Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Commercial Space in Beaufort, SC Title is generated by Realmo AI

    2631 Boundary Street, Beaufort, SC 29906

    View on Map
    Claim this Listing
    For Lease
    $3,650/Mo $24 SF/Yr (calc)

    COMMERCIAL - Beaufort, SC

    Property size:
    1,802 SF
    Lot size:
    0.51 Acres
    Added:
    Apr 22, 2026
    Days on Market:
    39
    Last Refresh:
    May 30 at 9:06 pm

    Property Features for 2631 Boundary Street

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Zoning
    Commercial
    Parking
    17
    Parking features
    Parking Lot
    Standard status
    Active
    APN
    R100-029-000-0002-0000
    Size
    1,802 SF
    Lot size
    0.51 Acres

    Taxes and HOA fees

    Tax Description
    PARCEL 2 PLAT IN DB420P292 *SPLIT 5/85 0.60 AC 29/2C
    Tax Annual Amount
    6523

    Utilities

    Water front
    1

    Building Details

    Year built
    1983
    Floors in Building
    1

    We can help!

    Listing Contact
    Weston Blackwood

    Listing agent Weston Blackwood License #3279

    Listing office Principal Advisors 1101 BAY ST STE 111, Beaufort, SC

    Listing date Apr 22, 2026

    MLS# 195906

    Copyright © 2026 Lowcountry Regional MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Highly visible, self‑standing 1,802 SF structure suitable for retail or office use.
    • Overlooks the marsh.
    • Adequate parking available.
    • Ideal location at 2631 Boundary Street.
    • Availability starting July 1, 2026.
    • Modified gross lease with tenant paying utilities and landscaping.

    Overview

    This highly visible, self-standing 1,802 SF structure is suitable for retail or office use. The property is located at 2631 Boundary Street in Beaufort, SC, overlooking the marsh, and includes adequate parking. Situated on a 0.51-acre lot, the property is zoned for commercial use. Availability is slated for July 1, 2026, under a modified gross lease agreement where the tenant is responsible for utilities and landscaping.
    Property Profile Location Intelligence

    Current Use by Public Records

    Marshview Mercantile (Bike/Boat/Book/etc) Store

    Suggested Use

    Real Estate Agency Restaurant Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Hair Salon Auto Repair Shop Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Beaufort
    County
    Beaufort
    State
    South Carolina
    Longitude
    -80.712445
    Latitude
    32.439881

    Nearby Similar for Lease

    • $24 SF/Yr
      2,640 SF

      Prime Commercial Space in Beaufort

      Freestanding building with high visibility, ideal for retail/office.
      95 Factory Creek Court, Beaufort, SC 29907
      View Details
    • $3,600/Mo
      1,500 SF

      Lady's Island Versatile Office Space

      Well-conditioned office space ideal for medical, wellness, or traditional office.
      27 Kemmerlin Lane, Beaufort, SC 29907
      View Details
    • $7,500/Mo
      4,350 SF

      Highway 170 Flex/Retail Building

      4,350 SF flex/retail building with high visibility.
      46 Robert Smalls Parkway, Beaufort, SC 29906
      View Details
    • $2,200/Mo
      536 SF

      Downtown Beaufort Commercial Space Available

      Versatile commercial space with water views in downtown Beaufort.
      700 Bay, Beaufort, SC 29902
      View Details
    • $3,800/Mo
      2,250 SF

      Versatile Commercial Space on Lady's Island

      Two-story commercial building with flexible space for rent.
      8 Celadon Drive, Beaufort, SC 29907
      View Details
    • $1,400/Mo
      240 SF

      Downtown Beaufort Office Space Available

      Inviting 240 SF office space in downtown Beaufort.
      1011 Bay Street, Beaufort, SC 29902
      View Details
    • $3,900/Mo

      Downtown Beaufort Office Space Available

      Historic downtown office space with parking available for lease.
      615 Prince Street, Beaufort, SC 29902
      View Details
    • $950/Mo
      192 SF

      Downtown Beaufort Office Space Available

      Inviting office space in the heart of Downtown Beaufort.
      1011 Bay Street, Beaufort, SC 29902
      View Details
    • $750/Mo

      Downtown Beaufort Office Suite

      Professional office suite in historic downtown Beaufort, South Carolina.
      711 Bladen Street, Beaufort, SC 29902
      View Details
    • $1,400/Mo

      Commercial Space in Beaufort Plaza

      Retail space available for lease in Beaufort, South Carolina.
      1180 Ribaut Road, Beaufort, SC 29902
      View Details
    • $4,600/Mo

      Class A Office Space

      Premier office space with waterfront views in historic Fordham Building.
      200 Carteret Street, Beaufort, SC 29902
      View Details
    • $4,500/Mo

      Downtown Beaufort Class A Office

      Class A office space with waterfront views in downtown Beaufort.
      200 Carteret Street, Beaufort, SC 29902
      View Details

    FAQs

    What type of property is this?
    Retail space - Highly visible 1,802 SF space for retail or office.
    Where is this retail space located?
    The property is located at 2631 Boundary Street Beaufort, SC.
    What is the lease rate?
    The lease rate is $3,650 /Mo.
    What are key features of this property?
    This property features: Highly visible, self‑standing 1,802 SF structure suitable for retail or office use.; Overlooks the marsh.; Adequate parking available.
    (864) 380-8228
    We can help!
    Listing Contact
    Weston Blackwood
    Real Estate License ID: 3279
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    2631 Boundary Street, Beaufort, SC 29906
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!