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Property profile & analytics
OFF-MARKET
Estimated value
$610,000
Office buildings
5910 Griffin St Hanahan, SC 29410-2605
Entity Owned
13-yr Hold
~
Est. High Equity
Property ID
US77-0573057
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2008
Total area
2,585 SF
Zoning code
HANAHAN - TC
APN
265-15-06-023
UPID
US77-0573057
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
$595k
Comparable Approach
Comparable
$711k
Blend (final)
Blend
$610k
Owner & transaction history
Parker Holdings Of Hanahan LLC · 13 yrs held
Parker Holdings Of Hanahan LLC
since 2012
5 recorded transactions
Zoning & alternative use
HANAHAN - TC · Hanahan, 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 Hanahan submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hanahan 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%
$645,000
6.5%
$595,000
7%
$555,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$980,000
Current use
Blend value · Realmo final
$610k
Range $549k – $671k · ±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
$236 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$6,865
Tax year 2022
Assessed value
$20,734
Assessed 2022
Previous assessed
$20,730
+0.0% YoY
Effective rate
33.11%
On assessed value
Assessed land
$3,080
Assessed improvement
$17,654
Land market value
$65,000
Improvement market value
$372,600
Total market value
$437,600
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
2008
Heating
NONE
Stories
1
Total area
2,585 SF
Zoning code
HANAHAN - TC
APN
265-15-06-023
UPID
US77-0573057
Jurisdiction
BERKELEY
Zoning & alternative use
HANAHAN - TC · Hanahan, SC
Zoning HANAHAN - TC · permitted uses
HANAHAN - TC · Hanahan, SC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Hanahan. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$980,000
OFFICE BUILDING Current
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
2008
Heating
NONE
Stories
1
Current owner
From public records · entity-resolved
Parker Holdings Of Hanahan LLC
Entity
Mailing address
5910 GRIFFIN ST, HANAHAN, SC 29410-2605
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 22, 2016
—
Parker Holdings Of Hanahan LLC
—
Deed
related
$336,000 · Ameris Bank
Sep 27, 2012
$345,000
Parker Holdings Of Hanahan LLC
5910 Griffin Street LLC
Grant Deed
$375,000 · Ameris Bank
Aug 31, 2007
$230,000
5910 Griffin Avenue LLC
Dodrill,john & Julie C
Warranty Deed
$432,000 · Carolina First Bank
—
—
Parker Holdings Of Hanahan LLC
—
Deed Of Trust
related
$180,000 · Ameris Bk
—
—
Julie C Dodrill
—
Deed Of Trust
related
$83,300 · Wells Fargo Bank
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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