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Property profile & analytics
OFF-MARKET
Estimated value
$6,790,000
Office buildings
Morgan Pt Rd Mount Pleasant, SC 29464
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US77-2378564
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Lot
2.6 ac (113,256 SF)
APN
600-00-00-057
UPID
US77-2378564
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
$6.79M
Owner & transaction history
Mt Pleasant Land Holdings LLC · 3 yrs held
Mt Pleasant Land Holdings LLC
since 2022
Last sale
$6.8M
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
Method
Estimation
Statistic approach
$9,185,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$6.79M
Range $6.11M – $7.47M · ±10% · vs last sale $6.79M (Oct 3 2022)
Last sale anchor
$6.79M
Oct 3 2022
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
—
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
$19,212
Tax year 2023
Assessed value
$81,000
Assessed 2023
Previous assessed
$54,000
+50.0% YoY
Effective rate
23.72%
On assessed value
Land market value
$1,350,000
Total market value
$1,350,000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Heating
NONE
Lot
2.6 ac (113,256 SF)
APN
600-00-00-057
UPID
US77-2378564
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
Heating
NONE
Lot
2.6 ac
Current owner
From public records · entity-resolved
Mt Pleasant Land Holdings LLC
Entity
Mailing address
224 PINELAND RD NW, ATLANTA, GA 30342-4019
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
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 3, 2022
$6,790,000
Mt Pleasant Land Holdings LLC
Oak Walk Development Partners LLC
Limited Warranty Deed
$4,500,000 · Nil Funding Corporation
Aug 18, 2022
—
1200 Innovation Way Partners LLC
—
Deed
related
$10,393,178 · South Atlantic Bank
Dec 22, 2021
—
Oak Walk Development Partners LLC
—
Deed
related
$3,500,000 · South Atlantic Bank
Aug 27, 2021
—
1200 Innovation Way Partners LLC
—
Deed
related
$5,511,780 · Bank Of Walterboro
Jul 19, 2019
—
1200 Innovation Way Ptrs LLC
—
Deed
related
$2,100,000 · Bank Of The Lowcountry
Nov 1, 2018
$1,350,000
Avtex Partners Xvii LLC
United States Of America
Grant Deed
—
Mar 27, 2009
—
University Medical Assocs Of Medi
Oakland Properties LLC
Grant Deed
related
—
Oct 30, 2008
—
Oakland Properties LLC
Genphar INC
Quit Claim Deed
related
—
Jun 4, 2007
—
Genphar INC
Oakland Properties LLC
Grant Deed
related
—
—
—
Genphar INC
—
Deed Of Trust
related
$4,647,917 · Mandra Applied Materials Ltd
—
—
1200 Innovation Way Ptrs LLC
—
Deed Of Trust
related
$2,100,000 · Bank Of The Lowcountry
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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