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Property profile & analytics
OFF-MARKET
Turn key restaurants
903 Central Ave Summerville, SC 29483-3717
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US77-1643901
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1970
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
1,032 SF
Lot
0.23 ac (10,019 SF)
Zoning code
NB_SV
APN
136-12-04-064
UPID
US77-1643901
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
-
Low Country Fish Camp Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
903 Central Ave LLC · 8 yrs held
903 Central Ave LLC
since 2017
7 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$7,433
Tax year 2023
Assessed value
$11,280
Assessed 2023
Previous assessed
$11,280
+0.0% YoY
Effective rate
65.90%
On assessed value
Assessed land
$3,054
Assessed improvement
$8,226
Land market value
$50,900
Improvement market value
$137,100
Total market value
$188,000
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1970
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
NONE
Stories
1
Total area
1,032 SF
Lot
0.23 ac (10,019 SF)
Zoning code
NB_SV
APN
136-12-04-064
UPID
US77-1643901
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
1970
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.23 ac
Current owner
From public records · entity-resolved
903 Central Ave LLC
Entity
Mailing address
112 SENRAB BLVD, SUMMERVILLE, SC 29483-3171
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 26, 2023
—
903 Central Ave LLC
—
Deed
related
$300,000 · First National Bank Of South Carolina
Jul 21, 2021
—
903 Central Ave LLC
—
Deed
related
$214,000 · First National Bank Of South Carolina
Apr 20, 2020
—
903 Central Ave LLC
—
Deed
related
$50,000 · First Nat'l Bk/sc
Jun 11, 2019
—
903 Central Ave LLC
—
Deed
related
$30,000 · First Nat'l Bk/sc
Dec 20, 2017
$170,000
903 Central Ave LLC
Butler Financial Services INC
Grant Deed
$127,500 · First Nat'l Bk/sc
May 22, 2002
$43,000
Butler Fin Serv INC
—
Grant Deed
—
—
—
903 Central Ave LLC
—
Deed Of Trust
related
$30,000 · First Nat'l Bk/sc
—
—
903 Central Ave LLC
—
Deed Of Trust
related
$50,000 · First Nat'l Bk/sc
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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