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Property profile & analytics
OFF-MARKET
Estimated value
$2,755,000
Retail space
8511 Dorchester Rd North Charleston, SC 29420-7308
Individually Owned
4-yr Hold
Free & Clear
Property ID
US77-2289167
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2021
Total area
6,655 SF
Lot
1.3 ac (56,628 SF)
Zoning code
CG_DC
APN
181-00-00-107
UPID
US77-2289167
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
$2.65M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.28M
Blend (final)
Blend
$2.76M
Owner & transaction history
Alex Feldman · 4 yrs held
Alex Feldman
since 2022
Last sale
$2.8M
6 recorded transactions
Zoning & alternative use
CG_DC · North Charleston, SC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$3.8M
+151.7%
Commercial (general)
$2.8M
+82.7%
Office building
$2.5M
+67.6%
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
$3,170,000
ML approach
$2,650,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$3,795,000
Change: +152% · Conversion: Easy
COMMERCIAL (GENERAL)
$2,755,000
Change: +83% · Conversion: Easy
OFFICE BUILDING
$2,525,000
Change: +68% · Conversion: Easy
MEDICAL BUILDING
$1,765,000
Change: +17% · Conversion: Difficult
Blend value · Realmo final
$2.76M
Range $2.48M – $3.03M · ±10% · vs last sale $2.84M (Apr 27 2022)
Last sale anchor
$2.84M
Apr 27 2022
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
$414 / 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
$63,040
Tax year 2023
Assessed value
$170,520
Assessed 2023
Previous assessed
$170,520
+0.0% YoY
Effective rate
36.97%
On assessed value
Assessed land
$42,000
Assessed improvement
$128,520
Land market value
$700,000
Improvement market value
$2,142,000
Total market value
$2,842,000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2021
Heating
HEAT PUMP
Stories
1
Total area
6,655 SF
Lot
1.3 ac (56,628 SF)
Zoning code
CG_DC
APN
181-00-00-107
UPID
US77-2289167
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
RESTAURANT
Est. value
$3.8M
COMMERCIAL (GENERAL)
Est. value
$2.8M
OFFICE BUILDING
Est. value
$2.5M
MEDICAL BUILDING
Est. value
$1.8M
RESTAURANT
COMMERCIAL (GENERAL)
OFFICE BUILDING
MEDICAL 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
2021
Heating
HEAT PUMP
Stories
1
Lot
1.3 ac
Current owner
From public records · entity-resolved
Alex Feldman
Individual
Free & Clear · 4 yrs held
Mailing address
9208 E WESLEY AVE, DENVER, CO 80231-7655
Ownership since
2022
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
Apr 27, 2022
$2,842,000
Alex Feldman
Mavis Southeast LLC
Warranty Deed
—
Sep 14, 2021
$700,000
Mavis Southeast LLC
Keem LLC
Deed
—
Mar 27, 2018
—
Keem LLC
—
Trustees Deed
related
$2,600,000 · South St Bk
Jul 6, 2017
$460,000
Keem LLC
Adams Outdoor Advertising LP
Grant Deed
—
Apr 21, 2008
$737,880
Adams Outdoor Advertising
Mark W Jordan LLC
Grant Deed
—
Sep 1, 2006
$1,600,000
Mark W Jordan LLC
Arden,kathryn B
Grant Deed
$4,868,750 · 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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