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Property profile & analytics
OFF-MARKET
Estimated value
$4,385,000
Apartment buildings
805 Darlington St Florence, SC 29501-2173
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US77-1746407
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1950
Total area
3,703 SF
Lot
40.72 ac (1,773,763 SF)
Zoning code
R1
APN
90060-12-009
UPID
US77-1746407
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
Current use
Occupant on record · Public records
-
Florence Flats Apartment Homes Apartment Complex
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.42M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.39M
Owner & transaction history
Florence Flats LLC · 1 yrs held
Florence Flats LLC
since 2025
Last sale
$4.6M
7 recorded transactions
Zoning & alternative use
R1 · Florence, SC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Florence submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Florence 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
$3,925,000
ML approach
$4,415,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$4.39M
Range $3.95M – $4.82M · ±10% · vs last sale $4.60M (May 2 2025)
Last sale anchor
$4.60M
May 2 2025
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
$1,184 / 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
$20,231
Tax year 2023
Assessed value
$37,798
Assessed 2023
Previous assessed
$37,798,246
-99.9% YoY
Effective rate
53.52%
On assessed value
Assessed land
$3,083
Assessed improvement
$34,715
Land market value
$77,082
Improvement market value
$867,874
Total market value
$944,956
Applied tax rate
110.0000
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1950
Heating
NONE
Units
6
Total area
3,703 SF
Lot
40.72 ac (1,773,763 SF)
Zoning code
R1
APN
90060-12-009
UPID
US77-1746407
Jurisdiction
FLORENCE
Zoning & alternative use
R1 · Florence, SC
Zoning R1 · permitted uses
R1 · Florence, SC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Florence. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1950
Heating
NONE
Units
6
Lot
40.72 ac
Current owner
From public records · entity-resolved
Florence Flats LLC
Entity
Mailing address
5000 OLD BUNCOMBE RD STE #27, GREENVILLE, SC 29617-8208
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 2, 2025
$4,600,000
Florence Flats LLC
Arete Wyndham Property Owner LLC
Special Warranty Deed
$3,100,000 · Schaumburg Bank & Trust Co NA
Jun 15, 2023
$3,500,000
Casa Bahari LLC
Darlington 48 Unit LLC
Deed
$2,955,729 · Lima One Capital LLC
Mar 23, 2022
—
Darlington 48 Unit LLC
—
Deed
related
$1,400,000 · Bank Of Walterboro
Aug 6, 2018
$1,176,000
Darlington 48 Unit LLC
Tricounty Weatherization Grp L
Grant Deed
related
—
Apr 25, 2018
$1,176,000
Darlington 48 Unit LLC
Tricounty Weatherization Grp L
Grant Deed
$950,000 · Summit & Crowne Cap Ptrs LLC
Jun 4, 2015
$525,000
Tri County Weatherization Grou
Wyndham Place Holdings LLC
Grant Deed
—
Dec 31, 2013
$200,000
Wyndham Place Holdings LLC
Wyndham Place Apartments LP
Grant Deed
—
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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