45 Ice House RdBeaufort, SC 29906

Property Details for 45 Ice House Rd

Year built

1955

Lot size

0.92 AC

Property size (Sq ft)

1,734 SF

Zone code

6611

Property type

Retail space

APN

R100 029 000 013B 0000

APU

R100029000013B0000

Description

This exceptional commercial opportunity encompasses two adjoining lots totaling 1.77 acres, situated at 45 and 51 Ice House Road in Beaufort, South Carolina. The asking price of $1,299,000 includes both parcels and a pre-existing building on one of the lots. The building, offered "as-is," provides 1,734 square feet of space and presents a versatile option for immediate use or potential redevelopment. The substantial lot size offers significant potential for various commercial ventures, allowing for expansion or the construction of new facilities. This prime Beaufort location provides excellent visibility and accessibility, making it an attractive investment for businesses seeking a prominent presence in a thriving community. The combined acreage and existing structure represent a unique opportunity to acquire a substantial commercial property in a desirable area. The property's size and location make it suitable for a wide range of commercial uses, subject to local zoning regulations. Serious inquiries are encouraged to explore the possibilities this property offers. Detailed site plans and zoning information are available upon request. This is a rare opportunity to acquire a significant commercial holding in Beaufort, SC.

• CAP approach

  CAP return

  Valuation

  6%

  $528,184

  6.5%

  $487,555

  7%

  $452,729

• Comparable approach

  Method

  Valuation

  Relative Method

  $390,647

  Geo Method

  $297,182

• Alternative Use

  Use

  Valuation

  Residential

  $411,270

  Hospitality

  $376,722

  Educational

  $313,428

  Medical

  $324,207

  Retail

  $487,555

Location Insight

City

Beaufort

County

Beaufort

State

South Carolina

Latitude

32.4399

Longitude

-80.7208

CBSA code

25940

CBSA name

HILTON HEAD ISLAND-BEAUFORT, SC MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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