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Property profile & analytics
OFF-MARKET
Hotels
475 Bay St Charleston, SC 29403-6336
Entity Owned
Free & Clear
Property ID
US77-0939999
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1850
Total area
6,700 SF
Lot
1.97 ac (85,813 SF)
APN
459-13-04-023
UPID
US77-0939999
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
-
Karson Photography Wedding Service Photography Service
-
Pixels & Grits LLC Marketing & Advertising Advertising Agency
-
Charleston Business Development City Government Office
-
Cloud Support Tech Support Center IT Consulting Firm
-
Palmetto Partners LLC Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
1776 Development LLC
1776 Development LLC
since 2026
Last sale
$61,370
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$656,880
Tax year 2023
Assessed value
$2,377,200
Assessed 2023
Previous assessed
$2,377,200
+0.0% YoY
Effective rate
27.63%
On assessed value
Land market value
$14,710,000
Improvement market value
$28,420,000
Total market value
$43,130,000
Applied tax rate
7.0000
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
Hotels
Use group
HOTEL
Status
Off-Market
Year built
1850
Heating
HEAT PUMP
Stories
2
Total area
6,700 SF
Lot
1.97 ac (85,813 SF)
APN
459-13-04-023
UPID
US77-0939999
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
1850
Heating
HEAT PUMP
Stories
2
Lot
1.97 ac
Current owner
From public records · entity-resolved
1776 Development LLC
Entity
Free & Clear · 0 yrs held
Mailing address
6355 METROWEST BLVD STE #180, ORLANDO, FL 32835-7606
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
21 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 29, 2026
—
1776 Development LLC
King Cunningham LLC
Quitclaim Deed
—
Feb 27, 2026
$66,990
Anne Nichols Tucker
1776 Development LLC
Special Warranty Deed
—
May 16, 2024
$114,421
Mark Boyd Elster
1776 Development LLC
Special Warranty Deed
—
May 16, 2024
$61,370
Richard Wood Morgan
1776 Development LLC
Special Warranty Deed
—
May 16, 2024
$114,410
Carol Acker
1776 Development LLC
Special Warranty Deed
—
May 16, 2024
$122,990
Anna Jones
1776 Development LLC
Special Warranty Deed
—
Jan 11, 2024
—
Constance Diane Taylor
1776 Development LLC
Special Warranty Deed
—
Nov 7, 2023
$77,391
William Robert Hoffman
1776 Development LLC
Special Warranty Deed
—
Apr 14, 2023
$35,750
Yvonne W Brandon
1776 Development LLC
Special Warranty Deed
—
Jan 3, 2023
$19,500
1776 Development LLC
1776 Development LLC
Warranty Deed
related
—
Mar 16, 2022
$19,500
1776 Development LLC
Brandon Eli Crouch
Warranty Deed
—
Nov 18, 2020
$42,295
Yaniv Z Josilevich
1776 Dev LLC
Grant Deed
—
Nov 18, 2020
—
Donna K Sumner
1776 Dev LLC
Grant Deed
related
—
Apr 7, 2020
$81,890
Lanis L Hicks
1776 Dev LLC
Grant Deed
—
Apr 7, 2020
$88,800
Adolphus W Dunn III
1776 Dev LLC
Grant Deed
—
Apr 7, 2020
$97,448
Frederick O Walke
1776 Dev LLC
Grant Deed
—
Apr 7, 2020
—
John S Browning
1776 Dev LLC
Grant Deed
related
—
May 31, 2019
—
1776 Dev LLC
—
Grant Deed
related
$69,000,000 · Western Alliance Bk
Apr 3, 2018
$20,000,000
1776 Dev LLC
Mazyck Holdings LLC
Grant Deed
$12,800,000 · Western Alliance Bk
Oct 8, 2014
—
Mazyck Holdings LLC
—
Grant Deed
related
$1,600,000 · Td Bk NA
—
—
Mazyck Holdings LLC
—
Deed Of Trust
related
$1,600,000 · Td Bk NA
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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