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Property profile & analytics
OFF-MARKET
Estimated value
$880,000
Warehouses
510 Columbia Ave, Chapin, SC 29036-9424
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US77-0091846
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2005
Total area
7,400 SF
Lot
1.32 ac (57,499 SF)
Zoning code
GC
APN
000700-03-035
UPID
US77-0091846
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
$995k
Comparable Approach
Comparable
$825k
Blend (final)
Blend
$880k
Owner & transaction history
Pjc Properties LLC · 10 yrs held
Pjc Properties LLC
since 2016
7 recorded transactions
Zoning & alternative use
GC · Chapin, SC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.0M
+67.2%
Office building
$905,000
+49.3%
Auto repair, garage
$900,000
+48.6%
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 Chapin submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Chapin 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%
$1,075,000
6.5%
$995,000
7%
$925,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$605,000
Current use
COMMERCIAL (GENERAL)
$1,015,000
Change: +67% · Conversion: Difficult
OFFICE BUILDING
$905,000
Change: +49% · Conversion: Difficult
AUTO REPAIR, GARAGE
$900,000
Change: +49% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$785,000
Change: +30% · Conversion: Moderate
RETAIL STORES
$630,000
Change: +4% · Conversion: Moderate
Blend value · Realmo final
$880k
Range $792k – $968k · ±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
$119 / 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
$13,321
Tax year 2023
Assessed value
$29,671
Assessed 2023
Previous assessed
$29,671
+0.0% YoY
Effective rate
44.90%
On assessed value
Assessed land
$16,316
Assessed improvement
$13,355
Land market value
$271,927
Improvement market value
$222,573
Total market value
$494,500
Applied tax rate
5.0000
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
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
2005
Heating
FORCED AIR
Cooling
YES
Stories
1
Bathrooms
1
Total area
7,400 SF
Lot
1.32 ac (57,499 SF)
Zoning code
GC
APN
000700-03-035
UPID
US77-0091846
Jurisdiction
LEXINGTON
Zoning & alternative use
GC · Chapin, SC
Zoning GC · permitted uses
GC · Chapin, SC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Chapin. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$605,000
COMMERCIAL (GENERAL)
Est. value
$1.0M
OFFICE BUILDING
Est. value
$905,000
AUTO REPAIR, GARAGE
Est. value
$900,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$785,000
RETAIL STORES
Est. value
$630,000
WAREHOUSE, STORAGE Current
COMMERCIAL (GENERAL)
OFFICE BUILDING
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
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
2005
Heating
FORCED AIR
Cooling
Yes
Stories
1
Bathrooms
1
Lot
1.32 ac
Current owner
From public records · entity-resolved
Pjc Properties LLC
Entity
Mailing address
635 SALINA RD, SEWELL, NJ 08080-4602
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 30, 2016
$430,000
Pjc Properties LLC
Fit Box LLC
Grant Deed
$387,000 · Branch Bk&tr
Mar 17, 2015
—
William E Bull III
Bull William E III Trust
Quit Claim Deed
related
—
Mar 17, 2015
$385,000
Fit Box LLC
Robert F Anderson
Deed
$320,000 · First Citizens Bank & Trust Co
Jul 16, 2010
—
William E Bull III
Bull Vicky R Trust
Quit Claim Deed
related
—
Oct 12, 2006
—
Bull William E III Trust
Bull,william E III
Quit Claim Deed
related
—
Sep 7, 2005
—
William E Bull III
Healthworks & Associates INC
Warranty Deed
—
Jun 16, 2003
$187,000
Will E Bull III
—
Grant Deed
related
—
Jun 10, 2003
$125,000
John Weible
—
Grant Deed
related
—
Dec 4, 2001
$115,000
Ronald G Moyer
—
Grant Deed
related
—
—
—
William E Bull III
—
Deed Of Trust
related
$168,000 · Certified Dev Corp Of South Ca
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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