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Warehouse Building with Leased Space

20 Capital Drive Hilton Head Island, SC 29926

New
20 Capital Drive, Hilton Head Island, SC, 29926
$2,200,000
Pending
For Sale
$2,200,000
Pending

COMMERCIAL - Hilton Head Island, SC

Property Size19,500 SF
Days on Market2

Property Features for 20 Capital Drive

General Information

Property type
Commercial Sale
Property subtype
Other
Standard status
Pending
Listing agency Realty One Group - Lowcountry (597)
Listed by Emily Tholen · License #128343
Added: Jul 20 Checked: Jul 21 at 12:06PM
MLS# 505095

Copyright © 2026 REsides, Inc. 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 for-sale commercial warehouse building includes warehouse space configured to accommodate multiple uses, with 19,500 square feet total. Approximately 4,500 square feet of the space is currently leased, generating $7,500 per month in established income. The property also benefits from roof replacements completed in 2023 and 2025.

Located at 20 Capital Drive on Hilton Head Island, the building offers warehouse space off Marshland Road. The listing is offered for sale and/or lease, providing flexibility for buyers seeking income-producing real estate or tenants looking for dedicated warehouse space within the same structure.

Key Highlights

  • 19,500 SF commercial building with warehouse space off Marshland Road, available for sale and/or lease
  • Leased income: 4,500 SF rented for $7,500 per month
  • Newer roof replaced in 2023 and 2025

Local Financial Insights For Warehouse

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $163.8k $8.40
− Vacancy −$9.8k −$0.50
EGI $154.0k $7.90
− OpEx −$23.1k −$1.18
NOI $130.9k $6.71
19,500 SF · lease $8.40/SF/yr · vacancy 6.00% · expense 15.00%

Alternative Uses

Best Use
Warehouse
$1.87M
$1.64M – $2.18M (±1% cap)
NOI $130,876 @ 7.0% cap · market cap 5.95%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$5.88M
$5.15M – $6.86M (±1% cap)
NOI $411,840 @ 7.0% cap · market cap 18.72%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Apple Appliance Center ... Corporate Office O'Reilly Ventures, LLC ... Property Investment Company Interiors By Kay ... Interior Design

Suggested Use

Big Box & Wholesale Store Dental Office Parking Lot & Garage Electrical Service (Bike/Boat/Book/etc) Store HVAC Service Law Firm Plumbing Service (Bike/Boat/Book/etc) Store Building Supply

Zoning and permitted uses should be independently verified with local authorities.

Similar Off Market Nearby

  • Public Storage — 35 Marshland Rd, Hilton Head Island, SC 29926
  • Mathews Drive Mini Storage — 129 Mathews Dr, Hilton Head Island, SC 29926
  • Coast Island Movers — 96 Mathews Dr UNIT 224, Hilton Head Island, SC 29926

FAQs

What type of property is this?
Warehouse - 19,500 sq ft warehouse with 4,500 sq ft currently leased and a newer roof installed in 2023 and 2025.
Where is this warehouse located?
The property is located at 20 Capital Drive Hilton Head Island, SC.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: 19,500 SF commercial building with warehouse space off Marshland Road, available for sale and/or lease; Leased income: 4,500 SF rented for $7,500 per month; Newer roof replaced in 2023 and 2025
Contact an agent
More about this property
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