7 Robert Smalls PkwyBeaufort, SC 29906

  • Retail properties
  • 14,712 SF
For Lease
$24/SF/YR View listing

Property Details for 7 Robert Smalls Pkwy

Year built
1970
Lot size
0.69 AC
Property size (Sq ft)
14,712 SF
Zone code
6611
Property type
Retail properties
Property subtype
Strip malls
APN
R122 029 000 004I 0000
APU
R122029000004I0000

Description

This exceptional 1,325 square foot office space presents a rare commercial opportunity within the revitalized Beaufort Plaza Shopping Center. Located in the City of Beaufort submarket, this single-tenant space is part of a 7,356 square foot building situated on a 0.69-acre lot. The building, constructed in 1970 and extensively renovated in 2021, boasts a Class A designation and offers a flexible layout perfect for a variety of businesses. The space is currently vacant and ready for immediate occupancy. The property's zoning is T5-UC. The building is a single-story structure with no elevators. This prime location offers excellent visibility and accessibility, surrounded by established businesses including Publix, Staples, Chipotle, and Five Guys. The HVAC system will be installed upon lease execution. Tenants are responsible for their pro-rata share of taxes, insurance, and common area maintenance. This is an unparalleled chance to establish your business in a thriving retail environment. The building's floor area ratio (FAR) is 0.25. Don't miss this opportunity to become part of the exciting new Beaufort Plaza.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $4,481,340
    6.5%
    $4,136,622
    7%
    $3,841,149
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,314,415
    Geo Method
    $2,521,419
  • Alternative Use

    Use
    Valuation
    Residential
    $3,489,395
    Hospitality
    $3,196,268
    Educational
    $2,659,257
    Medical
    $2,750,713
    Retail
    $4,136,622
7 Robert Smalls Pkwy, Beaufort, South Carolina

Location Insight

City
Beaufort
County
Beaufort
State
South Carolina
Latitude
32.4397
Longitude
-80.7028
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
$10,888
-
-
$34,800
-
$515,700
$186,000
$701,700

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