Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search

    105 Seagrass Station Rd Bluffton, SC 29910

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    1.17 acres on Highway 170, Bluffton, SC.

    Type:Land
    Lot size:
    1.17 Acres
    Added:
    Apr 3, 2024
    Days on Market:
    763
    Last Refresh:
    Mar 17 at 1:25 pm

    Property Features for 105 Seagrass Station Rd

    General Information

    Standard status
    Active
    Lot size
    1.17 Acres
    Property subtype
    Land

    We can help!

    Listing Contact
    Baker Wilkins

    Listing agent Baker Wilkins License #SC 31069

    Listing office NAI Carolina Charter

    Listing date Apr 3, 2024

    Source Crexi

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of NAI Carolina Charter

    Overview

    Highway 170 Commercial Land

    This commercial land listing features approximately 1.17 acres for sale with direct frontage on Highway 170 in Seagrass Station. The property is located near the 278 overpass and across from Sun City. It is zoned Verdier Plantation PUD in the town of Bluffton. The location offers access to Beaufort, Savannah, and Bluffton. Daily traffic counts are approximately 22,500 vehicles per day.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply 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
    Bluffton
    County
    Beaufort
    State
    South Carolina
    Longitude
    -80.8971
    Latitude
    32.2534

    Nearby Similar for Sale

    • $650,000

      Prime Bluffton Corner Lot

      Corner lot in Bluffton with mixed-use zoning.
      1 Thurmond Way, Bluffton, SC 29910
      View Details
    • $375,000

      Bluffton Land For Sale

      Land in the heart of Old Town Bluffton, zoned residential/commercial.
      10 Carroll Court, Bluffton, SC 29910
      View Details
    • $2,950,000

      Luxury Office/Warehouse Complex

      Class A office and warehouse space built in 2023.
      3095 Soperton Drive, Bluffton, SC 29910
      View Details
    • $647,111

      Leased Medical Space For Sale

      100% leased medical space with new long-term lease.
      14 Oak Forest Road, Bluffton, SC 29910
      View Details
    • $628,148

      Leased Medical Space For Sale

      100% leased medical space with new 5-year lease.
      14 Oak Forest Road, Bluffton, SC 29910
      View Details
    • $1,195,000

      Bluffton Commercial Land For Sale

      6.7 acres of commercial land available in Bluffton, SC.
      40 Davis Court, Bluffton, SC 29910
      View Details
    • $689,000

      Prime Retail Condo in Bluffton

      High-end retail condo in Old Town Bluffton's Calhoun Street Promenade.
      5 Promenade Street, Bluffton, SC 29910
      View Details
    • $450,000

      Land in Old Town Bluffton

      Mixed-use lot near downtown Bluffton, SC, with no HOA.
      27 Maiden Lane, Bluffton, SC 29910
      View Details
    • $45

      Prime Commercial Site in Bluffton

      Trophy site near new medical facilities in Bluffton, SC.
      280 Old Bridge Drive, Bluffton, SC 29910
      View Details
    • $450,000

      Bluffton Land Near May River

      Mixed-use lot near dining, shopping, and May River.
      25 Maiden Lane, Bluffton, SC 29910
      View Details
    • $499,000

      Bluffton Land with Development Potential

      Expansive 0.29 acre lot in Bluffton, SC for sale.
      225 Vinson Road, Bluffton, SC 29910
      View Details
    • $1,609,481

      Leased Medical Space For Sale

      100% leased medical space with new long-term lease.
      14 Oak Forest Road, Bluffton, SC 29910
      View Details

    FAQs

    What type of property is this?
    Commercial land - 1.17 acres on Highway 170, Bluffton, SC.
    Where is this commercial land located?
    The property is located at 105 Seagrass Station Rd Bluffton, SC.
    What is the asking price?
    The asking price for this property is $925,000.
    What are key features of this property?
    This property features: Prime location directly fronting Highway 170; High daily traffic count of approximately 22,500 VPD; Approximately 1.17 acres of land
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Baker Wilkins
    Real Estate License ID: SC 31069
    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
    105 Seagrass Station Rd, Bluffton, SC 29910
    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!