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Property profile & analytics
OFF-MARKET
Estimated value
$6,105,000
Distribution centers
Commerce Blvd Ridgeway, SC 29130
Entity Owned
8-yr Hold
Free & Clear
Property ID
US77-2187022
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
2011
Construction
STEEL FRAME
Total area
50,750 SF
Lot
11.44 ac (498,326 SF)
Zoning code
I-1
APN
1840000107000
UPID
US77-2187022
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$6.11M
Owner & transaction history
Ctc Intl North America INC · 8 yrs held
Ctc Intl North America INC
since 2018
3 recorded transactions
Zoning & alternative use
I-1 · Ridgeway, 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 Ridgeway submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ridgeway 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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$7,825,000
Change: 0% · Conversion: Difficult
AUTO REPAIR, GARAGE
$4,365,000
Change: 0% · Conversion: Easy
RESTAURANT
$3,915,000
Change: 0% · Conversion: Difficult
Blend value · Realmo final
$6.11M
Range $5.49M – $6.72M · ±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
$120 / 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
Assessed value
$136,032
Assessed 2023
Previous assessed
$136,032
+0.0% YoY
Assessed land
$24,000
Assessed improvement
$112,032
Land market value
$400,000
Improvement market value
$1,867,200
Total market value
$2,267,200
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
Off-Market
Year built
2011
Construction
STEEL FRAME
Heating
NONE
Stories
1
Total area
50,750 SF
Lot
11.44 ac (498,326 SF)
Zoning code
I-1
APN
1840000107000
UPID
US77-2187022
Jurisdiction
FAIRFIELD
Zoning & alternative use
I-1 · Ridgeway, SC
Zoning I-1 · permitted uses
I-1 · Ridgeway, SC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Ridgeway. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING
Est. value
$7.8M
AUTO REPAIR, GARAGE
Est. value
$4.4M
RESTAURANT
Est. value
$3.9M
OFFICE BUILDING
AUTO REPAIR, GARAGE
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
2011
Construction
STEEL FRAME
Heating
NONE
Stories
1
Lot
11.44 ac
Current owner
From public records · entity-resolved
Ctc Intl North America INC
Entity
Free & Clear · 8 yrs held
Mailing address
1268 E EDNA PL, COVINA, CA 91724-2509
Ownership since
2018
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
May 8, 2018
$2,290,100
Ctc Intl North America INC
Caterpillar INC
Grant Deed
—
Apr 16, 2015
—
Caterpillar INC
Elite Ssas Pension Scheme
Quit Claim Deed
related
—
Apr 16, 2015
$2,100,000
Caterpillar INC
Elite Ssas Pension Scheme
Grant Deed
—
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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