1121 Boundary StBeaufort, SC 29902

  • Retail properties
  • 8,456 SF
For Lease
$22/SF/YR View listing

Property Details for 1121 Boundary St

Year built
1958
Property size (Sq ft)
8,456 SF
Zone code
6611
Property type
Retail properties
Property subtype
Banks
APN
R120 004 000 017A 0000
APU
R120004000017A0000

Description

This exceptional 3,729-square-foot traditional office space is ideally situated in the heart of Downtown Beaufort, South Carolina, at 1121 Boundary Street, zip code 29902. The single-tenant occupancy offers a versatile layout perfect for a variety of businesses. The space boasts six or more individual offices, a sizable conference room, multiple restrooms, a convenient break room, and ample storage. This second-floor location provides a professional atmosphere within a vibrant downtown setting. Note that the building does not have an elevator. A significant advantage is the availability of plentiful on-site parking, a valuable asset in a bustling downtown area. The property's location offers easy access to a wide array of amenities, including numerous retail establishments, restaurants, and other professional offices, ensuring convenience and a thriving business environment. This is a fantastic opportunity to establish a presence in a highly desirable and accessible location within Beaufort County. The property is vacant and ready for immediate occupancy.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,575,735
    6.5%
    $2,377,602
    7%
    $2,207,773
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,905,023
    Geo Method
    $1,449,233
  • Alternative Use

    Use
    Valuation
    Residential
    $2,005,596
    Hospitality
    $1,837,115
    Educational
    $1,528,458
    Medical
    $1,581,024
    Retail
    $2,377,602
1121 Boundary St, Beaufort, South Carolina

Location Insight

City
Beaufort
County
Beaufort
State
South Carolina
Latitude
32.44
Longitude
-80.6749
CBSA code
25940
CBSA name
HILTON HEAD ISLAND-BEAUFORT, SC MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$25,219
-
-
$85,340
-
$363,900
$2,477,200
$2,841,100

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