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Property profile & analytics
OFF-MARKET
Estimated value
$1,210,000
Automotive properties
4th Ave Conway, SC 29526
Entity Owned
21-yr Hold
Free & Clear
Property ID
US77-1656589
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Year built
1900
Construction
WOOD
Total area
13,572 SF
Lot
0.88 ac (38,333 SF)
Zoning code
CC
APN
368-04-02-0020
UPID
US77-1656589
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
$1.09M
Blend (final)
Blend
$1.21M
Owner & transaction history
Palmetto R & E Of Conway LLC · 21 yrs held
Palmetto R & E Of Conway LLC
since 2004
2 recorded transactions
Zoning & alternative use
CC · Conway, SC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The intent of the CC District is to establish a thriving commercial and mixed-use district adjacent to the Central Business District that provides form and use of development compatible to that of the CBD, but not as strict with regards to design standards.
Zone name
Core Commercial
General category
MIXED_USE
Zone area
83.70 ac
Source
Realmo
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 Conway submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Conway 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
$1.21M
Range $1.09M – $1.33M · ±10%
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
$89 / 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
$9,164
Tax year 2023
Assessed value
$33,693
Assessed 2023
Effective rate
27.20%
On assessed value
Assessed land
$17,620
Assessed improvement
$16,073
Land market value
$293,660
Improvement market value
$413,900
Total market value
$707,560
Applied tax rate
110.0000
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
Automotive properties
Use group
VEHICLE SALES, RENTALS
Status
Off-Market
Year built
1900
Construction
WOOD
Heating
HOT WATER
Buildings
2
Total area
13,572 SF
Lot
0.88 ac (38,333 SF)
Zoning code
CC
APN
368-04-02-0020
UPID
US77-1656589
Jurisdiction
HORRY
Zoning & alternative use
CC · Conway, SCZoning CC · permitted uses
CC · Conway, SC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The intent of the CC District is to establish a thriving commercial and mixed-use district adjacent to the Central Business District that provides form and use of development compatible to that of the CBD, but not as strict with regards to design standards.
Zone name
Core Commercial
General category
MIXED_USE
Zone area
83.70 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1900
Construction
WOOD
Heating
HOT WATER
Buildings
2
Lot
0.88 ac
Current owner
From public records · entity-resolved
Palmetto R & E Of Conway LLC
Entity
Free & Clear · 21 yrs held
Mailing address
203 JESSAMINE ST, CONWAY, SC 29526-4004
Ownership since
2004
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 15, 2004
—
Palmetto R & E Of Conway LLC
Jean S Floyd
Grant Deed
related
—
Sep 20, 2004
—
Floyd,jean S
Eugene C Floyd
Quit Claim Deed
related
—
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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