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Property profile & analytics
FOR LEASE
Strip malls
606 Bacons Bridge Rd Summerville, SC 29485
Entity Owned
3-yr Hold
Free & Clear
Property ID
US77-2127387
For Lease
1 / 2
$2,420,000
606 Bacons Bridge Rd, Summerville, SC 29485
View Listing →
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1981
Construction
FRAME
Total area
51,900 SF
Lot
11.96 ac (520,978 SF)
Zoning code
GB_SV
APN
145-00-00-004
UPID
US77-2127387
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
Current use
Occupant on record · Public records
-
Wild Ginger Asian Bistro & Sushi Bar Restaurant
-
Sawmill Village Shopping Center & Mall
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.42M
Owner & transaction history
Harris Teeter LLC · 3 yrs held
Harris Teeter LLC
since 2023
7 recorded transactions
Zoning & alternative use
GB_SV · Summerville, SC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Industrial (general)
$3.8M
+89.3%
Retail stores
$2.9M
+41.7%
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 Summerville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Summerville 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$2,025,000
Current use
INDUSTRIAL (GENERAL)
$3,835,000
Change: +89% · Conversion: Difficult
RETAIL STORES
$2,870,000
Change: +42% · Conversion: Easy
Blend value · Realmo final
$2.42M
Range $2.18M – $2.66M · ±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
$47 / 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
$489,613
Tax year 2023
Assessed value
$1,083,900
Assessed 2023
Previous assessed
$1,542,000
-29.7% YoY
Effective rate
45.17%
On assessed value
Assessed land
$462,852
Assessed improvement
$621,048
Land market value
$7,714,200
Improvement market value
$10,350,800
Total market value
$18,065,000
Applied tax rate
207.0000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
For Lease
Year built
1981
Construction
FRAME
Heating
CENTRAL
Cooling
CENTRAL
Buildings
3
Stories
1
Total area
51,900 SF
Lot
11.96 ac (520,978 SF)
Zoning code
GB_SV
APN
145-00-00-004
UPID
US77-2127387
Jurisdiction
DORCHESTER
Zoning & alternative use
GB_SV · Summerville, SC
Zoning GB_SV · permitted uses
GB_SV · Summerville, SC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Summerville. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$2.0M
INDUSTRIAL (GENERAL)
Est. value
$3.8M
RETAIL STORES
Est. value
$2.9M
NEIGHBORHOOD: SHOPPING CENTER Current
INDUSTRIAL (GENERAL)
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
1981
Construction
FRAME
Heating
CENTRAL
Cooling
Yes
Stories
1
Buildings
3
Lot
11.96 ac
Current owner
From public records · entity-resolved
Harris Teeter LLC
Entity
Free & Clear · 3 yrs held
Mailing address
PO BOX 10100, MATTHEWS, NC 28106-0100
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 25, 2025
—
Koury Sawmiill Village LLC
—
Deed
related
$16,000,000 · Truist Bank
Jan 13, 2023
—
Harris Teeter LLC
Ferncroft Summerville Plaza LLC
Lease
—
Dec 16, 2021
—
Koury Sawmill Village LLC
Ferncroft Summerville Plaza LLC
Quit Claim Deed
related
—
Apr 2, 2018
—
Ferncroft Summerville Plz LLC
—
Grant Deed
related
$27,000,000 · Pinnacle Bk/sioux Cty
Feb 10, 2016
—
Ferncroft Summervill Plaza LLC
Scdot
Grant Deed
related
—
Dec 30, 2013
—
Ferncroft Summerville Plaza Ll
—
Trustees Deed
related
$1,270,000 · Bb&t R/e Fndg
Oct 9, 2013
$13,346,016
Ferncroft Summerville Plaza Ll
Summerville Sc Prop Holdings L
Grant Deed
related
—
Aug 9, 2013
—
Ferncroft Summerville Plaza Ll
Summerville Sc Prop Holdings L
Quit Claim Deed
related
—
Jan 9, 2007
$11,850,000
Sc Prop Holdings L Summerville
Glenwood Summerville Co LLC
Grant Deed
related
—
Aug 23, 1999
$5,737,544
Glenwood,summerville LLC
—
Grant Deed
related
—
Dec 5, 1997
—
K & At Associates
Herma Holdings
Grant Deed
related
—
—
—
Ferncroft Summerville Plaza Ll
—
Loan Modification
related
$12,700,000 · Bb&t R/e Fndg
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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