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Property profile & analytics
FOR SALE
Medical Office Space
85 Springview Ln, Summerville, SC 29456
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US77-0938194
For Sale
1 / 3
$2,050,000
85 Springview Ln, Summerville, SC 29456
View Listing →
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2009
Construction
FRAME
Total area
7,048 SF
Lot
1.02 ac (44,431 SF)
Zoning code
NB_SV
APN
154-00-00-065
UPID
US77-0938194
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
$840k
Blend (final)
Blend
$1.39M
Owner & transaction history
Eighty-five Springview LLC · 9 yrs held
Eighty-five Springview LLC
since 2016
3 recorded transactions
Zoning & alternative use
NB_SV · Ladson, 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 Summerville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Summerville 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
MEDICAL BUILDING
$1,980,000
Current use
OFFICE BUILDING
$1,885,000
Change: -5% · Conversion: Easy
Blend value · Realmo final
$1.39M
Range $1.25M – $1.53M · ±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
$197 / 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
$30,898
Tax year 2023
Assessed value
$83,040
Assessed 2023
Previous assessed
$83,040
+0.0% YoY
Effective rate
37.21%
On assessed value
Assessed land
$15,545
Assessed improvement
$67,495
Land market value
$259,078
Improvement market value
$1,124,921
Total market value
$1,383,999
Applied tax rate
271.0000
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
For Sale
Year built
2009
Construction
FRAME
Heating
HEAT PUMP
Cooling
CENTRAL
Stories
1
Total area
7,048 SF
Lot
1.02 ac (44,431 SF)
Zoning code
NB_SV
APN
154-00-00-065
UPID
US77-0938194
Jurisdiction
DORCHESTER
Zoning & alternative use
NB_SV · Ladson, SC
Zoning NB_SV · permitted uses
NB_SV · Ladson, SC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Ladson. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$2.0M
OFFICE BUILDING
Est. value
$1.9M
MEDICAL BUILDING Current
OFFICE BUILDING
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
FRAME
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Lot
1.02 ac
Current owner
From public records · entity-resolved
Eighty-five Springview LLC
Entity
Mailing address
3506 W MONTAGUE AVE STE #200, NORTH CHARLESTON, SC 29418-6001
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 28, 2016
$1,384,120
Eighty-five Springview LLC
Springview Medical Props LLC
Grant Deed
related
$780,000 · United Cmnty Bk
Dec 4, 2008
$173,490
Springview Medical Props LLC
Oakbrook Medical Props LLC
Grant Deed
$1,538,000 · Wachovia Bk/ga
Feb 14, 2006
$170,000
Oakbrook Medical Props LLC
Jasmar & Associates LLC
Grant Deed
$170,000 · Wachovia Bk/ga
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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