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Property profile & analytics
OFF-MARKET
Estimated value
$630,000
Warehouses
Sea Mtn Hwy Little River, SC 29566
Entity Owned
2-yr Hold
Free & Clear
Property ID
US77-1831315
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1992
Construction
CONCRETE
Total area
3,000 SF
Lot
0.92 ac (40,075 SF)
Zoning code
HC
APN
350-03-02-0008
UPID
US77-1831315
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
$630k
CAP Approach
CAP
$395k
Comparable Approach
Comparable
$742k
Blend (final)
Blend
$630k
Owner & transaction history
Mhc 278 Little River Sc LLC · 2 yrs held
Mhc 278 Little River Sc LLC
since 2024
Last sale
$630,000
2 recorded transactions
Zoning & alternative use
HC · Little River, SC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$950,000
+72.8%
Medical building
$905,000
+64.7%
Office building
$675,000
+22.6%
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 Little River submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Little River 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
$630,000
ML approach
$630,000
CAP Approach
CAP Return
Estimation
6%
$430,000
6.5%
$395,000
7%
$370,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$550,000
Current use
AUTO REPAIR, GARAGE
$950,000
Change: +73% · Conversion: Easy
MEDICAL BUILDING
$905,000
Change: +65% · Conversion: Difficult
OFFICE BUILDING
$675,000
Change: +23% · Conversion: Difficult
RETAIL STORES
$555,000
Change: +1% · Conversion: Moderate
Blend value · Realmo final
$630k
Range $567k – $693k · ±10% · vs last sale $630k (Mar 27 2024)
Last sale anchor
$630k
Mar 27 2024
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
$210 / 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
$22,667
Assessed 2023
Previous assessed
$22,667
+0.0% YoY
Assessed land
$7,012
Assessed improvement
$15,655
Land market value
$173,220
Improvement market value
$566,700
Total market value
$739,920
Applied tax rate
500.0000
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
1992
Construction
CONCRETE
Heating
NONE
Buildings
6
Total area
3,000 SF
Lot
0.92 ac (40,075 SF)
Zoning code
HC
APN
350-03-02-0008
UPID
US77-1831315
Jurisdiction
HORRY
Zoning & alternative use
HC · Little River, SC
Zoning HC · permitted uses
HC · Little River, SC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Little River. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$550,000
AUTO REPAIR, GARAGE
Est. value
$950,000
MEDICAL BUILDING
Est. value
$905,000
OFFICE BUILDING
Est. value
$675,000
RETAIL STORES
Est. value
$555,000
WAREHOUSE, STORAGE Current
AUTO REPAIR, GARAGE
MEDICAL BUILDING
OFFICE BUILDING
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
1992
Construction
CONCRETE
Heating
NONE
Buildings
6
Lot
0.92 ac
Current owner
From public records · entity-resolved
Mhc 278 Little River Sc LLC
Entity
Free & Clear · 2 yrs held
Mailing address
SEA MTN HWY, LITTLE RIVER, SC 29566
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 27, 2024
$630,000
Mhc 278 Little River Sc LLC
Brett A Allen
Warranty Deed
—
Feb 22, 2023
$1,500,000
Brett A Allen
David Wellons
Warranty 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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