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Property profile & analytics
OFF-MARKET
Estimated value
$1,950,000
Medical Office Space
89 Old Trolley Rd, Summerville, SC 29485-4951
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US77-0687930
Property summary
AI-generated overview
This exceptional office space at 89 Old Trolley Road in Summerville, South Carolina, offers two available suites, ranging from 128 to 192 square feet. Built in 1997, this property (APN 145-06-03-018) is ideally situated on Old Trolley Road, providing excellent visibility and convenient access. The suites are categorized as Executive and Medical Office spaces, suitable for various professional uses. Each suite boasts a functional layout and has recently undergone renovations, including fresh paint, new carpeting, and updated lighting. Furnished options are also available, making this an ideal solution for businesses seeking immediate occupancy. The property's location offers unparalleled convenience, with close proximity to a variety of amenities including Harris Teeter, Walgreens, Tuesday Morning, Applebee's, Dollar Tree, Palmetto Flats, and Wayback Burgers. This multi-tenant building presents a fantastic opportunity for businesses seeking a well-maintained, conveniently located office space in a thriving Summerville community. The property is zoned for professional office use. Contact us today to schedule a viewing.
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1997
Construction
FRAME
Total area
14,251 SF
Lot
1.59 ac (69,478 SF)
Zoning code
NB_SV
APN
145-06-03-018
UPID
US77-0687930
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
-
Precision Garage Door Building Supply General Contractor
-
Wise Insurance Agency Insurance Agency
-
Dr. David M. Christensen, DMD Dental Office
-
Silver Lining Tele-Behavioral Health Crisis Center Medical Clinic
-
Kasey Petersen Physician Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.95M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.19M
Blend (final)
Blend
$1.95M
Owner & transaction history
Hwy 78 II LLC · 5 yrs held
Hwy 78 II LLC
since 2021
Last sale
$2.0M
3 recorded transactions
Zoning & alternative use
NB_SV · 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
$1,935,000
ML approach
$1,950,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.95M
Range $1.76M – $2.15M · ±10% · vs last sale $1.95M (Jan 26 2021)
Last sale anchor
$1.95M
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
$137 / 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
$49,034
Tax year 2023
Assessed value
$117,222
Assessed 2023
Previous assessed
$117,222
+0.0% YoY
Effective rate
41.83%
On assessed value
Assessed land
$41,022
Assessed improvement
$76,200
Land market value
$683,700
Improvement market value
$1,270,000
Total market value
$1,953,700
Applied tax rate
207.0000
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
Off-Market
Year built
1997
Construction
FRAME
Heating
HEAT PUMP
Cooling
CENTRAL
Stories
2
Total area
14,251 SF
Lot
1.59 ac (69,478 SF)
Zoning code
NB_SV
APN
145-06-03-018
UPID
US77-0687930
Jurisdiction
DORCHESTER
Zoning & alternative use
NB_SV · Summerville, SC
Zoning NB_SV · permitted uses
NB_SV · 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.
Building & site characteristics
From public records
Year built
1997
Construction
FRAME
Heating
HEAT PUMP
Cooling
Yes
Stories
2
Lot
1.59 ac
Current owner
From public records · entity-resolved
Hwy 78 II LLC
Entity
Mailing address
PO BOX 104, LADSON, SC 29456-0104
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 26, 2021
$1,954,457
Hwy 78 II LLC
27 Carolina LLC
Deed
$1,554,457 · The Bank Of South Carolina
Apr 2, 2018
$2,275,000
27 Carolina LLC
Dntl LLC
Grant Deed
—
Jan 16, 2018
$2,275,000
27 Carolina LLC
Dntl LLC
Grant Deed
related
$2,275,000 · Dntl LLC
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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