Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$660,000
Medical Office Space
8385 Dorchester Rd North Charleston, SC 29418-2916
Entity Owned
16-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US77-0520486
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2009
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
2,970 SF
Lot
1.38 ac (60,113 SF)
Zoning code
CG_DC
APN
181-00-00-028
UPID
US77-0520486
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
$645k
Comparable Approach
Comparable
$559k
Blend (final)
Blend
$660k
Owner & transaction history
Steven R Bates Real Estate LLC · 16 yrs held
Steven R Bates Real Estate LLC
since 2010
6 recorded transactions
Zoning & alternative use
CG_DC · North Charleston, 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 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$700,000
6.5%
$645,000
7%
$600,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$785,000
Current use
COMMERCIAL (GENERAL)
$720,000
Change: -8% · Conversion: Easy
RETAIL STORES
$675,000
Change: -15% · Conversion: Difficult
Blend value · Realmo final
$660k
Range $594k – $726k · ±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
$222 / 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
$18,919
Tax year 2023
Assessed value
$49,896
Assessed 2023
Previous assessed
$49,896
+0.0% YoY
Effective rate
37.92%
On assessed value
Assessed land
$29,808
Assessed improvement
$20,088
Land market value
$496,800
Improvement market value
$334,800
Total market value
$831,600
Applied tax rate
203.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
2009
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
NONE
Stories
1
Total area
2,970 SF
Lot
1.38 ac (60,113 SF)
Zoning code
CG_DC
APN
181-00-00-028
UPID
US77-0520486
Jurisdiction
DORCHESTER
Zoning & alternative use
CG_DC · North Charleston, SC
Zoning CG_DC · permitted uses
CG_DC · North Charleston, SC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
North Charleston. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$785,000
COMMERCIAL (GENERAL)
Est. value
$720,000
RETAIL STORES
Est. value
$675,000
MEDICAL BUILDING Current
COMMERCIAL (GENERAL)
RETAIL STORES
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
2009
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
Yes
Stories
1
Lot
1.38 ac
Current owner
From public records · entity-resolved
Steven R Bates Real Estate LLC
Entity
Mailing address
1536 WANDO VW ST, DANIEL ISLAND, SC 29492-8518
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2010
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
May 21, 2018
—
Steven R Bates Real Estate LLC
—
Deed
related
$1,100,000 · South St Bk
Apr 16, 2010
—
Steven R Bates Real Estate LLC
Bates,steven R
Quit Claim Deed
related
$852,000 · Wells Fargo Bank
Aug 27, 2009
—
Steven R Bates
Steven R Bates Dmd LLC
Quit Claim Deed
related
—
May 1, 2008
—
Steven R Bates Dmd LLC
Bates,steven R
Quit Claim Deed
related
$740,600 · First Palmetto Svgs Bk Fsb
Jan 17, 2007
$350,000
Steven R Bates
Trust C
Grant Deed
—
—
—
Steven R Bates Real Estate LLC
—
Deed Of Trust
related
$1,100,000 · South St 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 8385 Dorchester Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
