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Property profile & analytics
OFF-MARKET
Estimated value
$5,750,000
Individual retail properties
888 College Park Rd, Summerville, SC 29486-8608
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US77-1391506
Property summary
AI-generated overview
This exceptional Summerville, South Carolina property, located at 888 College Park Road, offers a unique opportunity for businesses seeking flexible warehouse or retail space. The property consists of a single building totaling 14,671 square feet, currently 100% vacant and available for lease. Tenants can choose from a minimum divisible space of 3,104 square feet up to a maximum contiguous space of 6,567 square feet, providing adaptability for various business needs. The building features impressive ceiling heights ranging from 18 to 20 feet, ideal for storage or high-volume operations. Situated on a 0.8-acre lot in Berkeley County, this property offers convenient access and ample space for loading and unloading. The property is classified as both retail and industrial, making it suitable for a wide range of uses. The address is 888 College Park Rd, Summerville, SC 29483. This is a multi-tenant building, offering the potential for multiple businesses to occupy the space. The property's location in Summerville provides access to a growing market and strong infrastructure. Contact us today to learn more about leasing this prime commercial real estate opportunity.
Property profile
Verified
Property type
Individual retail properties
Use group
GARDEN CENTER, HOME IMPROVEMENT
Year built
1985
Total area
34,623 SF
Lot
6.97 ac (303,613 SF)
Zoning code
BERKELEY COUNTY - GC
APN
233-00-00-057
UPID
US77-1391506
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
-
First Choice Recovery Business Related
-
Westbury Hardware Building Supply Hardware & Home Improvement
-
Happy Thai Food Truck Take-out & Catering Catering Service
-
Amazon Locker - Windbeam Postal Service Courier Service
-
The Flying Locksmiths Locksmith
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.60M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.75M
Owner & transaction history
888 College Park Rd LLC · 3 yrs held
888 College Park Rd LLC
since 2022
Last sale
$5.9M
3 recorded transactions
Zoning & alternative use
BERKELEY COUNTY - GC · Summerville, 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
$5,550,000
ML approach
$5,595,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$8,480,000
Change: 0% · Conversion: Difficult
MEDICAL BUILDING
$4,850,000
Change: 0% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$4,710,000
Change: 0% · Conversion: Difficult
RESTAURANT
$3,845,000
Change: 0% · Conversion: Difficult
Blend value · Realmo final
$5.75M
Range $5.18M – $6.33M · ±10% · vs last sale $5.93M (Aug 16 2022)
Last sale anchor
$5.93M
Aug 16 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
$166 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$23,078
Tax year 2022
Assessed value
$282,450
Assessed 2022
Previous assessed
$64,750
+336.2% YoY
Effective rate
8.17%
On assessed value
Assessed land
$173,292
Assessed improvement
$109,158
Land market value
$3,850,900
Improvement market value
$2,425,800
Total market value
$6,276,700
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
Individual retail properties
Use group
GARDEN CENTER, HOME IMPROVEMENT
Status
Off-Market
Year built
1985
Heating
NONE
Buildings
2
Stories
1
Total area
34,623 SF
Lot
6.97 ac (303,613 SF)
Zoning code
BERKELEY COUNTY - GC
APN
233-00-00-057
UPID
US77-1391506
Jurisdiction
BERKELEY
Zoning & alternative use
BERKELEY COUNTY - GC · Summerville, SC
Zoning BERKELEY COUNTY - GC · permitted uses
BERKELEY COUNTY - GC · Summerville, SC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Summerville. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING
Est. value
$8.5M
MEDICAL BUILDING
Est. value
$4.9M
APARTMENT HOUSE (5+ UNITS)
Est. value
$4.7M
RESTAURANT
Est. value
$3.8M
OFFICE BUILDING
MEDICAL BUILDING
APARTMENT HOUSE (5+ UNITS)
RESTAURANT
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
1985
Heating
NONE
Stories
1
Buildings
2
Lot
6.97 ac
Current owner
From public records · entity-resolved
888 College Park Rd LLC
Entity
Mailing address
1567 MEETING ST RD UNIT #150, CHARLESTON, SC 29405-0001
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 16, 2022
$5,925,000
888 College Park Rd LLC
Jkw Properties LLC
Limited Warranty Deed
$6,305,000 · United Community Bank
Aug 16, 2022
—
College Park Rd LLC
Jkw Properties LLC
Quit Claim Deed
related
—
—
—
Jkw Properties LLC
—
Deed Of Trust
related
$400,000 · First National Bank
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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