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Property profile & analytics
OFF-MARKET
Warehouses
521 Hwy Pass Lancaster, SC 29720
Entity Owned
2-yr Hold
Free & Clear
Property ID
US77-1798370
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2005
Construction
STEEL FRAME
Total area
5,250 SF
Lot
31.06 ac (1,352,974 SF)
Zoning code
GB
APN
0081-00-014.03
UPID
US77-1798370
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
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Cane Mill LLC · 2 yrs held
Cane Mill LLC
since 2024
3 recorded transactions
Zoning & alternative use
GB · Lancaster, SC
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 Lancaster submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lancaster 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
$3,601
Tax year 2023
Assessed value
$10,879
Assessed 2023
Previous assessed
$10,879
+0.0% YoY
Effective rate
33.10%
On assessed value
Assessed land
$1,543
Assessed improvement
$9,336
Land market value
$175,522
Improvement market value
$6,950
Total market value
$182,472
Applied tax rate
1.0000
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
WAREHOUSE, STORAGE
Status
Off-Market
Year built
2005
Construction
STEEL FRAME
Heating
OTHER
Cooling
YES
Stories
1
Total area
5,250 SF
Lot
31.06 ac (1,352,974 SF)
Zoning code
GB
APN
0081-00-014.03
UPID
US77-1798370
Jurisdiction
LANCASTER
Zoning & alternative use
GB · Lancaster, SCZoning GB · permitted uses
GB · Lancaster, SC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
code of ordinances
Building & site characteristics
From public records
Year built
2005
Construction
STEEL FRAME
Heating
OTHER
Cooling
Yes
Stories
1
Lot
31.06 ac
Current owner
From public records · entity-resolved
Cane Mill LLC
Entity
Free & Clear · 2 yrs held
Mailing address
PO BOX 1146, LANCASTER, SC 29721-1146
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 6, 2024
—
Cane Mill LLC
Cane Mill Associates Of Elgin LP
Deed
—
Dec 31, 2012
—
Cane Mill Associates Of Elgin LP
Williams,michael G
Grant Deed
related
—
Nov 8, 2012
—
Cane Mill Associates Of Elgin LP
Williams,michael G
Grant Deed
—
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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