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    875 Paris Ave Port Royal, SC 29935

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    For Sale
    $2,579,562

    NNN property with a long-term lease and renewal options.

    Property size:
    1,770 SF
    Lot size:
    0.55 Acres

    Property Features for 875 Paris Ave

    General Information

    Size
    1,770 SF
    Lot size
    0.55 Acres

    Source: Linville Team Partners Agent Jordan Cooper

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

    Overview

    NNN Property For Sale

    This NNN property is available for sale. The tenant is James Hillman Ripper Enterprises, Inc. The rent commencement date was July 18, 2024, and the lease expires on June 30, 2039, resulting in a remaining lease term of over 14 years. The lease includes three 5-year renewal options. It is an absolute NNN lease, meaning zero landlord responsibilities. Rent escalations are structured at 10% every 5 years. The property is potentially eligible for bonus depreciation; consult your tax advisor for details. The property size is 1,770 square feet.
    Location Intelligence

    Current Use by Public Records

    NNN properties

    Suggested Use

    Law Firm Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Port Royal
    County
    Beaufort
    State
    South Carolina
    Longitude
    -80.6928018
    Latitude
    32.3758498

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    FAQs

    What type of property is this?
    NNN property - NNN property with a long-term lease and renewal options.
    Where is this nnn property located?
    The property is located at 875 Paris Ave Port Royal, SC.
    What is the asking price?
    The asking price for this property is $2,579,562.
    What are key features of this property?
    This property features: - Absolute NNN Lease with Zero Landlord Responsibilities; - 14+ Years Remaining Lease Term; - Tenant: James Hillman Ripper Enterprises, Inc.
    (303) 717-3160
    Request Owner's contact information
    875 Paris Ave Port Royal, SC 29935
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    Realmo Value Estimation

    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.

    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.

    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
    875 Paris Ave Port Royal, SC 29935
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