Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    700 Miles Jamison Rd Summerville, SC 29485-8747

    • Auto shops
    • 3,600 SF
    • 0.58 lot acres
    OFF-MARKET
    Last Sale
    May 17, 2021
    $412,500
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US77-1009513
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Auto shops

    Property Details for 700 Miles Jamison Rd

    Year built
    1986
    Construction
    METAL FRAME
    Lot size
    0.58 lot acres
    Property size
    3,600 SF
    Zone code
    CG_DC
    Property type
    Auto shops
    APN
    145-12-07-033
    APU
    1451207033

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Summerville
    County
    Dorchester
    State
    South Carolina
    Longitude
    -80.1673
    Latitude
    32.9941
    CBSA code
    16700
    CBSA name
    CHARLESTON-NORTH CHARLESTON, SC METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $10,520
    $8,874
    $15,750
    $24,624
    -
    $147,895
    $262,505
    $410,400

    Comparable in this City

    • Value Estimation
      $865,000
      6,601 SF

      1920 Old Trolley Rd

      AUTO REPAIR, GARAGE • 6,601 SF
      1920 Old Trolley Rd, Summerville, SC 29485-8207
      View Details
    • Value Estimation by Request
      11,200 SF

      175 Community Rd

      AUTO REPAIR, GARAGE • 11,200 SF
      175 Community Rd, Summerville, SC 29485-7413
      View Details
    • Value Estimation by Request
      900 SF

      225 Old Trolley Rd Ste C

      AUTO REPAIR, GARAGE • 900 SF
      225 Old Trolley Rd Ste C, Summerville, SC 29485-4952
      View Details
    • Value Estimation
      $1,150,000
      5,166 SF

      1550 Old Trolley Rd

      AUTO REPAIR, GARAGE • 5,166 SF
      1550 Old Trolley Rd, Summerville, SC 29485-8209
      View Details
    • Value Estimation
      $3,275,000
      14,368 SF

      124 Suburban Ln

      AUTO REPAIR, GARAGE • 14,368 SF
      124 Suburban Ln, Summerville, SC 29485
      View Details
    • Value Estimation
      $1,175,000
      10,160 SF

      2850 Bacons Brg Rd

      AUTO REPAIR, GARAGE • 10,160 SF
      2850 Bacons Brg Rd, Summerville, SC 29485-7701
      View Details

    Similar Nearby for Sale

    • $399,000

      Commercial Property in Summerville, SC

      Versatile commercial property on .29 acres, endless potential.
      10562 Dorchester Rd, Summerville, SC 29485
      View Details
    • $350,000

      Retail Condo Near Downtown Summerville

      Retail condo in Wood Oak Park, minutes from downtown Summerville.
      907 Miles Jamison Rd, Summerville, SC 29485
      View Details
    • $1,500,000
      9.15 Acres

      Summerville Land Parcel For Sale

      9.15-acre parcel near Summerville and West Ashley.
      Ashley River Rd, Summerville, SC 29485
      View Details
    • $646,500
      3,887 SF

      Summerville Quadplex Investment Opportunity

      Fully occupied quadplex in Summerville, SC, with solid rental history.
      103 Magwood Dr, Summerville, SC 29485
      View Details
    • Contact for pricing

      Wooded Lot in Growing Summerville

      6-acre wooded lot ideal for retail or office development.
      416 Thomaston Ave, Summerville, SC 29485
      View Details

    Similar Nearby for Lease

    • $22 SF/Yr
      56,780 SF

      Dorchester Road Retail Space

      Summerville, SC storefront retail opportunity.
      10150 Dorchester Rd, Summerville, SC 29485
      View Details
    • Contact for pricing
      1,900 SF

      Retail Space at Bradford Village

      Inline retail suite available for lease in Summerville, SC.
      440 Old Trolley Rd, Summerville, SC 29485
      View Details
    • Contact for pricing
      7,013 SF

      Retail Space Available For Lease

      Retail property available for lease in Summerville, South Carolina.
      460 Old Trolley Rd, Summerville, SC 29485
      View Details
    • Contact for pricing
      4,972 SF

      Turnkey Restaurant Space Available

      Fully equipped restaurant space adaptable for various retail uses.
      9976 Dorchester Rd, Summerville, SC 29485
      View Details
    • Contact for pricing

      Retail Space in Growing Community

      Retail space available in a rapidly growing suburban community.
      4488 Ladson Rd, Summerville, SC 29485
      View Details
    • Contact for pricing
      1,000 SF

      Retail Space on Bacons Bridge

      22,604 SF retail building off Bacons Bridge Road.
      900 Bacons Bridge Rd, Summerville, SC 29485
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    700 Miles Jamison Rd
    Summerville, SC 29485-8747
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!