Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    861 High Water Dr Hardeeville, SC 29927

    Sponsored
    For Sale
    $179,900

    LAND - Hardeeville, SC

    Lot size:
    0.40 Acres
    Days on Market:
    3
    Last Refresh:
    Jan 31 at 7:06 am

    Property Features for 861 High Water Dr

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Residential
    APN
    041-13-00-256
    Lot size
    0.40 Acres

    Utilities

    Water source
    Public

    We can help!

    Listing Contact
    David Cross

    eXp Realty LLC - Bluffton (888) 440-2798

    Listing agent David Cross (888) 440-2798 License #106929

    Listing date Jan 29, 2026

    MLS# 194397

    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.

    Learn more

    Property Insight Report

    Overview

    Large Lot in Latitude Lakes

    This property offers a rare opportunity to build a custom home on a large, private lot within the Latitude Lakes enclave, a part of the Latitude Margaritaville Hilton Head community. The homesite is situated on a desirable street, surrounded by established custom homes and mature trees, with access to a peaceful lakefront setting. Latitude Lakes provides larger lots, some 1/2 acre or more, and the freedom to choose your builder and design, unlike the standard Margaritaville homes. Residents can enjoy more privacy and a beautiful lake environment with serene views. Optional access to Margaritaville's amenities, including the Town Center, pool, restaurant, gym, pickleball, clubs, and events, is available. This allows residents to enjoy the Latitude lifestyle with added space and flexibility. Lots in Latitude Lakes are scarce, with nearly all lots purchased and built on, making this one of the last remaining opportunities to secure a homesite in this coveted section. The property is located in Hardeeville, SC, in Jasper County.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Realty agency Spa & Massage Auto Repair Shop Skin Care Clinic Storage Facility Gym & Fitness Acupuncture

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

    Location Insight

    • Map
    • Local Demand
    City
    Hardeeville
    County
    Jasper
    State
    South Carolina
    Longitude
    -81.023135
    Latitude
    32.296129

    Nearby Similar for Sale

    • Contact for pricing
      48,000 SF

      Class A Industrial Space Available

      New industrial buildings with build-to-suit offices, near I-95.
      124 Marble Rd, Hardeeville, SC 29927
      View Details
    • Contact for pricing
      42,108 SF

      New Industrial Building Near I-95

      Class A industrial space in Opportunity Zone, delivery Q3 2026.
      62 Marble Rd, Hardeeville, SC 29927
      View Details
    • Contact for pricing
      156,619 SF

      New Hilton Head Storage Facility

      Newly built Class A storage facility in Hilton Head-Savannah MSA.
      32 Argent Blvd, Hardeeville, SC 29927
      View Details
    • Contact for pricing
      46,497 SF

      Flex Buildings Near I-95

      Flex buildings with finished office space, near I-95.
      12362 Speedway Blvd, Hardeeville, SC 29927
      View Details
    • Contact for pricing
      120,000 SF

      Hardeeville Warehouse - 120,000 SF

      Large Industrial Warehouse, Prime Location
      0 Hardeeville Industrial Park Rd, Hardeeville, SC 29927
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Private lot to build a custom home near Margaritaville.
    Where is this residential land & home lot located?
    The property is located at 861 High Water Dr Hardeeville, SC.
    What is the asking price?
    The asking price for this property is $179,900.
    What are key features of this property?
    This property features: - Rare opportunity to build a custom home on a large, private lot within the desirable Latitude Lakes enclave.; - Freedom to choose your own builder and design, unlike the standard Latitude Margaritaville homes.; - Access to Latitude Margaritaville's resort-style amenities (Town Center, pool, restaurant, gym, pickleball, etc.) is optional.
    (888) 440-2798
    Request Owner's contact information
    861 High Water Dr Hardeeville, SC 29927
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    861 High Water Dr
    Hardeeville, SC 29927
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    861 High Water Dr Hardeeville, SC 29927
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    David Cross
    Real Estate License ID: 106929
    (888) 440-2798
    Learn more
    Google sign-in failed. Please try again or use another login method.