Individually Owned Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1968
Construction
CONCRETE
Total area
2,950 SF
Lot
0.06 ac (2,614 SF)
Zoning code
C2
APN
461-01-03-0114
UPID
US77-0368021
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Alternative Medicine Practice Spa & Massage Center
-
Hair Salon
-
Hair Salon
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$445k
CAP Approach
CAP
$705k
Comparable Approach
Comparable
$468k
Blend (final)
Blend
$545k
Owner & transaction history
since 2015
5 recorded transactions
Zoning & alternative use
C2 · Surfside Beach, SC
Zoning description
the restaurant use (C1, C2, C3, E, and MU), no outdoor bars for the service of alcohol shall be permitted. d. Any restaurant use with open or outdoor dining shall be further subject to the requirements imposed by this Co…
General category
COMMERCIAL
Top alternative use upside
Medical building
$890,000
+91.5%
Retail stores
$600,000
+29.1%
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
5 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
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Summary
1
Valuation conclusion
Included free
Estimated market value
$545k
Value range
$491k – $600k
±10% around blend
Estimated value / SF
$185 / SF
Confidence
Property data
75
Market benchmarks
67
Comparable evidence
60
$491k
blend $545k
$600k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
2,950 SF
Lot area
0.06 ac
Year built
1968
APN
461-01-03-0114
Zoning
C2
Assessed value
$8,059
3
Income approach: direct capitalization
Partial preview
Income approach indication
$705k
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$765k
@ 6.5% CAP return
$705k
@ 7% CAP return
$655k
4
Sales comparison
Partial preview
Sales approach indication
$468k
Range $319k – $683k
Evidence
6 found
Recent peer sales in this city
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$545k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
Submarket 82 sales
$157
+17%
County 154 sales
$183
+1%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $185/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Medical Building
Gross theoretical uplift
+91%
vs current-use indication
Retail Stores
Warehouse, Storage · current use
Office Building
Neighborhood: Shopping Center
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
Not available
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Market rates by use type
PDF export
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Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$8k
Move the market yield to see immediate price impact.
Value / SF
$3
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$508
$10k
$7k
$6k
$564
$11k
$8k
$6k
$620
$12k
$9k
$7k
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Assessed value
$8,059
Assessed 2023
Previous assessed
$8,059
+0.0% YoY
Assessed land
$4,500
Assessed improvement
$3,559
Land market value
$75,000
Improvement market value
$69,700
Total market value
$144,700
Applied tax rate
660.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1968
Construction
CONCRETE
Heating
SOLAR
Cooling
CENTRAL
Total area
2,950 SF
Lot
0.06 ac (2,614 SF)
Zoning code
C2
APN
461-01-03-0114
UPID
US77-0368021
Jurisdiction
HORRY
Zoning & alternative use
C2 · Surfside Beach, SCZoning C2 · permitted uses
C2 · Surfside Beach, SC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Zoning description
the restaurant use (C1, C2, C3, E, and MU), no outdoor bars for the service of alcohol shall be permitted. d. Any restaurant use with open or outdoor dining shall be further subject to the requirements imposed by this Co…
General category
COMMERCIAL
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1968
Construction
CONCRETE
Heating
SOLAR
Cooling
Yes
Lot
0.06 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Matched to the official district catalog
C2
COMMERCIAL
Jurisdiction
Surfside Beach, SC
Recorded code
C2
Official district
C2
Official district profile
What the municipal code says about C2
Zoning description
the restaurant use (C1, C2, C3, E, and MU), no outdoor bars for the service of alcohol shall be permitted. d. Any restaurant use with open or outdoor dining shall be further subject to the requirements imposed by this Co…
General category
COMMERCIAL
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for C2 in Surfside Beach, SC.
What opens after registration
Zoning profile
Official descriptionThe district text from the municipal code
District factsZone name, category and district area
2 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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