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Property profile & analytics
OFF-MARKET
Estimated value
$560,000
Grocery and convenience stores
Hwy 501 Conway, SC 29526
Individually Owned
9-yr Hold
Absentee Owner
Free & Clear
Property ID
US77-1982480
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1978
Construction
CONCRETE
Total area
2,230 SF
Lot
0.63 ac (27,443 SF)
Zoning code
HC
APN
367-15-02-0001
UPID
US77-1982480
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
$435k
CAP Approach
CAP
$565k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$560k
Owner & transaction history
George Cunningham · 9 yrs held
George Cunningham
since 2016
7 recorded transactions
Zoning & alternative use
HC · Conway, SC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$705,000
+136.4%
Medical building
$670,000
+125.3%
Warehouse, storage
$475,000
+59.2%
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 Conway submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Conway 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
$435,000
CAP Approach
CAP Return
Estimation
6%
$615,000
6.5%
$565,000
7%
$525,000
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$705,000
Change: +136% · Conversion: Difficult
MEDICAL BUILDING
$670,000
Change: +125% · Conversion: Difficult
WAREHOUSE, STORAGE
$475,000
Change: +59% · Conversion: Difficult
RETAIL STORES
$420,000
Change: +41% · Conversion: Easy
Blend value · Realmo final
$560k
Range $504k – $616k · ±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
$251 / 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
$19,381
Assessed 2023
Assessed land
$12,308
Assessed improvement
$7,073
Land market value
$274,430
Improvement market value
$178,300
Total market value
$452,730
Applied tax rate
100.0000
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
CONVENIENCE STORE
Status
Off-Market
Year built
1978
Construction
CONCRETE
Heating
SOLAR
Cooling
CENTRAL
Total area
2,230 SF
Lot
0.63 ac (27,443 SF)
Zoning code
HC
APN
367-15-02-0001
UPID
US77-1982480
Jurisdiction
HORRY
Zoning & alternative use
HC · Conway, SC
Zoning HC · permitted uses
HC · Conway, SC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Conway. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE
Est. value
$705,000
MEDICAL BUILDING
Est. value
$670,000
WAREHOUSE, STORAGE
Est. value
$475,000
RETAIL STORES
Est. value
$420,000
AUTO REPAIR, GARAGE
MEDICAL BUILDING
WAREHOUSE, STORAGE
RETAIL STORES
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
1978
Construction
CONCRETE
Heating
SOLAR
Cooling
Yes
Lot
0.63 ac
Current owner
From public records · entity-resolved
George Cunningham
Individual
Free & Clear · 9 yrs held
Mailing address
1320 BURRISS RD, CONWAY, SC 29526-7948
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 26, 2016
$315,000
George Cunningham
Lonnie F Harrelson
Grant Deed
—
Jun 18, 2014
$273,458
Conway Realty LLC
Elizabeth J Pearce
Warranty Deed
$262,008 · Elizabeth J Pearce
Jun 12, 2014
$327,500
Elizabeth J Pearce
H Thomas Altman JR.
Deed In Lieu Of Foreclosure
—
Jan 26, 2012
$335,000
Altman,h Thomas JR
Elizabeth J Pearce
Warranty Deed
$327,500 · Elizabeth J Pearce
Jan 24, 2012
—
Jordan,jimmy P JR
Jimmy Jordan
Quit Claim Deed
related
—
Dec 19, 2011
—
Pearce,elizabeth J
Harold L Sarvis JR.
Deed In Lieu Of Foreclosure
related
—
Sep 19, 2008
$435,000
Sarvis,harold L JR
Elizabeth J Pearce
Grant Deed
$385,000 · Elizabeth J Pearce
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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