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Property profile & analytics
OFF-MARKET
Estimated value
$28,505,000
Distribution centers
631 Omni Industrial Blvd Summerville, SC 29486-7215
Entity Owned
3-yr Hold
Free & Clear
Property ID
US77-2570008
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
2020
Total area
200,880 SF
Lot
35.19 ac (1,532,876 SF)
APN
207-00-02-153
UPID
US77-2570008
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
$17.78M
Comparable Approach
Comparable
$29.13M
Blend (final)
Blend
$28.51M
Owner & transaction history
Lba Ncc Company Xxviii LLC · 3 yrs held
Lba Ncc Company Xxviii LLC
since 2022
Last sale
$28.9M
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$44.1M
+79.9%
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
$27,080,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$19,255,000
6.5%
$17,775,000
7%
$16,505,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$24,505,000
Current use
AUTO REPAIR, GARAGE
$44,085,000
Change: +80% · Conversion: Easy
Blend value · Realmo final
$28.51M
Range $25.65M – $31.36M · ±10% · vs last sale $28.90M (Sep 1 2022)
Last sale anchor
$28.90M
Sep 1 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
$142 / 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
$7,056
Tax year 2023
Assessed value
$1,657,848
Assessed 2023
Previous assessed
$1,784,736
-7.1% YoY
Effective rate
0.43%
On assessed value
Assessed land
$428,064
Assessed improvement
$1,229,784
Land market value
$7,134,400
Improvement market value
$20,496,400
Total market value
$27,630,800
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
Off-Market
Year built
2020
Heating
NONE
Total area
200,880 SF
Lot
35.19 ac (1,532,876 SF)
APN
207-00-02-153
UPID
US77-2570008
Jurisdiction
BERKELEY
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$24.5M
AUTO REPAIR, GARAGE
Est. value
$44.1M
WAREHOUSE, STORAGE 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
2020
Heating
NONE
Lot
35.19 ac
Current owner
From public records · entity-resolved
Lba Ncc Company Xxviii LLC
Entity
Free & Clear · 3 yrs held
Mailing address
201 N FRANKLIN ST STE #1675, TAMPA, FL 33602-5135
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
Sep 2, 2025
—
Lba Ncc Company Xxviii LLC
—
Deed
related
$540,000,000 · Bank Of America NA
Jun 7, 2024
—
Lea Ncc Company Xxviii LLC
—
Deed
related
$90,590,000 · Pgim Real Estate Finance LLC
Sep 1, 2022
$28,900,000
Lba Ncc Company Xxviii LLC
Sonicsc LLC
Special Warranty Deed
—
Dec 21, 2020
$15,742,469
Sonicsc LLC
Rs Omni 200k LLC
Limited Warranty Deed
$9,500,000 · Jpmorgan Chase Bank NA
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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