Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    2 Park Lane Hilton Head Island, SC 29928

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    $17 SF/Yr

    Functional office spaces in updated building with covered parking.

    Type:Office
    Added:
    Nov 21, 2025
    Days on Market:
    159
    Last Refresh:
    Apr 5 at 10:41 pm

    Property Features for 2 Park Lane

    General Information

    Standard status
    Active
    Property subtype
    Office

    Spaces For Lease

    at 2 Park Lane Contact us

    We can help!

    Listing Contact
    Walter Wilkins

    Listing agent Walter Wilkins

    Listing office

    Listing date Nov 21, 2025

    Source Naiglobal

    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 Walter Wilkins

    Overview

    Class A Office Suites Available

    Two Class A office suites are available for lease on the second floor of Two Park Lane. The functional office spaces include a kitchenette, multiple offices, and a conference room. The landlord is offering an allowance for updating the flooring and paint. The building features common areas, including restrooms. Two Park Lane is situated on the south end of Hilton Head Island, just north of the intersection with entrances to Shipyard and Wexford on Park Lane. The building overlooks the Shipyard golf course in the back and William Hilton Parkway (Hwy. 278) in the front. Park Lane has three intersections with William Hilton Parkway, including two full intersections and a right-in/right-out access point just before the building. Covered parking is available, and the building has been updated. The property benefits from a tenant mix.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    McKinley Grant G ... Dental Office Stratton Securities Inc Bank Coltrane & Wilkins, LLC Law Firm Estate Planning Firm ... Law Firm Atlantic Investment Advisory ... Financial Advisor

    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
    Hilton Head Island
    County
    Beaufort
    State
    South Carolina
    Longitude
    -80.7465
    Latitude
    32.1628

    Nearby Similar for Lease

    • $22 SF/Yr

      North End Office Spaces

      North end office spaces for lease in Hilton Head.
      100 Exchange Street, Hilton Head Island, SC 29926
      View Details
    • $3,000/Mo

      Office Space in Business Park

      Office space with high-end finishes in a business park.
      386 Spanish Wells Rd, Unit B-3, Hilton Head Island, SC 29926
      View Details
    • $25 SF/Yr

      Class A Office Space Available

      Class A office building with monument signage on Palmetto Bay Road.
      19 Bow Circle Ste A, Hilton Head Island, SC 29928
      View Details
    • $22 SF/Yr

      Medical Building on Hilton Head

      Stand-alone medical building for lease on Hilton Head Island.
      4101 Main St, Suite E & F , Hilton Head Island, SC 29926
      View Details
    • $22 SF/Yr

      North End Hilton Head Offices

      Professional office/medical spaces for lease on Hilton Head Island.
      100 Exchange Street, Hilton Head Island, SC 29926
      View Details
    • Contact for pricing

      Medical Suites in Hilton Head

      Medical office suites for lease in prestigious medical complex.
      25 Hospital Center Boulevard Hilton Head, Island, SC 29926
      View Details
    • $17 SF/Yr

      Class A Office Suite Available

      Functional office space in updated building with covered parking.
      2 Park Lane , Hilton Head Island , SC 29928
      View Details
    • Contact for pricing

      Renovated Hilton Head Industrial Property

      Renovated light industrial property with fenced yard on Hilton Head.
      70 Capital Drive | Hilton Head Island, SC 29926
      View Details
    • Contact for pricing

      Retail Space in Shelter Cove

      TJ Maxx anchored shopping center in Hilton Head Island.
      50 Shelter Cove Lane, Hilton Head Island, SC 29928
      View Details
    • Contact for pricing

      Former IHOP on William Hilton

      Freestanding 5,172 SF building in high-traffic retail corridor.
      439 William Hilton Pkwy, Hilton Head Island, SC 29926
      View Details
    • Contact for pricing

      Office Space with High-End Finishes

      Office space featuring high-end finishes in a desirable location.
      386 Spanish Wells Rd, Unit B-3 | Hilton Head Island, SC 29926
      View Details
    • $4,300/Mo

      Mid-Island Retail/Flex Space Available

      Retail or flex space with good visibility and natural light.
      29 Mathews Dr, Hilton Head Island, SC
      View Details

    FAQs

    What type of property is this?
    Office units - Functional office spaces in updated building with covered parking.
    Where is this office units located?
    The property is located at 2 Park Lane Hilton Head Island, SC.
    What is the lease rate?
    The lease rate is $17 SF/Yr.
    What are key features of this property?
    This property features: Great Location on Hilton Head Island near Shipyard and Wexford entrances.; Functional office spaces with kitchenette, multiple offices, and conference room.; Landlord allowance for updating flooring and paint.
    (843) 837-4460
    We can help!
    Listing Contact
    Walter Wilkins
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!