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Property profile & analytics
OFF-MARKET
Estimated value
$11,550,000
Garden apartment buildings
531 Dalton Way, Little River, SC 29566-5116
Individually Owned
4-yr Hold
~
Est. High Equity
Property ID
US77-1697896
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Construction
CONCRETE
Total area
27,148 SF
Lot
14.61 ac (636,412 SF)
Zoning code
FA
APN
350-00-00-0093
UPID
US77-1697896
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
$12.20M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$10.08M
Blend (final)
Blend
$11.55M
Owner & transaction history
Hawthorne Midway Proximity Pointe L · 4 yrs held
Hawthorne Midway Proximity Pointe L
since 2022
Last sale
$12.0M
6 recorded transactions
Zoning & alternative use
FA · Little River, SC
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 Little River submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Little River 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
$12,200,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$11,210,000
Current use
COMMERCIAL (GENERAL)
$10,500,000
Change: -6% · Conversion: Moderate
RESTAURANT
$9,530,000
Change: -15% · Conversion: Difficult
Blend value · Realmo final
$11.55M
Range $10.40M – $12.71M · ±10% · vs last sale $11.96M (Jan 5 2022)
Last sale anchor
$11.96M
Jan 5 2022
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
$425 / 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
$156,191
Tax year 2023
Assessed value
$158,925
Assessed 2023
Previous assessed
$158,925
+0.0% YoY
Effective rate
98.28%
On assessed value
Assessed land
$158,925
Land market value
$1,513,570
Total market value
$1,513,570
Applied tax rate
500.0000
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
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Status
Off-Market
Construction
CONCRETE
Heating
NONE
Buildings
2
Total area
27,148 SF
Lot
14.61 ac (636,412 SF)
Zoning code
FA
APN
350-00-00-0093
UPID
US77-1697896
Jurisdiction
HORRY
Zoning & alternative use
FA · Little River, SC
Zoning FA · permitted uses
FA · Little River, SC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Little River. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$11.2M
COMMERCIAL (GENERAL)
Est. value
$10.5M
RESTAURANT
Est. value
$9.5M
APARTMENT HOUSE (5+ UNITS) Current
COMMERCIAL (GENERAL)
RESTAURANT
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
Construction
CONCRETE
Heating
NONE
Buildings
2
Lot
14.61 ac
Current owner
From public records · entity-resolved
Hawthorne Midway Proximity Pointe L
Individual
Mailing address
806 GRN VLY RD STE #311, GREENSBORO, NC 27408-7076
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 5, 2022
$11,960,000
Hawthorne Midway Proximity Pointe L
Proximity Pointe LLC
Warranty Deed
$31,800,000 · American National Bank
Jan 5, 2022
—
Hawthorne Midway Proximity Pointe L
Proximity Pointe LLC
Warranty Deed
—
Mar 1, 2019
—
Proximity Pointe LLC
Icw Props LLC
Warranty Deed
related
$4,453,650 · United Cmnty Bk
Dec 15, 2016
$2,000,000
Icw Properties LLC
Fourteenpointsix Acres LLC
Grant Deed
—
Oct 15, 2012
$975,000
Fourteenpointsix Acres LLC
Williamson Family LP
Warranty Deed
—
Jan 23, 2006
—
Williamson Family
Annabelle G Williamson
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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