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Office Suite with Conference Room
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121 Professional Ln. Unit B, Pawleys Island, SC 29585

A private meeting room, kitchen area, and on-site parking support day-to-day office operations.

Property Size1,500 SF
Price / SF$1.42
Days on Market152

Property Features for 121 Professional Ln. Unit B

General Information

Standard status Active
Size 1,500 SF
Property subtype Office

Site & Location

Highway Access Yes
Road Access Yes

Additional Details

Property Use Office

Amenities

private conference room
fully equipped kitchen area
modern restroom facilities
abundant natural light
Listing Agency: The Dieter Company
Listed By: Jay Nelson
Source: Thenelsonteamsc
Added: Jun 4 Changed: Nov 2 Last Checked: Nov 2 at 2:34AM

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 Dieter Company

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

Office space at 121 Professional Ln., Unit B, provides 1,500 square feet of workspace. The suite includes a private conference room, kitchen area, restroom, and natural light. Parking is available at the property.

Professional Lane connects the site to US-17. Murrells Inlet, Litchfield Beach, and Georgetown are identified as nearby destinations.

Key Highlights

  • 1,500 square feet of office space
  • Private conference room
  • Kitchen area and restroom

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$21,060
Suggested Prices Based on Cap Rates
Cap Rate 5%
$421,200 $421.2K
Cap Rate 7%
$300,857 $300.9K
Cap Rate 9%
$234,000 $234.0K
Market Conditions
NOI Build-Up for 1,500 SF
Gross rent
$36.0K $24.00/SF
− Vacancy
−$7.9K −$5.28/SF
EGI
$28.1K $18.72/SF
− OpEx
−$7.0K −$4.68/SF
NOI
$21.1K $14.04/SF
Area
Georgetown County, SC
Vacancy
22.00%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$421,200
Cap Rate 7%
$300,857
Cap Rate 9%
$234,000

Alternative Uses

Best Use
Office B
$300.9K
$263.3K – $351.0K (±1% cap)
NOI $21,060 @ 7.0% cap · market cap 991.06%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$411.4K
$360.0K – $480.0K (±1% cap)
NOI $28,800 @ 7.0% cap · market cap 1,355.29%
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

Office Units

Suggested Use

Top Pick Electrical Service Auto Parts Store Plumbing Service Parking Lot & Garage (Bike/Boat/Book/etc) Store Auto Repair Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

699
Businesses Nearby

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 Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025

Frequently Asked Questions

What type of property is this?
Office unit - A private meeting room, kitchen area, and on-site parking support day-to-day office operations.
Where is this office unit located?
The property is located at 121 Professional Ln. Unit B Pawleys Island, SC.
What are key features of this property?
This property features: 1,500 square feet of office space; Private conference room; Kitchen area and restroom
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