Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$530,000
Office buildings
607 Carteret St Beaufort, SC 29902-5003
Individually Owned
4-yr Hold
~
Est. High Equity
Property ID
US77-0594781
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1875
Total area
1,700 SF
Lot
0.12 ac (5,227 SF)
Zoning code
6611
APN
R120 004 000 0636 0000
UPID
US77-0594781
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
$385k
Comparable Approach
Comparable
$545k
Blend (final)
Blend
$530k
Owner & transaction history
Kevin Thomas Blank · 4 yrs held
Kevin Thomas Blank
since 2022
Last sale
$500,000
4 recorded transactions
Zoning & alternative use
6611 · Beaufort, SC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$580,000
+37.3%
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 Beaufort submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Beaufort 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
$570,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$415,000
6.5%
$385,000
7%
$355,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$425,000
Current use
AUTO REPAIR, GARAGE
$580,000
Change: +37% · Conversion: Difficult
Blend value · Realmo final
$530k
Range $477k – $583k · ±10% · vs last sale $500k (Mar 15 2022)
Last sale anchor
$500k
Mar 15 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
$312 / 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
$7,758
Tax year 2023
Assessed value
$25,200
Assessed 2023
Previous assessed
$13,290
+89.6% YoY
Effective rate
30.79%
On assessed value
Land market value
$156,800
Improvement market value
$263,200
Total market value
$420,000
Applied tax rate
120.0000
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
1875
Heating
NONE
Stories
1
Rooms
3
Bathrooms
1
Total area
1,700 SF
Lot
0.12 ac (5,227 SF)
Zoning code
6611
APN
R120 004 000 0636 0000
UPID
US77-0594781
Jurisdiction
BEAUFORT
Zoning & alternative use
6611 · Beaufort, SC
Zoning 6611 · permitted uses
6611 · Beaufort, SC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Beaufort. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$425,000
AUTO REPAIR, GARAGE
Est. value
$580,000
OFFICE BUILDING Current
AUTO REPAIR, GARAGE
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
1875
Heating
NONE
Stories
1
Rooms
3
Bathrooms
1
Lot
0.12 ac
Current owner
From public records · entity-resolved
Kevin Thomas Blank
Individual
Mailing address
607 CARTERET ST, BEAUFORT, SC 29902-5003
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
Mar 15, 2022
$500,000
Kevin Thomas Blank
Richard A Keaney
Warranty Deed
$647,200 · Midland Mortgage Corp
Sep 1, 2016
$190,000
Richard A Kenney
Bftsc LLC
Warranty Deed
—
Jan 27, 2006
—
Bftsc LLC
Hoogenboom,beecher
Grant Deed
related
—
—
—
Bftsc LLC
—
Deed Of Trust
related
$250,000 · Crestmark 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 607 Carteret St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
