2 Lafayette PlHilton Head Island, SC 29926

Property Details for 2 Lafayette Pl

Year built

1999

Lot size

2.50 AC

Property size (Sq ft)

8,613 SF

Zone code

6615

Property type

Banks

APN

R510 008 000 0409 0000

APU

R51000800004090000

Description

This exceptional Class A office building, totaling 8,413 square feet, sits on a 2.5-acre lot in the highly desirable Hilton Head Island market. Previously a Regions Bank branch, the property boasts a wealth of features ideal for a variety of professional uses, including banking or medical/professional offices. The single-story building, constructed in 1994, offers multiple suites, with a minimum divisible space of 2,400 square feet and a maximum contiguous space of 8,412 square feet. Ample parking is provided with 51 spaces. The building's convenient location at the signalized intersection of William Hilton Parkway and Indigo Run Drive ensures high visibility and accessibility, benefiting from traffic counts exceeding 35,000 vehicles per day. The property includes four drive-thru lanes and an ATM, adding to its versatility and potential. Zoned commercial, this Beaufort County property (APN: R510 008 000 0409 0000) is served by Palmetto Electric. The address is 2 Lafayette Pl, Hilton Head Island, SC 29926. This is a rare opportunity to acquire a well-maintained, strategically located commercial property in a thriving coastal community.

• CAP approach

  CAP return

  Valuation

  6%

  $2,623,558

  6.5%

  $2,421,746

  7%

  $2,248,764

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,940,393

  Geo Method

  $1,476,141

• Alternative Use

  Use

  Valuation

  Residential

  $2,042,833

  Hospitality

  $1,871,224

  Educational

  $1,556,837

  Medical

  $1,610,379

  Retail

  $2,421,746

Location Insight

City

Hilton Head Island

County

Beaufort

State

South Carolina

Latitude

32.214

Longitude

-80.7206

CBSA code

25940

CBSA name

HILTON HEAD ISLAND-BEAUFORT, SC MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].