189 Sea Island PkwyBeaufort, SC 29907

  • Banks
  • 9,060 SF
For Lease
$22/SF/YR View listing

Property Details for 189 Sea Island Pkwy

Year built
2007
Lot size
0.90 AC
Property size (Sq ft)
9,060 SF
Zone code
6612
Property type
Banks
APN
R200 015 000 115A 0000
APU
R200015000115A0000

Description

This exceptional 1,250 square foot office space is ideally situated on Lady's Island, South Carolina, directly facing the heavily trafficked Sea Island Parkway. Its prime location offers unparalleled visibility and accessibility, placing your business in close proximity to the Beaufort Memorial Bridge and providing easy access to the numerous outer islands, including Fripp Island, Cat Island, Huntington Island, and Dataw Island. Currently a blank canvas, this single-tenant space is ready for immediate build-out to perfectly suit your business needs. The property boasts ample on-site parking for employees and clients, ensuring convenience and ease of access. All utilities and NNN expenses are included in the lease rate, simplifying budgeting and streamlining operations. This presents a unique opportunity to establish a thriving business in a high-traffic area with excellent island access. The open layout provides flexibility for various business configurations, allowing you to create a workspace tailored to your specific requirements. Don't miss this chance to secure a prominent location for your business on Lady's Island.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,759,716
    6.5%
    $2,547,430
    7%
    $2,365,471
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,041,096
    Geo Method
    $1,552,750
  • Alternative Use

    Use
    Valuation
    Residential
    $2,148,853
    Hospitality
    $1,968,338
    Educational
    $1,637,634
    Medical
    $1,693,954
    Retail
    $2,547,430

Location Insight

City
Beaufort
County
Beaufort
State
South Carolina
Latitude
32.4123
Longitude
-80.6463
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
$42,078
-
-
$159,630
-
$697,500
$1,965,300
$2,662,800

FAQs

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