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Property profile & analytics
OFF-MARKET
Estimated value
$725,000
Grocery and convenience stores
7406 Hwy 905, Longs, SC 29568-6737
Entity Owned
16-yr Hold
Free & Clear
Property ID
US77-1836525
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1963
Construction
CONCRETE
Total area
4,110 SF
Lot
0.52 ac (22,651 SF)
Zoning code
RZ
APN
300-08-03-0004
UPID
US77-1836525
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
$505k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$815k
Blend (final)
Blend
$725k
Owner & transaction history
Troutman Group LLC · 16 yrs held
Troutman Group LLC
since 2009
6 recorded transactions
Zoning & alternative use
RZ · Longs, SC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$925,000
+68.5%
Office building
$920,000
+67.7%
Retail stores
$765,000
+38.7%
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 Longs submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Longs 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
$505,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$550,000
Current use
COMMERCIAL (GENERAL)
$925,000
Change: +68% · Conversion: Easy
OFFICE BUILDING
$920,000
Change: +68% · Conversion: Moderate
RETAIL STORES
$765,000
Change: +39% · Conversion: Easy
WAREHOUSE, STORAGE
$750,000
Change: +37% · Conversion: Difficult
Blend value · Realmo final
$725k
Range $653k – $798k · ±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
$176 / 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
$1,857
Tax year 2023
Assessed value
$7,114
Assessed 2023
Effective rate
26.10%
On assessed value
Assessed land
$1,076
Assessed improvement
$6,038
Land market value
$22,620
Improvement market value
$159,800
Total market value
$182,420
Applied tax rate
200.0000
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
1963
Construction
CONCRETE
Heating
HOT WATER
Cooling
YES
Total area
4,110 SF
Lot
0.52 ac (22,651 SF)
Zoning code
RZ
APN
300-08-03-0004
UPID
US77-1836525
Jurisdiction
HORRY
Zoning & alternative use
RZ · Longs, SC
Zoning RZ · permitted uses
RZ · Longs, SC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Longs. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$550,000
COMMERCIAL (GENERAL)
Est. value
$925,000
OFFICE BUILDING
Est. value
$920,000
RETAIL STORES
Est. value
$765,000
WAREHOUSE, STORAGE
Est. value
$750,000
NEIGHBORHOOD: SHOPPING CENTER Current
COMMERCIAL (GENERAL)
OFFICE BUILDING
RETAIL STORES
WAREHOUSE, STORAGE
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
1963
Construction
CONCRETE
Heating
HOT WATER
Cooling
Yes
Lot
0.52 ac
Current owner
From public records · entity-resolved
Troutman Group LLC
Entity
Free & Clear · 16 yrs held
Mailing address
730 BURCALE RD STE A, MYRTLE BEACH, SC 29579-8359
Ownership since
2009
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 24, 2009
$535,000
Troutman Group LLC
C & S Powerwash LLC
Warranty Deed
—
Jul 20, 2005
$83,000
C & S Powerwash LLC
Seaboard-standard Corp
Grant Deed
—
Apr 13, 2005
—
Seaboard-standard Corp
Brantons Stores INC
Grant Deed
$70,000 · Frederick L Harris
Dec 31, 2000
—
Branton, Annette C Tr
—
Deed Of Trust
related
—
—
—
C & S Powerwash LLC
—
Deed Of Trust
related
$540,000 · National Bk/sc
—
—
Troutman Group LLC
—
Deed Of Trust
related
$376,000 · South Atlantic 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.
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