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Property profile & analytics
OFF-MARKET
Estimated value
$33,975,000
Distribution centers
7413 Magi Rd Hanahan, SC 29410-6537
Entity Owned
7-yr Hold
Free & Clear
Property ID
US77-1914807
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
2019
Total area
313,920 SF
Lot
23.09 ac (1,005,800 SF)
Zoning code
HANAHAN - ID
APN
259-00-00-135
UPID
US77-1914807
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
by Request
Comparable Approach
Comparable
$39.74M
Blend (final)
Blend
$33.98M
Owner & transaction history
Scg 7413 Magi Rd LP · 7 yrs held
Scg 7413 Magi Rd LP
since 2019
7 recorded transactions
Zoning & alternative use
HANAHAN - ID · Hanahan, SC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$54.3M
+21.3%
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 Hanahan submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hanahan 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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$44,770,000
Current use
AUTO REPAIR, GARAGE
$54,290,000
Change: +21% · Conversion: Easy
Blend value · Realmo final
$33.98M
Range $30.58M – $37.37M · ±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
$108 / 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
$10,381
Tax year 2023
Assessed value
$2,380,758
Assessed 2023
Previous assessed
$2,073,120
+14.8% YoY
Effective rate
0.44%
On assessed value
Assessed land
$264,432
Assessed improvement
$2,116,326
Land market value
$4,407,200
Improvement market value
$35,272,100
Total market value
$39,679,300
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
2019
Heating
NONE
Total area
313,920 SF
Lot
23.09 ac (1,005,800 SF)
Zoning code
HANAHAN - ID
APN
259-00-00-135
UPID
US77-1914807
Jurisdiction
BERKELEY
Zoning & alternative use
HANAHAN - ID · Hanahan, SC
Zoning HANAHAN - ID · permitted uses
HANAHAN - ID · Hanahan, SC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Hanahan. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$44.8M
AUTO REPAIR, GARAGE
Est. value
$54.3M
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
2019
Heating
NONE
Lot
23.09 ac
Current owner
From public records · entity-resolved
Scg 7413 Magi Rd LP
Entity
Free & Clear · 7 yrs held
Mailing address
PO BOX 80615, INDIANAPOLIS, IN 46280-0615
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 21, 2020
—
Scg 7413 Magi Rd LP
—
Deed
related
$100,000,000 · Prudential Insurance Of America
Jun 26, 2019
$35,500,000
Scg 7413 Magi Rd LP
West-signal Indl Prop D LLC
Grant Deed
—
Feb 12, 2018
—
West-signal Indl Prop D LLC
—
Grant Deed
related
$33,341,320 · Bank Of America
Nov 30, 2017
—
West-signal Indl Prop D LLC
North Pointe Park Partners LLC
Quit Claim Deed
related
—
Nov 30, 2017
$3,915,000
West-signal Indl Prop D LLC
North Pointe Park Partners LLC
Grant Deed
—
May 21, 2008
$20,000,000
M & I Marshall & Ilsley Bank
North Pointe Park Partners LLC
Grant Deed
related
—
Apr 16, 2008
—
North Pointe Park Partners LLC
North Pointe Properties INC
Quit Claim Deed
—
—
—
North Pointe Park Partners LLC
—
Deed Of Trust
related
$1,965,000 · Regions Bank
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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