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Property profile & analytics
OFF-MARKET
Estimated value
$1,245,000
Grocery and convenience stores
9140 Ocean Hwy, Pawleys Island, SC 29585-8669
Entity Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US77-1724835
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
2014
Construction
CONCRETE
Total area
73,217 SF
Lot
12.75 ac (555,390 SF)
APN
04-0169-001-03-00
UPID
US77-1724835
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
$840k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.65M
Blend (final)
Blend
$1.25M
Owner & transaction history
Wendys Properties LLC · 1 yrs held
Wendys Properties LLC
since 2024
7 recorded transactions
Zoning & alternative use
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 Pawleys Island submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pawleys Island 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
by Request
ML approach
$840,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$1,170,000
Current use
Blend value · Realmo final
$1.25M
Range $1.12M – $1.37M · ±10%
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
$17 / 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
$119,871
Tax year 2023
Assessed value
$465,030
Assessed 2023
Previous assessed
$465,030
+0.0% YoY
Effective rate
25.78%
On assessed value
Assessed land
$200,050
Assessed improvement
$264,980
Land market value
$3,334,100
Improvement market value
$4,416,400
Total market value
$7,750,500
Applied tax rate
4.0000
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
2014
Construction
CONCRETE
Heating
NONE
Stories
2
Total area
73,217 SF
Lot
12.75 ac (555,390 SF)
APN
04-0169-001-03-00
UPID
US77-1724835
Jurisdiction
GEORGETOWN
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$1.2M
RETAIL STORES Current
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
2014
Construction
CONCRETE
Heating
NONE
Stories
2
Lot
12.75 ac
Current owner
From public records · entity-resolved
Wendys Properties LLC
Entity
Free & Clear · 1 yrs held
Mailing address
2445 DEVINE ST, COLUMBIA, SC 29205-2405
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 21, 2024
$1,150,000
Wendys Properties LLC
Pawleys Market LLC
Deed
—
Sep 18, 2024
—
Pawleys Market Spe LLC
Pawleys Market LLC
Deed
$9,200,000 · Protective Life Insurance Co
Jun 27, 2022
—
Pawleys Market LLC
—
Deed
related
$1,701,643 · Southern First Bank NA
Jul 10, 2013
$5,000,000
Pawleys Market LLC
First South Bk
Grant Deed
—
Jun 25, 2008
—
South Causeway LLC
Wheeler-cribb,peggy
Grant Deed
—
Oct 11, 2005
$5,850,000
Peggy Wheeler-cribb
South Causeway Partners LLC
Warranty Deed
—
—
—
Pawleys Market LLC
—
Deed Of Trust
related
$11,584,900 · Miscellaneous Ins Co
—
—
Pawleys Market LLC
—
Deed Of Trust
related
$2,000,000 · Southern First Bank NA
—
—
Pawleys Market LLC
—
Deed Of Trust
related
$2,000,000 · Southern First Bank NA
—
—
Pawleys Market LLC
—
Deed Of Trust
related
$11,500,000 · Certusbank NA
—
—
Pawleys Market LLC
—
Deed Of Trust
related
$2,000,000 · Southern First Bank NA
—
—
Pawleys Market LLC
—
Deed Of Trust
related
$875,000 · First South 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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