End-Unit Office
14323 Ocean Highway unit 4145, Pawleys Island, SC 29585
For Sale
Contact for pricing
Reception, open work area, private offices, and storage offer a flexible professional layout.
Property Size1,238 SF
Price / SF$153.47
Days on Market34
Property Features for 14323 Ocean Highway unit 4145
General Information
Standard status
Size
Property subtype
Additional Details
Highway Access
Currently Operating
Property Use
Amenities
wooden pedestrian bridge
ponds with fountains
mature landscaping
Listing Agency:
Real Broker
Listed By:
Sheila Fleming · License SC #92302
(704) 995-4204
Source:
Crexi
Added: Oct 9
Changed: Nov 9
Last Checked: Nov 10 at 9:04AM
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 Real Broker
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,238-square-foot office condominium has a reception area opening to an open workspace, two enclosed offices, and an alcove that can be separated for additional privacy. A dedicated storage room and restroom with built-in shelving round out the layout. Updated flooring and neutral finishes are in place. The space is currently used as a music studio.
The property is part of Litchfield Exchange, a professional office community with mature landscaping. A pedestrian bridge crosses two ponds with fountains on the grounds. The office is just off Highway 17, across the highway from Litchfield by the Sea and the Atlantic Ocean, with shopping, dining, and businesses nearby.
The property is part of Litchfield Exchange, a professional office community with mature landscaping. A pedestrian bridge crosses two ponds with fountains on the grounds. The office is just off Highway 17, across the highway from Litchfield by the Sea and the Atlantic Ocean, with shopping, dining, and businesses nearby.
Key Highlights
- 1,238‑square‑foot end‑unit office condominium
- Reception area, open workspace, two private offices, and a flexible alcove
- Separate storage room and restroom with built‑in shelving
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,382
Cap Rate
9.15%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$347,640
$347.6K
Cap Rate 7%
$248,314
$248.3K
Cap Rate 9%
$193,133
$193.1K
Market Conditions
NOI Build-Up for 1,238 SF
Gross rent
$29.7K $24.00/SF
− Vacancy
−$6.5K −$5.28/SF
EGI
$23.2K $18.72/SF
− OpEx
−$5.8K −$4.68/SF
NOI
$17.4K $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%
$347,640
Cap Rate 7%
$248,314
Cap Rate 9%
$193,133
Alternative Uses
Best Use
Office B
$248.3K
$217.3K – $289.7K
NOI $17,382 @ 7.0% cap · market cap 9.15%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$339.6K
$297.1K – $396.2K
NOI $23,770 @ 7.0% cap · market cap 12.51%
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
Lease Details
Yes
Highway access
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
$423,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Office Units in Georgetown County, SC
Properties on Market for Office Units in Georgetown County
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - Reception, open work area, private offices, and storage offer a flexible professional layout.
Where is this office unit located?
The property is located at 14323 Ocean Highway unit 4145 Pawleys Island, SC.
What is the asking price?
The asking price for this property is $190,000.
What are key features of this property?
This property features: 1,238‑square‑foot end‑unit office condominium; Reception area, open workspace, two private offices, and a flexible alcove; Separate storage room and restroom with built‑in shelving
