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Redevelopment Opportunity in Beaufort, SC

12 Neil Road Beaufort, SC 29906

12 Neil Road, Beaufort, SC, 29906
$2,495,000
For Sale
Claim this Listing
$2,495,000

COMMERCIAL - Beaufort, SC

Property Size6,500 SF
Lot Size2.69 Acres
Price / SF$383.85
AddedApr 1
Days on Market106
Last RefreshJul 15 at 7:06 pm

Property Features for 12 Neil Road

General Information

Property type
Commercial Sale
Property subtype
Other
Zoning
Mixed Use
Standard status
Active
APN
R100-029-000-0004-0000
Size
6,500 SF
Lot size
2.69 Acres

Taxes and HOA fees

Tax Description
RENTAL RESTRACT A PB6P20SUBJ TO ROLL BACK TAX LIENTRACT A PB6P20TIMBER/CROPLAND* SPLIT 10/04 34.64 AC 29/283ORIDINANCE#O
Tax Annual Amount
6859

Building Details

Year built
1999

Listing agent Reynolds Robinson License #129060

Listing office Principal Advisors 1101 BAY ST STE 111, Beaufort, SC

Listing date Apr 1, 2026

MLS# 195524

Copyright © 2026 Lowcountry Regional MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This property at 12 Neil Road in Beaufort, SC, presents a rare redevelopment opportunity. The approximately 2.69-acre mixed-use site includes approximately 6,500 rentable square feet across two buildings: a roughly 5,500 square foot live/work building and a roughly 1,000 square foot modular building. The property features visibility and access from two major thoroughfares, along with frontage on the Spanish Moss Trail. With approximately 100 feet of frontage along Hwy 21 and an existing curb cut, the property offers vehicular exposure, accessibility, and trail-oriented appeal. Buyers may inquire about adjacent parcels.

Key Highlights

  • Rare 2.69‑acre redevelopment opportunity in a dynamic area.
  • Prominent visibility and access from two major thoroughfares (Hwy 21).
  • Frontage along the rapidly growing Spanish Moss Trail.

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $140.4k $21.60
− Vacancy −$21.1k −$3.24
EGI $119.3k $18.36
− OpEx −$29.8k −$4.59
NOI $89.5k $13.77
6,500 SF · lease $21.60/SF/yr · vacancy 15.00% · expense 25.00%

Alternative Uses

Best Use
Office B
$1.28M
$1.12M – $1.49M (±1% cap)
NOI $89,505 @ 7.0% cap · market cap 3.59%
Second Best
Mixed Use
$1.17M
$1.02M – $1.36M (±1% cap)
NOI $81,608 @ 7.0% cap · market cap 3.27%
Theoretical Best
Office A
$1.96M
$1.72M – $2.29M (±1% cap)
NOI $137,280 @ 7.0% cap · market cap 5.50%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Felver Design Custom ... Furniture & Home Goods

Suggested Use

Real Estate Agency Plumbing Service Kitchen & Bath Showroom Locksmith Carpet & Flooring Store Computer & Electronic Repair Grocery & Convenience Store Catering Service Daycare Center Butcher

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Mixed-use property - Rare mixed-use redevelopment site with high visibility and trail access.
Where is this mixed-use property located?
The property is located at 12 Neil Road Beaufort, SC.
What is the asking price?
The asking price for this property is $2,495,000.
What are key features of this property?
This property features: Rare 2.69‑acre redevelopment opportunity in a dynamic area.; Prominent visibility and access from two major thoroughfares (Hwy 21).; Frontage along the rapidly growing Spanish Moss Trail.
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More about this property
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