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Property profile & analytics
OFF-MARKET
Estimated value
$2,705,000
Super regional malls
8530 Dorchester Rd Charleston, SC 29420-7326
Entity Owned
5-yr Hold
Free & Clear
Property ID
US77-1330493
Property profile
Verified
Property type
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Year built
2003
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
12,220 SF
Lot
2.29 ac (99,752 SF)
Zoning code
M1_NC
APN
172-13-01-003
UPID
US77-1330493
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
Current use
Occupant on record · Public records
-
Japan Karate Institute North Charleston Training Center Sports School
-
Sam's tobacco and vape (Bike/Boat/Book/etc) Store
-
Domino's Pizza Take-out & Catering
-
Tsunami North Charleston Restaurant
-
Shear Reflections Salon Hair Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.80M
CAP Approach
CAP
$3.04M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.71M
Owner & transaction history
Plantation Edisto LLC · 5 yrs held
Plantation Edisto LLC
since 2021
Last sale
$2.3M
7 recorded transactions
Zoning & alternative use
M1_NC · Charleston, SC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$3.9M
+320.7%
Office building
$3.4M
+273.0%
Apartment house (5+ units)
$3.0M
+228.9%
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 Charleston submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs 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
$3,090,000
ML approach
$2,795,000
CAP Approach
CAP Return
Estimation
6%
$3,295,000
6.5%
$3,040,000
7%
$2,825,000
Alternative Use
Use
Estimation
RESTAURANT
$3,880,000
Change: +321% · Conversion: Difficult
OFFICE BUILDING
$3,440,000
Change: +273% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$3,035,000
Change: +229% · Conversion: Difficult
MEDICAL BUILDING
$1,635,000
Change: +77% · Conversion: Difficult
Blend value · Realmo final
$2.71M
Range $2.43M – $2.98M · ±10% · vs last sale $2.30M (Jan 26 2021)
Last sale anchor
$2.30M
Jan 26 2021
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
$221 / 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
$50,887
Tax year 2023
Assessed value
$137,842
Assessed 2023
Previous assessed
$137,842
+0.0% YoY
Effective rate
36.92%
On assessed value
Assessed land
$49,464
Assessed improvement
$88,378
Land market value
$824,400
Improvement market value
$1,472,960
Total market value
$2,297,360
Applied tax rate
208.0000
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
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Status
Off-Market
Year built
2003
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
NONE
Stories
1
Total area
12,220 SF
Lot
2.29 ac (99,752 SF)
Zoning code
M1_NC
APN
172-13-01-003
UPID
US77-1330493
Jurisdiction
DORCHESTER
Zoning & alternative use
M1_NC · Charleston, SC
Zoning M1_NC · permitted uses
M1_NC · Charleston, SC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Charleston. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT
Est. value
$3.9M
OFFICE BUILDING
Est. value
$3.4M
APARTMENT HOUSE (5+ UNITS)
Est. value
$3.0M
MEDICAL BUILDING
Est. value
$1.6M
RESTAURANT
OFFICE BUILDING
APARTMENT HOUSE (5+ UNITS)
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
2003
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
Yes
Stories
1
Lot
2.29 ac
Current owner
From public records · entity-resolved
Plantation Edisto LLC
Entity
Free & Clear · 5 yrs held
Mailing address
1405 PALMETTO BLVD, EDISTO ISLAND, SC 29438-3335
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 7, 2023
—
Plantation Edisto LLC
—
Deed
related
$1,700,000 · Beacon Community Bank
Feb 16, 2021
—
Plantation Edisto LLC
—
Deed
related
$1,700,000 · Beacon Community Bank
Jan 26, 2021
$2,300,000
Plantation Edisto LLC
Passaic Prospect Associates LLC
Limited Warranty Deed
—
Aug 4, 2020
—
Passaic Prospect Assocs LLC
—
Deed
related
$1,020,000 · Ameris Bk
Jan 18, 2013
—
Passaic Prospect Assocs LLC
Kennedy,r Michael & Richard W
Warranty Deed
related
—
Dec 4, 2007
$2,275,000
Kennedy,richard W & R Michael
Coosaw Crossing Dev Co LLC
Grant Deed
$2,300,000 · Intervest Nat'l Bk
Mar 22, 2002
$390,000
Coosaw Crossing Dev Co LLC
—
Grant Deed
—
—
—
Passaic Prospect Assocs LLC
—
Deed Of Trust
related
$1,150,000 · Wells Fargo Bk
—
—
Passaic Prospect Assocs LLC
—
Deed Of Trust
related
$1,150,000 · Wells Fargo Bk
—
—
Passaic Prospect Assocs LLC
—
Deed Of Trust
related
$1,020,000 · Ameris 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.
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