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Property profile & analytics
OFF-MARKET
Estimated value
$1,130,000
Warehouses
445 Hwy 701st S Loris, SC 29569-7327
Entity Owned
3-yr Hold
Free & Clear
Property ID
US77-1755922
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1995
Total area
2,750 SF
Lot
0.69 ac (30,056 SF)
Zoning code
HC
APN
186-02-03-0026
UPID
US77-1755922
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
by Request
Comparable Approach
Comparable
$836k
Blend (final)
Blend
$1.13M
Owner & transaction history
Loris Commercial Properties LLC · 3 yrs held
Loris Commercial Properties LLC
since 2022
Last sale
$1.2M
6 recorded transactions
Zoning & alternative use
HC · Loris, SC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.1M
+111.3%
Auto repair, garage
$870,000
+72.8%
Medical building
$830,000
+64.7%
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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,065,000
Change: +111% · Conversion: Difficult
AUTO REPAIR, GARAGE
$870,000
Change: +73% · Conversion: Easy
MEDICAL BUILDING
$830,000
Change: +65% · Conversion: Difficult
Blend value · Realmo final
$1.13M
Range $1.02M – $1.24M · ±10% · vs last sale $1.22M (Sep 1 2022)
Last sale anchor
$1.22M
Sep 1 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
$411 / 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
$15,713
Tax year 2023
Assessed value
$8,839
Assessed 2023
Effective rate
177.77%
On assessed value
Assessed land
$2,381
Assessed improvement
$6,458
Land market value
$97,630
Improvement market value
$153,800
Total market value
$251,430
Applied tax rate
200.0000
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
1995
Heating
NONE
Buildings
2
Total area
2,750 SF
Lot
0.69 ac (30,056 SF)
Zoning code
HC
APN
186-02-03-0026
UPID
US77-1755922
Jurisdiction
HORRY
Zoning & alternative use
HC · Loris, SC
Zoning HC · permitted uses
HC · Loris, SC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Loris. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$1.1M
AUTO REPAIR, GARAGE
Est. value
$870,000
MEDICAL BUILDING
Est. value
$830,000
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
MEDICAL BUILDING
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
1995
Heating
NONE
Buildings
2
Lot
0.69 ac
Current owner
From public records · entity-resolved
Loris Commercial Properties LLC
Entity
Free & Clear · 3 yrs held
Mailing address
3959 MAIN ST, LORIS, SC 29569-3017
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
Sep 1, 2022
$1,215,000
Loris Commercial Properties LLC
Rscox LLC
Warranty Deed
—
Jul 7, 2017
$120,000
Rscox LLC
Bobby G Coats
Grant Deed
—
Sep 13, 2011
$110,000
Coats,bobby G
Jimmy D Nealey
Grant Deed
—
Aug 25, 2011
—
Nealey,jimmy D
Issac L Cannon JR.
Grant Deed
related
—
Feb 28, 2005
$110,000
Cannon,issac L JR
Jimmy D Nealey
Grant Deed
$110,000 · Jimmy D Nealey
—
—
Coats,bobby G
—
Deed Of Trust
related
$110,000 · Jimmy D Nealey
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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