Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Pawleys Island Office/Retail Space Title is generated by Realmo AI

    12019 Ocean Hwy., Pawleys Island, SC 29585

    View on Map
    Claim this Listing
    For Lease
    $2,250/Mo $15 SF/Yr (calc)

    SINGLE_FAMILY - Pawleys Island, SC

    Type:Office
    Property size:
    1,800 SF
    Lot size:
    0.23 Acres
    Added:
    Jan 2, 2026
    Days on Market:
    139
    Last Refresh:
    May 21 at 5:06 pm

    Property Features for 12019 Ocean Hwy.

    General Information

    Property type
    Residential
    Property subtype
    Office
    Zoning
    Commerical
    Standard status
    Active
    Size
    1,800 SF
    Lot size
    0.23 Acres

    Building Details

    Number of units
    1

    We can help!

    Listing Contact
    Jamie Broadhurst

    Listing agent Jamie Broadhurst

    Listing office CENTURY 21 Broadhurst Myrtle Beach, SC

    Listing date Jan 2, 2026

    MLS# 2600132

    Copyright © 2026 Coastal Carolina Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Prime 1,800 sq ft Class A office space in Pawleys Island.
    • High‑visibility location on Highway 17 with 20,000+ VPD.
    • Flexible, open layout adaptable to various business needs.
    • Features a kitchenette and two restrooms.
    • Separate entrance for second‑floor access.
    • Suitable for professional offices, retail, or creative spaces.

    Overview

    This is a 1,800 square feet Class A office space located on the second floor of a brick office building in Pawleys Island. The property has direct frontage on Highway 17 at a traffic light, benefiting from a high-visibility location with a VPD of more than 20,000. The second floor features an open layout with flexible space suitable for cubicles or stations, a small kitchenette, and two restrooms. The versatile area can be reconfigured to suit various business needs. A separate entrance provides private and convenient second-floor access. The property is suitable for professional offices, retail, or creative spaces. The lot size is 0.23 acres. The zoning is commercial.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office Units

    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
    Pawleys Island
    County
    Georgetown
    State
    South Carolina
    Longitude
    -79.114011
    Latitude
    33.458356

    Nearby Similar for Lease

    • $13,576/Mo
      14,810 SF

      Pawleys Island Commercial Property For Rent

      14,810 SF commercial property in Pawleys Island, South Carolina.
      328 Tiller Dr., Pawleys Island, SC 29585
      View Details
    • $1,200/Mo
      713 SF

      Commercial Space For Lease

      Highly visible commercial space with open design and storage.
      7340 Ocean Hwy., Pawleys Island, SC 29585
      View Details
    • $3,000/Mo
      2,000 SF

      Pawleys Island Professional Office Space

      Well-appointed 2,000 SF office space in Pawleys Island, SC.
      313 Commerce Dr., Pawleys Island, SC 29585
      View Details
    • $6,082/Mo
      2,500 SF

      New Retail Spaces in Development

      New retail spaces for lease in Pawleys Island, SC.
      9601 Ocean Highway, Pawleys Island, SC 29585
      View Details
    • $3,329/Mo
      1,598 SF

      Da Gullah Way Mixed-Use Unit

      Prime mixed-use space in desirable Pawleys Island location.
      71 Da Gullah Way, Pawleys Island, SC 29585
      View Details
    • $3,632/Mo
      1,981 SF

      Pawleys Island Professional Office Space

      Versatile office space in high-visibility Pawleys Island location.
      38 Blackgum Rd., Pawleys Island, SC 29585
      View Details
    • $5,500/Mo
      3,700 SF

      Pawleys Island Commercial Space For Lease

      Versatile 3700 SF commercial space in high-traffic Pawleys Island.
      11382 Ocean Hwy., Pawleys Island, SC 29585
      View Details
    • $1,750/Mo
      500 SF

      Pawleys Island Commercial Flex Space

      Flex space with office and warehouse areas for lease.
      1102 - B Martin Luther King Rd., Pawleys Island, SC 29585
      View Details
    • $5,500/Mo
      2,500 SF

      Pawleys Island Restaurant with Drive-Thru

      Freestanding 2,500 SF restaurant with drive-thru on 1 acre.
      10378 Ocean Highway, Pawleys Island, SC 29585
      View Details
    • $1,950/Mo
      2,400 SF

      Office and Flex Warehouse Space

      Office and flex warehouse spaces available for lease.
      354 Tiller Dr, Pawleys Island, SC 29585
      View Details
    • $20 SF/Yr

      Prime Retail Space in Pawleys

      High-end retail space in Sweetgrass Center, Pawleys Island.
      11326 Ocean Highway, Pawleys Island, SC 29585
      View Details
    • $25 SF/Yr
      3,761 SF

      Office Space in Pawleys Island

      Office space available for lease in Pawleys Island, SC.
      10554 Ocean Hwy, Pawleys Island, SC
      View Details

    FAQs

    What type of property is this?
    Office units - Class A office/retail space in high-visibility Pawleys Island location.
    Where is this office units located?
    The property is located at 12019 Ocean Hwy. Pawleys Island, SC.
    What is the lease rate?
    The lease rate is $2,250 /Mo.
    What are key features of this property?
    This property features: Prime 1,800 sq ft Class A office space in Pawleys Island.; High‑visibility location on Highway 17 with 20,000+ VPD.; Flexible, open layout adaptable to various business needs.
    (843) 424-0340
    We can help!
    Listing Contact
    Jamie Broadhurst
    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
    12019 Ocean Hwy., Pawleys Island, SC 29585
    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!