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Property profile & analytics
OFF-MARKET
Estimated value
$2,295,000
Turn key restaurants
4820 Tanger Outlet Blvd North Charleston, SC 29418-6947
Individually Owned
5-yr Hold
Absentee Owner
Free & Clear
Property ID
US77-0920350
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
2008
Total area
2,558 SF
Lot
1.01 ac (43,996 SF)
APN
400-00-00-125
UPID
US77-0920350
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
$1.62M
Blend (final)
Blend
$2.30M
Owner & transaction history
John E Penick · 5 yrs held
John E Penick
since 2021
Last sale
$2.7M
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 North Charleston submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs North 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.30M
Range $2.07M – $2.52M · ±10% · vs last sale $2.65M (Mar 12 2021)
Last sale anchor
$2.65M
Mar 12 2021
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
$897 / 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
$28,501
Tax year 2023
Assessed value
$84,600
Assessed 2023
Previous assessed
$84,600
+0.0% YoY
Effective rate
33.69%
On assessed value
Land market value
$1,160,000
Improvement market value
$250,000
Total market value
$1,410,000
Applied tax rate
4.0000
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
2008
Heating
FORCED AIR
Stories
1
Total area
2,558 SF
Lot
1.01 ac (43,996 SF)
APN
400-00-00-125
UPID
US77-0920350
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
2008
Heating
FORCED AIR
Stories
1
Lot
1.01 ac
Current owner
From public records · entity-resolved
John E Penick
Individual
Free & Clear · 5 yrs held
Mailing address
6211 S HIGHLAND DR #3051, HOLLADAY, UT 84121-2125
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 2, 2024
—
Olympus Palms 7 LLC
—
Deed
related
$5,560,000 · Keystone National Group LLC
Mar 12, 2021
$1,410,000
John E Penick
Timothy W Whitfield
Special Warranty Deed
—
Apr 12, 2018
—
Timothye W Whitfield
Whitfield Co LLC
Quit Claim Deed
related
—
May 26, 2011
$1,250,000
Whitfield Co
Edgeworth LLC
Grant Deed
—
Oct 12, 2010
—
Edgeworth LLC
Centre Pointe Developers LLC
Grant Deed
related
—
—
—
Edgeworth LLC
—
Deed Of Trust
related
$660,000 · Branch Banking & Trust Co
—
—
Centre Pointe Developers LLC
—
Deed Of Trust
related
$660,000 · Branch Banking & Trust Co
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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