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Property profile & analytics
OFF-MARKET
Estimated value
$280,000
Office buildings
Hwy 701 Conway, SC 29527
Entity Owned
11-yr Hold
~
Est. High Equity
Property ID
US77-1922161
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2012
Construction
CONCRETE
Total area
1,350 SF
Lot
1.05 ac (45,738 SF)
Zoning code
R2
APN
381-16-02-0014
UPID
US77-1922161
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
$280k
Owner & transaction history
Blackwater Auto Holdings LLC · 11 yrs held
Blackwater Auto Holdings LLC
since 2014
6 recorded transactions
Zoning & alternative use
R2 · Conway, SC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The intent of the R-2 District is to provide areas for medium density attached, detached, semi-attached and multifamily residential development in the City of Conway, and to prohibit uses that would substantially interfere with the development or continuation of residential structures in the District.
Zone name
Medium Density Residential
General category
RESIDENTIAL
Zone area
1,074.78 ac
Source
Realmo
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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$280k
Range $252k – $308k · ±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
$207 / 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
$2,707
Tax year 2023
Assessed value
$10,069
Assessed 2023
Previous assessed
$10,069
+0.0% YoY
Effective rate
26.88%
On assessed value
Assessed land
$3,950
Assessed improvement
$6,119
Land market value
$65,830
Improvement market value
$128,400
Total market value
$194,230
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
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2012
Construction
CONCRETE
Heating
NONE
Total area
1,350 SF
Lot
1.05 ac (45,738 SF)
Zoning code
R2
APN
381-16-02-0014
UPID
US77-1922161
Jurisdiction
HORRY
Zoning & alternative use
R2 · Conway, SCZoning R2 · permitted uses
R2 · Conway, SC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The intent of the R-2 District is to provide areas for medium density attached, detached, semi-attached and multifamily residential development in the City of Conway, and to prohibit uses that would substantially interfere with the development or continuation of residential structures in the District.
Zone name
Medium Density Residential
General category
RESIDENTIAL
Zone area
1,074.78 ac
Source
Realmo
Building & site characteristics
From public records
Year built
2012
Construction
CONCRETE
Heating
NONE
Lot
1.05 ac
Current owner
From public records · entity-resolved
Blackwater Auto Holdings LLC
Entity
Mailing address
2408 SAINT ANDREWS LN, CONWAY, SC 29526-3940
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 7, 2025
—
Blackwater Auto Holdings LLC
—
Deed
related
$600,000 · Conway National Bank
Dec 8, 2014
$115,000
Blackwater Auto Holdings LLC
Anderson Brothers Bk
Grant Deed
related
$140,000 · Conway Nat'l Bk
Feb 10, 2014
$120,000
Anderson Brothers Bk
Special Referee Of Horry County|barker Towing Serv
One Of Committee, Strict Foreclosure, Sheriff, Or Redemption Deeds
related
—
Feb 3, 2012
$27,500
Barker Towing Service LLC
Richard A Chandley
Grant Deed
—
Feb 14, 2008
—
Chandley,richard A & Louise C
Richard A Chandley
Quit Claim Deed
related
—
—
—
Barker Towing Service LLC
—
Deed Of Trust
related
$120,376 · Anderson Brothers Bk
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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