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Property profile & analytics
OFF-MARKET
Estimated value
$1,035,000
Office buildings
5401 Netherby Ln Ste 601 North Charleston, SC 29420-7364
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US77-2311277
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2006
Construction
FRAME
Total area
2,033 SF
Lot
0.05 ac (2,000 SF)
Zoning code
B1_NC
APN
171-13-00-011
UPID
US77-2311277
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
$1.15M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$836k
Blend (final)
Blend
$1.04M
Owner & transaction history
Adams Real Estate Holdings LLC · 4 yrs held
Adams Real Estate Holdings LLC
since 2022
Last sale
$1.0M
4 recorded transactions
Zoning & alternative use
B1_NC · North Charleston, SC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$840,000
+9.0%
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
$1,145,000
ML approach
$1,145,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$770,000
Current use
COMMERCIAL (GENERAL)
$840,000
Change: +9% · Conversion: Easy
Blend value · Realmo final
$1.04M
Range $932k – $1.14M · ±10% · vs last sale $1.03M (Apr 20 2022)
Last sale anchor
$1.03M
Apr 20 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
$509 / 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
$13,643
Tax year 2023
Assessed value
$24,396
Assessed 2023
Previous assessed
$24,396
+0.0% YoY
Effective rate
55.92%
On assessed value
Assessed land
$12,000
Assessed improvement
$12,396
Land market value
$200,000
Improvement market value
$206,600
Total market value
$406,600
Applied tax rate
208.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2006
Construction
FRAME
Heating
NONE
Cooling
NONE
Stories
1
Total area
2,033 SF
Lot
0.05 ac (2,000 SF)
Zoning code
B1_NC
APN
171-13-00-011
UPID
US77-2311277
Jurisdiction
DORCHESTER
Zoning & alternative use
B1_NC · North Charleston, SC
Zoning B1_NC · permitted uses
B1_NC · North Charleston, SC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
North Charleston. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$770,000
COMMERCIAL (GENERAL)
Est. value
$840,000
OFFICE BUILDING Current
COMMERCIAL (GENERAL)
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
2006
Construction
FRAME
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.05 ac
Current owner
From public records · entity-resolved
Adams Real Estate Holdings LLC
Entity
Mailing address
5401 NETHERBY LN STE #601, NORTH CHARLESTON, SC 29420-7364
Mailing matches property
Yes
Owner-occupied
Yes
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 20, 2022
$1,025,000
Adams Real Estate Holdings LLC
El Cid Properties LLC
Limited Warranty Deed
$512,500 · Beacon Community Bank
Jul 15, 2008
—
Elcid Properties LLC
Garcia,richard R & Mary D
Grant Deed
related
—
May 20, 2008
—
Elcid Properties LLC
Garcia,richard R & Mary D
Grant Deed
$1,050,000 · Suntrust Bank NA
—
—
El Cid Properties LLC
—
Deed Of Trust
related
$470,000 · Ameris Bk
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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