Financial
Distress signals
Property profile

85 Springview Ln Summerville, SC 29485

FOR SALE
Medical Office Space
Property ID
US77-0938194
7,048 SF 1.02 ac lot Built 2009
Last sale Sep 2016 · $1,384,120
Entity Owned Owner of record is a legal entity (LLC / corporation). 9-yr Hold Held for 9 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

Springview Medical Office Building is a healthcare-oriented multi-tenant office facility offering professional office suites configured to support specialty medical practices. The building contains approximately 2,423 square feet of space and is described as Class A. It is located adjacent to MUSC’s Primary Care Practice and is within a short distance of Summerville Hospital and the Medical Campus, serving the northern Tri-County area. The suites are offered on a net (NNN) lease structure.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$31k
Tax billed · 2023
Assessed value$83k
Assessed land$16k
Assessed improvement$67k
Effective rate37.21%

Value estimate

· Sep 2026
$1.39M
$1.25M – $1.53M
Submarket $/SF estimate$840k
NOI build-up
Gross scheduled income$210k
Vacancy & credit loss−$23k
Operating expenses−$47k
NOI · 6.97% cap applied$140k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$281/SF
Submarket average, outlier-cleaned · 23 recorded sales of this use type
Observed band · Q1–Q3$220 – $329

Cap rate analysis

How does the asset earn?
6.97%
$140k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
NB_SV
JurisdictionDORCHESTER

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply31.6
Wholesale Shop24.1
Law Firm22.3

Location

85 Springview Ln Summerville, SC 29485
County assessor Recorded deeds · 3 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 10 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
299 Midland, Summerville, SC 29485-8104 $2,825,000 Feb 2024 8,596 SF
10160 Dorchester, Summerville, SC 29485 $220,000 Mar 2023 7,047 SF
302 Midland, Summerville, SC 29485-8102 $1,500,000 Dec 2021 5,920 SF
296 Midland, Summerville, SC 29485-8101 $1,730,983 Mar 2021 4,733 SF
312 Midland, Summerville, SC 29485-8102 $1,200,000 Dec 2020 6,475 SF
75 Springview, Summerville, SC 29485-8154 $2,000,000 Sep 2020 7,300 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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