Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Downtown Beaufort Office Space Available Title is generated by Realmo AI

    1011 Bay Street, Beaufort, SC 29902

    View on Map
    Claim this Listing
    For Lease
    $1,400/Mo $70 SF/Yr (calc)

    COMMERCIAL - Beaufort, SC

    Type:Office
    Property size:
    240 SF
    Added:
    Apr 6, 2026
    Days on Market:
    41
    Last Refresh:
    May 16 at 4:06 am

    Property Features for 1011 Bay Street

    General Information

    Property type
    Commercial Lease
    Property subtype
    Office
    Zoning
    Commercial
    Standard status
    Active
    APN
    R120-004-000-0848-0000
    Size
    240 SF

    Taxes and HOA fees

    Tax Description
    PB63 P130 EASEMENT PLAT

    We can help!

    Listing Contact
    Stuart Derrick

    Listing agent Stuart Derrick License #140835

    Listing office Principal Advisors 69 Robert Smalls Pkwy Suit 1A, Beaufort, SC

    Listing date Apr 6, 2026

    MLS# 195614

    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.

    HighLights

    • Prime Downtown Beaufort location, steps from the waterfront
    • All utilities (water, sewer, electricity) included in base rent
    • Convenient first‑floor access
    • Shared conference room access on the third floor (elevator access)
    • ADA compliant building
    • Designated parking available

    Overview

    Suite 106 at 1011 Bay Street offers a 240 square foot office space in Downtown Beaufort. Located on the first floor, the suite provides convenient access and proximity to the waterfront. The building provides designated parking, a shared waiting area, and two restrooms on the first floor. Tenants have access to a shared conference room on the third floor, accessible by elevator. The property is ADA compliant, and the base rent includes water, sewer, and electricity. A minimum one-year lease is required.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    29E6, LLC Structural Engineer Howell Builders, LLC Construction Company Structural Innovations LLC Structural Engineer Eclipse Innovation + Development General Contractor Londono Engineering Engineering Consultant

    Suggested Use

    Restaurant Real Estate Agency Building Supply Law Firm Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Beaufort
    County
    Beaufort
    State
    South Carolina
    Longitude
    -80.673406
    Latitude
    32.431751

    Nearby Similar for Lease

    • $24 SF/Yr
      2,640 SF

      Prime Commercial Space in Beaufort

      Freestanding building with high visibility, ideal for retail/office.
      95 Factory Creek Court, Beaufort, SC 29907
      View Details
    • $4,150/Mo

      Downtown Beaufort Office Space Available

      Office space for lease in Beaufort's Historic District.
      615 Prince Street, Beaufort, SC 29902
      View Details
    • $3,600/Mo
      1,500 SF

      Lady's Island Versatile Office Space

      Well-conditioned office space ideal for medical, wellness, or traditional office.
      27 Kemmerlin Lane, Beaufort, SC 29907
      View Details
    • $7,500/Mo

      Highway 170 Flex/Retail Building

      4,350 SF flex/retail building with high visibility.
      46 Robert Smalls Parkway, Beaufort, SC 29906
      View Details
    • $3,650/Mo

      Commercial Space in Beaufort, SC

      Highly visible 1,802 SF space for retail or office.
      2631 Boundary Street, Beaufort, SC 29906
      View Details
    • $2,200/Mo
      536 SF

      Downtown Beaufort Commercial Space Available

      Versatile commercial space in the heart of downtown Beaufort.
      700 Bay, Beaufort, SC 29902
      View Details
    • $750/Mo

      Downtown Beaufort Office Suite

      Professional office suite in historic downtown Beaufort, SC.
      711 Bladen Street, Beaufort, SC 29902
      View Details
    • $3,800/Mo
      2,250 SF

      Versatile Commercial Space on Lady's Island

      Two-story commercial building with flexible space for rent.
      8 Celadon Drive, Beaufort, SC 29907
      View Details
    • $950/Mo

      Downtown Beaufort Office Space Available

      Inviting office space in the heart of Downtown Beaufort.
      1011 Bay Street, Beaufort, SC 29902
      View Details
    • $1,400/Mo

      Commercial Space in Beaufort Plaza

      Retail space available for lease in Beaufort, South Carolina.
      1180 Ribaut Road, Beaufort, SC 29902
      View Details
    • $4,600/Mo

      Class A Office Space

      Premier office space with waterfront views in historic Fordham Building.
      200 Carteret Street, Beaufort, SC 29902
      View Details
    • $4,500/Mo

      Downtown Beaufort Class A Office

      Class A office space with waterfront views in downtown Beaufort.
      200 Carteret Street, Beaufort, SC 29902
      View Details

    FAQs

    What type of property is this?
    Office units - Inviting 240 SF office space in downtown Beaufort.
    Where is this office units located?
    The property is located at 1011 Bay Street Beaufort, SC.
    What is the lease rate?
    The lease rate is $1,400 /Mo.
    What are key features of this property?
    This property features: Prime Downtown Beaufort location, steps from the waterfront; All utilities (water, sewer, electricity) included in base rent; **Convenient first‑floor access**
    (843) 476-5689
    We can help!
    Listing Contact
    Stuart Derrick
    Real Estate License ID: 140835
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Thank You for Inquiry
    1011 Bay Street, Beaufort, SC 29902
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!