Two-Story Office
For Sale
$999,000
2-578 William Hilton Pkwy, Hilton Head Island, SC 29926
Flexible commercial building suited to professional office or select retail uses.
Property Size2,322 SF
Price / SF$430.23
Days on Market197
Property Features for 2-578 William Hilton Pkwy
General Information
Standard status
Active
Size
2,322 SF
Site & Location
Highway Access
Yes
Road Access
Yes
Building Details
Buildings
1
Stories
2
Building Size
2,322 SF
Listing Agency:
Howard Hanna Allen Tate Lowcou
(843) 379-3010
Listed By:
Robert Thomas Jones · License #90767
(843) 422-6428
Source:
Exprealty
Added: Apr 3
Changed: Oct 6
Last Checked: Oct 15 at 2:25AM
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 Howard Hanna Allen Tate Lowcou
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 two-story office building contains 2,322 square feet and is currently configured for office use by a rental company. The existing layout may accommodate professional office functions or certain retail applications. The current occupant plans to relocate to a smaller space at the end of the summer.
The property is located at 2-578 William Hilton Pkwy on Hilton Head Island, across from Aventure Cove and Nala's Beach Restaurant. Darling Eye Center occupies the adjacent building, adding established commercial context to the immediate setting.
The property is located at 2-578 William Hilton Pkwy on Hilton Head Island, across from Aventure Cove and Nala's Beach Restaurant. Darling Eye Center occupies the adjacent building, adding established commercial context to the immediate setting.
Key Highlights
- 2,322‑square‑foot, two‑story office building
- Current office configuration used by a rental company
- Potential for professional office or select retail uses
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,974
Cap Rate
3.20%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$639,480
$639.5K
Cap Rate 7%
$456,771
$456.8K
Cap Rate 9%
$355,267
$355.3K
Market Conditions
NOI Build-Up for 2,322 SF
Gross rent
$50.2K $21.60/SF
− Vacancy
−$7.5K −$3.24/SF
EGI
$42.6K $18.36/SF
− OpEx
−$10.7K −$4.59/SF
NOI
$32.0K $13.77/SF
Area
Beaufort County, SC
Vacancy
15.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$639,480
Cap Rate 7%
$456,771
Cap Rate 9%
$355,267
Alternative Uses
Best Use
Office B
$456.8K
$399.7K – $532.9K
NOI $31,974 @ 7.0% cap · market cap 3.20%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$700.6K
$613.0K – $817.4K
NOI $49,041 @ 7.0% cap · market cap 4.91%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
63
Businesses Nearby
Explore this area
Business Placement
Demographics for 29926, SC
24,832
Population
12,642
Households
2
Avg Household Size
56
Median Age
52%
College-Educated
91%
High-School Grad
28.7 sq mi
ZIP Area
865
Density / Sq Mi
$101,573
Median Household Income
$44,019
Median Earnings
$1,448
Median Rent
$600,300
Median Home Value
Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - Flexible commercial building suited to professional office or select retail uses.
Where is this office building located?
The property is located at 2-578 William Hilton Pkwy Hilton Head Island, SC.
What is the asking price?
The asking price for this property is $999,000.
What are key features of this property?
This property features: 2,322‑square‑foot, two‑story office building; Current office configuration used by a rental company; Potential for professional office or select retail uses
