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Property profile & analytics
OFF-MARKET
Estimated value
$665,000
Office buildings
446 Folly Rd Charleston, SC 29412-2641
Entity Owned
2-yr Hold
Free & Clear
Property ID
US77-2980471
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1951
Total area
966 SF
Lot
0.49 ac (21,344 SF)
APN
424-05-00-004
UPID
US77-2980471
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
-
Rebecca G. Baird, M.D., FACOG Physician
-
Charleston Ob/Gyn: Hamilton Lauren F MD Physician
-
Charleston Ob/Gyn: Sapp Heidi M MD Physician
-
Charleston Ob/Gyn: Dillon Alison E MD Physician
-
Jessica Wade, MD Medical Group
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$665k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$592k
Blend (final)
Blend
$665k
Owner & transaction history
446 Folly Road Partners LLC · 2 yrs held
446 Folly Road Partners LLC
since 2024
Last sale
$665,000
7 recorded transactions
Zoning & alternative use
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 Charleston submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Charleston 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
$665,000
ML approach
$665,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$665k
Range $599k – $732k · ±10% · vs last sale $665k (May 31 2024)
Last sale anchor
$665k
May 31 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
$688 / 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
$7,582
Tax year 2023
Assessed value
$27,900
Assessed 2023
Previous assessed
$27,900
+0.0% YoY
Effective rate
27.18%
On assessed value
Land market value
$375,000
Improvement market value
$90,000
Total market value
$465,000
Applied tax rate
3.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1951
Heating
HEAT PUMP
Cooling
CENTRAL
Stories
1
Total area
966 SF
Lot
0.49 ac (21,344 SF)
APN
424-05-00-004
UPID
US77-2980471
Jurisdiction
CHARLESTON
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1951
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Lot
0.49 ac
Current owner
From public records · entity-resolved
446 Folly Road Partners LLC
Entity
Free & Clear · 2 yrs held
Mailing address
1027 PHYSICIANS DR STE #110, CHARLESTON, SC 29414-5351
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 31, 2024
$665,000
446 Folly Road Partners LLC
Three & Three LLC
Warranty Deed
—
Sep 15, 2023
—
Three & Three LLC
—
Deed
related
$334,647 · South State Bank NA
Aug 28, 2019
—
Three & Three LLC
—
Deed
related
$183,841 · South St Bk
Dec 21, 2016
—
Three & Three LLC
—
Deed
related
$239,438 · Nbsc
Nov 15, 2002
$330,000
Three & Three LLC
—
Grant Deed
—
—
—
Three & Three LLC
—
Deed Of Trust
related
$340,000 · Nbsc
—
—
Three & Three LLC
—
Deed Of Trust
related
$335,420 · Regions Bank
—
—
Three & Three LLC
—
Deed Of Trust
related
$183,841 · South St Bk
—
—
Three & Three LLC
—
Deed Of Trust
related
$239,438 · Nbsc
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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