · Realmo final
$530k
Range $477k – $583k · ±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
$221 / 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
$9,163
Tax year 2023
Assessed value
$31,050
Assessed 2023
Effective rate
29.51%
On assessed value
Assessed land
$6,900
Assessed improvement
$24,150
Land market value
$130,000
Improvement market value
$520,000
Total market value
$650,000
Applied tax rate
220.0000
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
1979
Heating
SOLAR
Cooling
CENTRAL
Total area
2,400 SF
Lot
0.22 ac (9,583 SF)
Zoning code
C-1
APN
176-14-03-0039
UPID
US77-0042551
Jurisdiction
HORRY
Zoning & alternative use
C-1 · Loris, SCZoning C-1 · permitted uses
C-1 · Loris, SC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
C-1, Centr al Business District. The C -1 District is intended to promote the concentration and vitality of commercial and business uses in Downtown Loris. This district is characterized by wall -to-wall and lot -line-to lot-line development, pedestrian walkways, and public parking.
Zone name
Central Business
General category
COMMERCIAL
Zone area
27.95 ac
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$320,000
AUTO REPAIR, GARAGE
Est. value
$760,000
MEDICAL BUILDING
Est. value
$725,000
OFFICE BUILDING
Est. value
$540,000
WAREHOUSE, STORAGE
Est. value
$440,000
NEIGHBORHOOD: SHOPPING CENTER Current
AUTO REPAIR, GARAGE
MEDICAL BUILDING
OFFICE BUILDING
WAREHOUSE, STORAGE
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
1979
Heating
SOLAR
Cooling
Yes
Lot
0.22 ac
Current owner
From public records · entity-resolved
Sri Sai Investments II LLC
Entity
Mailing address
4220 MAIN ST, LORIS, SC 29569-2612
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 26, 2016
$650,000
Sri Sai Investments II LLC
Yss LLC
Grant Deed
$425,000 · Anderson Brothers Bk
Jun 6, 2007
$250,000
Yss LLC
Jerry W Neal
Grant Deed
$146,000 · Carolina First Bk
—
—
Yss LLC
—
Deed Of Trust
related
$252,500 · Beach First Nat'l Bk
—
—
Yss LLC
—
Deed Of Trust
related
$1,520,000 · Beach First Nat'l 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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