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Property profile & analytics
OFF-MARKET
Estimated value
$8,650,000
Commercial land
622 Cp Swamp Rd Loris, SC 29569
Entity Owned
2-yr Hold
Free & Clear
Property ID
US77-1690647
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Year built
1990
Total area
12,156 SF
Lot
152.37 ac (6,637,237 SF)
Zoning code
R1
APN
216-00-00-0029
UPID
US77-1690647
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
-
CE Welding & Fabrication LLC General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$8.65M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$9.64M
Blend (final)
Blend
$8.65M
Owner & transaction history
Dr Horton INC · 2 yrs held
Dr Horton INC
since 2024
Last sale
$8.7M
7 recorded transactions
Zoning & alternative use
R1 · Loris, 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 Loris submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Loris 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
$8,650,000
ML approach
$8,650,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$8.65M
Range $7.79M – $9.52M · ±10% · vs last sale $8.65M (Apr 26 2024)
Last sale anchor
$8.65M
Apr 26 2024
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
$712 / 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
$34,132
Tax year 2023
Assessed value
$139,134
Assessed 2023
Previous assessed
$139,134
+0.0% YoY
Effective rate
24.53%
On assessed value
Assessed land
$139,104
Assessed improvement
$30
Land market value
$2,318,400
Improvement market value
$500
Total market value
$2,318,900
Applied tax rate
250.0000
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Year built
1990
Heating
NONE
Total area
12,156 SF
Lot
152.37 ac (6,637,237 SF)
Zoning code
R1
APN
216-00-00-0029
UPID
US77-1690647
Jurisdiction
HORRY
Zoning & alternative use
R1 · Loris, SC
Zoning R1 · permitted uses
R1 · Loris, SC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Loris. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1990
Heating
NONE
Lot
152.37 ac
Current owner
From public records · entity-resolved
Dr Horton INC
Entity
Free & Clear · 2 yrs held
Mailing address
622 CP SWAMP RD, LORIS, SC 29569
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 26, 2024
$8,652,000
Dr Horton INC
Black Bear Land Holdings LLC
Warranty Deed
—
Dec 17, 2021
—
Buck Creek Land Development LLC
Black Bear Land Holdings LLC
Warranty Deed
$634,800 · D R Horton
Oct 20, 2021
—
Black Bear Land Holdings LLC
Apex Land Holdings LLC
Warranty Deed
—
Jan 25, 2019
$1,350,000
Apex Land Hldgs LLC
Black Bear Global LLC
Warranty Deed
related
$2,645,000 · Coastal Carolina Nat'l Bk
May 29, 2014
$1,500,000
Black Bear Global LLC
Ggg Of Myrtle Beach LLC
Grant Deed
—
Apr 19, 2011
—
Ggg Of Myrtie Beach LLC
—
Grant Deed
related
$6,406,000 · Nbsc
Aug 28, 2000
$3,900,000
Ggg Of Mb LLC
—
Grant 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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