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Property profile & analytics
OFF-MARKET
Estimated value
$1,090,000
Warehouses
4256 Nelson Rd Little River, SC 29566-8802
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US77-2051307
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2000
Construction
WOOD
Total area
6,000 SF
Lot
1.2 ac (52,272 SF)
Zoning code
LI
APN
311-02-04-0007
UPID
US77-2051307
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
-
Superior Fence & Rail General Contractor Construction Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.00M
CAP Approach
CAP
$1.44M
Comparable Approach
Comparable
$1.39M
Blend (final)
Blend
$1.09M
Owner & transaction history
Kgr Enterprises LLC · 1 yrs held
Kgr Enterprises LLC
since 2024
Last sale
$1.1M
5 recorded transactions
Zoning & alternative use
LI · Little River, SC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.8M
+64.7%
Office building
$1.3M
+22.6%
Retail stores
$1.1M
+1.4%
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 Little River submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Little River 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
$1,020,000
ML approach
$1,000,000
CAP Approach
CAP Return
Estimation
6%
$1,560,000
6.5%
$1,440,000
7%
$1,335,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$1,100,000
Current use
MEDICAL BUILDING
$1,810,000
Change: +65% · Conversion: Difficult
OFFICE BUILDING
$1,345,000
Change: +23% · Conversion: Difficult
RETAIL STORES
$1,115,000
Change: +1% · Conversion: Moderate
Blend value · Realmo final
$1.09M
Range $981k – $1.20M · ±10% · vs last sale $1.13M (Aug 26 2024)
Last sale anchor
$1.13M
Aug 26 2024
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
$182 / 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
$9,061
Tax year 2023
Assessed value
$32,859
Assessed 2023
Effective rate
27.58%
On assessed value
Assessed land
$26,073
Assessed improvement
$6,786
Land market value
$434,550
Improvement market value
$113,100
Total market value
$547,650
Applied tax rate
500.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
2000
Construction
WOOD
Heating
NONE
Total area
6,000 SF
Lot
1.2 ac (52,272 SF)
Zoning code
LI
APN
311-02-04-0007
UPID
US77-2051307
Jurisdiction
HORRY
Zoning & alternative use
LI · Little River, SC
Zoning LI · permitted uses
LI · Little River, SC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Little River. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$1.1M
MEDICAL BUILDING
Est. value
$1.8M
OFFICE BUILDING
Est. value
$1.3M
RETAIL STORES
Est. value
$1.1M
WAREHOUSE, STORAGE Current
MEDICAL BUILDING
OFFICE BUILDING
RETAIL STORES
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
2000
Construction
WOOD
Heating
NONE
Lot
1.2 ac
Current owner
From public records · entity-resolved
Kgr Enterprises LLC
Entity
Mailing address
609 11TH AVE N, NORTH MYRTLE BEACH, SC 29582-2651
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 26, 2024
$1,125,000
Kgr Enterprises LLC
Num 46th Ave Nmb LLC
Warranty Deed
$749,700 · First Citizens Bank
Oct 20, 2021
$643,000
Num 46th Ave Nmb LLC
Griste Holdings LLC
Warranty Deed
—
Sep 16, 2016
—
Tracy W Long
Barbara J Gore
Quit Claim Deed
related
$440,000 · Sandhills Bk
Sep 13, 2016
$550,000
Griste Holdings LLC
Tracy W Long
Grant Deed
related
$440,000 · Sandhills Bk
—
—
Griste Holdings LLC
—
Deed Of Trust
related
$440,000 · Sandhills 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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