In-Line Retail
For Sale
Contact for pricing
10729 Ocean Highway Unit B, Pawleys Island, SC 29585
Unit B can be combined with its adjoining space for a larger retail footprint.
Property Size923 SF
Price / SF$2.67
Days on Market21
Property Features for 10729 Ocean Highway Unit B
General Information
Standard status
Active
Size
923 SF
Property subtype
Retail
Site & Location
Corner Location
Yes
End Cap
No
Anchor Co-Tenants
Bistro 217, Rustic Table
Listing Agency:
NAI The Litchfield Company
Listed By:
Abernethy & Jones Commercial Group · License #1033
(843) 979-6754
Source:
Thenelsonteamsc
Added: Oct 13
Changed: Nov 2
Last Checked: Nov 2 at 2:40AM
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 The Litchfield Company
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Unit B is a 923-square-foot in-line retail space at Downtown Pawleys. The suite is offered on its own or together with adjacent Unit C, creating a combined area of 2,006 square feet.
The center sits at Ocean Highway (Hwy 17) and Professional Lane, with Unit B positioned in front of Bistro 217. Bistro 217 and Rustic Table are among the center’s restaurant and shop tenants. Signage opportunities are available.
The center sits at Ocean Highway (Hwy 17) and Professional Lane, with Unit B positioned in front of Bistro 217. Bistro 217 and Rustic Table are among the center’s restaurant and shop tenants. Signage opportunities are available.
Key Highlights
- 923 SF in‑line retail suite
- Unit B may be combined with adjacent Unit C for 2,006 SF total
- At Ocean Highway (Hwy 17) and Professional Lane
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,048
Suggested Prices Based on Cap Rates
Cap Rate 5%
$220,960
$221.0K
Cap Rate 7%
$157,829
$157.8K
Cap Rate 9%
$122,756
$122.8K
Market Conditions
NOI Build-Up for 923 SF
Gross rent
$16.6K $18.00/SF
− Vacancy
−$831 −$0.90/SF
EGI
$15.8K $17.10/SF
− OpEx
−$4.7K −$5.13/SF
NOI
$11.0K $11.97/SF
Area
Georgetown County, SC
Vacancy
5.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$220,960
Cap Rate 7%
$157,829
Cap Rate 9%
$122,756
Alternative Uses
Best Use
Retail
$157.8K
$138.1K – $184.1K
NOI $11,048 @ 7.0% cap · market cap 448.92%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$253.2K
$221.5K – $295.4K
NOI $17,722 @ 7.0% cap · market cap 720.11%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
699
Businesses Nearby
Explore this area
Business Placement
Demographics for 29585, SC
16,574
Population
12,061
Households
1.4
Avg Household Size
60
Median Age
50%
College-Educated
96%
High-School Grad
61.8 sq mi
ZIP Area
268
Density / Sq Mi
$83,077
Median Household Income
$42,237
Median Earnings
$1,599
Median Rent
$423,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Retail space - Unit B can be combined with its adjoining space for a larger retail footprint.
Where is this retail space located?
The property is located at 10729 Ocean Highway Unit B Pawleys Island, SC.
What are key features of this property?
This property features: 923 SF in‑line retail suite; Unit B may be combined with adjacent Unit C for 2,006 SF total; At Ocean Highway (Hwy 17) and Professional Lane
