Drive-Through Restaurant
For Sale
Contact for pricing
111 RIBAUT RD, Beaufort, SC 29902
Established quick-service restaurant with indoor dining and drive-through service in Beaufort’s Boundary Street Redevelopment District.
Property Size1,620 SF
Price / SF$614.20
Days on Market160
Property Features for 111 RIBAUT RD
General Information
Standard status
Active
Size
1,620 SF
Property subtype
Retail, Mixed Use, Business for Sale
Zoning
T5-UC
Building Details
Year Built
1969
Units
1
Listing Agency:
The HomesFinder Realty Group
Listed By:
Will Achurch, CCIM · License #SC 100920 & GA 432657
Source:
Crexi
Added: May 8
Changed: Oct 11
Last Checked: Oct 12 at 7:39PM
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 The HomesFinder Realty Group
Investment Insights
Based on property information with market context.
The offering includes the Maryland Fried Chicken business and its restaurant property at 111 Ribaut Road in Beaufort. Built in 1969, the 1620-square-foot facility supports both indoor dining and drive-through service, with a menu centered on fried chicken, seafood, pork chops, and accompanying sides. Operations have historically run from 11:00am to 6:00pm, five days per week.
The property sits across from City Hall, the Beaufort County Government Complex, and the Courthouse, with exposure to over 38,000 Vehicles Per Day. It is within the City of Beaufort’s Boundary Street Redevelopment District and carries T5-UC zoning. The site’s ground elevation places it outside the special hazard flood zone.
The property sits across from City Hall, the Beaufort County Government Complex, and the Courthouse, with exposure to over 38,000 Vehicles Per Day. It is within the City of Beaufort’s Boundary Street Redevelopment District and carries T5-UC zoning. The site’s ground elevation places it outside the special hazard flood zone.
Key Highlights
- Maryland Fried Chicken business and property offered together
- 1620 square feet; built in 1969
- Indoor dining and drive‑through service
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,110
Cap Rate
2.83%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$562,200
$562.2K
Cap Rate 7%
$401,571
$401.6K
Cap Rate 9%
$312,333
$312.3K
Market Conditions
NOI Build-Up for 1,620 SF
Gross rent
$38.9K $24.00/SF
− Vacancy
−$1.4K −$0.86/SF
EGI
$37.5K $23.14/SF
− OpEx
−$9.4K −$5.78/SF
NOI
$28.1K $17.35/SF
Area
Beaufort County, SC
Vacancy
3.60%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$562,200
Cap Rate 7%
$401,571
Cap Rate 9%
$312,333
Alternative Uses
Best Use
Specialty Retail
$401.6K
$351.4K – $468.5K
NOI $28,110 @ 7.0% cap · market cap 2.83%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$488.8K
$427.7K – $570.2K
NOI $34,214 @ 7.0% cap · market cap 3.44%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
752
Businesses Nearby
50k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 76%
Hotels & Casinos 12%
Shops & Services 11%
Home Improvements & Furnishings 1%
Starbucks
Dining
22,188 visits/mo
0.2 miles
Outback Steakhouse
Dining
11,625 visits/mo
0.5 miles
Bank of America
Shops & Services
5,632 visits/mo
0.5 miles
Wayback Burgers
Dining
4,314 visits/mo
0.2 miles
Hilton Garden Inn Beaufort
Hotels & Casinos
3,468 visits/mo
0.4 miles
Demographics for 29902, SC
16,692
Population
7,131
Households
2.3
Avg Household Size
36
Median Age
38%
College-Educated
96%
High-School Grad
18.1 sq mi
ZIP Area
922
Density / Sq Mi
$72,564
Median Household Income
$36,468
Median Earnings
$1,157
Median Rent
$306,000
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Established quick-service restaurant with indoor dining and drive-through service in Beaufort’s Boundary Street Redevelopment District.
Where is this conventional restaurant located?
The property is located at 111 RIBAUT RD Beaufort, SC.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: Maryland Fried Chicken business and property offered together; 1620 square feet; built in 1969; Indoor dining and drive‑through service
