Office Unit with
For Sale
$125,000
14323 Ocean Highway, Pawleys Island, SC 29585
COMMERCIAL/INDUSTRIAL, Pawleys Island, SC
Property Size680 SF
Price / SF$183.82
Days on Market9
Property Features for 14323 Ocean Highway
General Information
Property type
Commercial Sale
Property subtype
Office
Zoning
Commercial
Subdivision
42A Pawleys Island Area-Litchfield Mainland
Standard status
Active
Size
680 SF
Building Details
Floors in Building
1
Number of units
1
Listing Agency:
Agent Group Realty
(864) 686-6786
Listed By:
David Nelson
(843) 359-3109
Added: Sep 29
Changed: Oct 6
Last Checked: Oct 7 at 12:06AM
MLS# 2623919
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.
Investment Insights
Based on property information with market context.
This 680-square-foot office unit is in commercial zoning and is occupied by a tenant who wishes to stay. The property is located at 14323 Ocean Highway in Pawleys Island, near shops, dining, and Pawleys Island beaches.
Key Highlights
- 680‑square‑foot office unit
- Occupied by a tenant who wishes to remain
- Commercial zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$9,547
Cap Rate
7.64%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$190,940
$190.9K
Cap Rate 7%
$136,386
$136.4K
Cap Rate 9%
$106,078
$106.1K
Market Conditions
NOI Build-Up for 680 SF
Gross rent
$16.3K $24.00/SF
− Vacancy
−$3.6K −$5.28/SF
EGI
$12.7K $18.72/SF
− OpEx
−$3.2K −$4.68/SF
NOI
$9.5K $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%
$190,940
Cap Rate 7%
$136,386
Cap Rate 9%
$106,078
Alternative Uses
Best Use
Office B
$136.4K
$119.3K – $159.1K
NOI $9,547 @ 7.0% cap · market cap 7.64%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$186.5K
$163.2K – $217.6K
NOI $13,056 @ 7.0% cap · market cap 10.44%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
1
Office units
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
355
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Commercial zoning and an in-place tenant seeking to remain support continuity for the next owner.
Where is this office units located?
The property is located at 14323 Ocean Highway Pawleys Island, SC.
What is the asking price?
The asking price for this property is $125,000.
What are key features of this property?
This property features: 680‑square‑foot office unit; Occupied by a tenant who wishes to remain; Commercial zoning
