Back to Search
Property profile & analytics
OFF-MARKET
Commercial land
Midtown Ave Mount Pleasant, SC 29464
Entity Owned
3-yr Hold
Free & Clear
Property ID
US77-3046589
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Year built
1994
Total area
1,132 SF
Lot
3.03 ac (131,987 SF)
APN
559-00-00-017
UPID
US77-3046589
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
by Request
Owner & transaction history
Gather Mtp LLC · 3 yrs held
Gather Mtp LLC
since 2022
Last sale
$3.5M
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 Mount Pleasant submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mount Pleasant 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
$38,843
Tax year 2023
Assessed value
$158,400
Assessed 2023
Previous assessed
$158,400
+0.0% YoY
Effective rate
24.52%
On assessed value
Land market value
$3,105,000
Total market value
$3,105,000
Applied tax rate
2.0000
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Year built
1994
Heating
FORCED AIR
Stories
2
Bathrooms
1
Total area
1,132 SF
Lot
3.03 ac (131,987 SF)
APN
559-00-00-017
UPID
US77-3046589
Jurisdiction
CHARLESTON
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1994
Heating
FORCED AIR
Stories
2
Bathrooms
1
Lot
3.03 ac
Current owner
From public records · entity-resolved
Gather Mtp LLC
Entity
Free & Clear · 3 yrs held
Mailing address
1496 GOBLET AVE, MOUNT PLEASANT, SC 29464-4831
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
18 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 12, 2025
—
Gather Mtp LLC
—
Deed
related
$8,760,000 · United Bank
Oct 3, 2022
$3,450,000
Gather Mtp LLC
Hassell Tract Associates LLC
Limited Warranty Deed
—
Feb 5, 2019
$5,649,984
Lennar Carolinas LLC
Hassell Tract Associates LLC
Grant Deed
—
Sep 14, 2016
—
Hassell Tract Associates LLC
—
Deed
related
$7,500,000 · Synovus Bk
May 22, 2013
$5,555,000
Haven Of Ctrl Mount Pleasant LLC
Hassell Tract Associates LLC
Grant Deed
—
Nov 22, 2011
—
Hassell Tract Associates LLC
—
Trustees Deed
related
$7,149,204 · Nbsc
Aug 23, 2010
—
Hassell Tract Associates LLC
—
Grant Deed
related
$4,000,000 · Nbsc
Jun 29, 2009
—
Hassell Tract Associates LLC
—
Grant Deed
related
$7,000,000 · National Bank South Carolina
Jul 19, 2006
$16,250,000
Gtp Charleston I LLC
Mcalister-togant Rifle Range L
Warranty Deed
—
Jul 19, 2006
—
Hassell Tract Associates LLC
Mcalister-togant Rifle Range L
Grant Deed
related
—
May 20, 2005
$6,000,000
Rifle Range L Mcalister-togant
Batey,catherine D
Grant Deed
—
Aug 10, 2004
—
Catherine D Batey
—
Trustees Deed
related
$1,500,000 · Neal I Baker
Aug 4, 2000
$150,000
Catherine Delane Batey
—
Grant Deed
related
—
—
—
Hassell Tract Associates LLC
—
Deed Of Trust
related
$5,000,000 · Nbsc
—
—
Catherine D Batey
—
Deed Of Trust
related
$75,000 · Neal I Baker
—
—
Hassell Tract Associates LLC
—
Loan Modification
related
$7,500,000 · Synovus Bk
—
—
James L Batey
—
Deed Of Trust
related
$335,151 · Private Lender
—
—
Catherine D Batey
—
Deed Of Trust
related
$2,000,000 · Neal I Baker
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own Midtown Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.