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Property profile & analytics
FOR LEASE
Warehouses
7644 Southrail Rd, North Charleston, SC 29420
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US77-3029954
For Lease
1 / 19
$14 SF/Yr
7644 Southrail Rd, North Charleston, SC 29420
View Listing →
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2006
Total area
48,000 SF
Lot
3 ac (130,680 SF)
APN
484-00-00-092
UPID
US77-3029954
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
$9.70M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$8.77M
Owner & transaction history
Excelsior Southrail LLC · 3 yrs held
Excelsior Southrail LLC
since 2023
Last sale
$8.2M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$10.9M
+58.8%
Industrial (general)
$8.2M
+19.6%
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 North Charleston submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs North Charleston 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
$8,980,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$10,505,000
6.5%
$9,700,000
7%
$9,005,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$6,845,000
Current use
RETAIL STORES
$10,870,000
Change: +59% · Conversion: Moderate
INDUSTRIAL (GENERAL)
$8,185,000
Change: +20% · Conversion: Easy
Blend value · Realmo final
$8.77M
Range $7.89M – $9.65M · ±10% · vs last sale $8.20M (Apr 14 2023)
Last sale anchor
$8.20M
Apr 14 2023
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
$183 / 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
$54,306
Tax year 2023
Assessed value
$169,240
Assessed 2023
Previous assessed
$169,240
+0.0% YoY
Effective rate
32.09%
On assessed value
Land market value
$480,000
Improvement market value
$2,340,700
Total market value
$2,820,700
Applied tax rate
4.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
For Lease
Year built
2006
Heating
HEAT PUMP
Stories
1
Total area
48,000 SF
Lot
3 ac (130,680 SF)
APN
484-00-00-092
UPID
US77-3029954
Jurisdiction
CHARLESTON
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
$6.8M
RETAIL STORES
Est. value
$10.9M
INDUSTRIAL (GENERAL)
Est. value
$8.2M
WAREHOUSE, STORAGE Current
RETAIL STORES
INDUSTRIAL (GENERAL)
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
2006
Heating
HEAT PUMP
Stories
1
Lot
3 ac
Current owner
From public records · entity-resolved
Excelsior Southrail LLC
Entity
Mailing address
104 WOODMONT BLVD STE #120, NASHVILLE, TN 37205-2311
Ownership since
2023
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
Apr 14, 2023
$8,203,500
Excelsior Southrail LLC
Henninger Properties LLC
Limited Warranty Deed
$4,500,000 · Ameritas Life Insurance Corp
Aug 19, 2021
—
Henninger Properties LLC
—
Deed
related
$3,500,000 · Ameris Bank
May 10, 2016
—
Henninger Properties LLC
Henninger,william W
Quit Claim Deed
related
—
Jan 13, 2006
—
William W Henninger
—
Trustees Deed
related
$500,000 · First Reliance Bank
Dec 30, 2002
$110,000
W Henninger
—
Grant Deed
—
—
—
William W Henninger
—
Deed Of Trust
related
$1,927,000 · Ameris Bank
—
—
William W Henninger
—
Deed Of Trust
related
$1,100,000 · First Reliance Bank
—
—
William W Henninger
—
Deed Of Trust
related
$2,200,500 · Ameris 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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