Five-Bay Automotive
For Sale
Contact for pricing
2741 Boundary St, Beaufort, SC 29906
Commercial automotive facility with established automatic transmission rebuilding operations and dedicated management and technician staff.
Property Size3,690 SF
Price / SF$365.85
Days on Market191
Property Features for 2741 Boundary St
General Information
Standard status
Active
Size
3,690 SF
Class
B
Property subtype
Business for Sale
Zoning
COMMERCIAL
Investment Type
Stabilized
Additional Details
Business Included
Yes
Service Bays
5
Building Details
Year Built
1995
Stories
1
Units
1
Listing Agency:
Barnhill Realty Company
(843) 241-0277
Listed By:
Chris Barnhill · License #SC 2374
Source:
Crexi
Added: Feb 21
Changed: Aug 30
Last Checked: Aug 30 at 3:44PM
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 Barnhill Realty Company
Investment Insights
Based on property information with market context.
This commercial automotive property contains a 3,690-square-foot shop with five service bays. Built in 1995, the facility supports automatic transmission rebuilding and related automotive repair operations. The operating team includes one rebuilder, two remove-and-replace technicians, a shop manager, and a service manager.
The property is located at 2741 Boundary St in Beaufort, South Carolina, and carries COMMERCIAL zoning. The established operation has been rebuilding automatic transmissions for over 30 years, providing a clearly defined automotive service use within the existing shop configuration.
The property is located at 2741 Boundary St in Beaufort, South Carolina, and carries COMMERCIAL zoning. The established operation has been rebuilding automatic transmissions for over 30 years, providing a clearly defined automotive service use within the existing shop configuration.
Key Highlights
- Five‑bay automotive shop with 3,690 square feet
- Automatic transmission rebuilding operation established for over 30 years
- Includes one rebuilder and two remove‑and‑replace technicians
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$58,272
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.32%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,165,440
$1.2M
Cap Rate 7%
$832,457
$832.5K
Cap Rate 9%
$647,467
$647.5K
Market Conditions
NOI Build-Up for 3,690 SF
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.
Gross rent
$88.6K $24.00/SF
− Vacancy
−$5.3K −$1.44/SF
EGI
$83.2K $22.56/SF
− OpEx
−$25.0K −$6.77/SF
NOI
$58.3K $15.79/SF
Area
Beaufort County, SC
Vacancy
6.00%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,165,440
Cap Rate 7%
$832,457
Cap Rate 9%
$647,467
Alternative Uses
Best Use
Retail
$832.5K
$728.4K – $971.2K
NOI $58,272 @ 7.0% cap · market cap 4.32%
Second Best
Industrial
$315.5K
$276.1K – $368.1K
NOI $22,085 @ 7.0% cap · market cap 1.64%
Theoretical Best
Office A
$1.11M
$974.2K – $1.30M
NOI $77,933 @ 7.0% cap · market cap 5.77%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
5
Service bays
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
340
Businesses Nearby
51k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 49%
Home Improvements & Furnishings 30%
Hotels & Casinos 11%
Dining 10%
Tractor Supply Co.
Home Improvements & Furnishings
15,040 visits/mo
0.4 miles
Dollar General
Shops & Services
8,148 visits/mo
0.0 miles
The UPS Store
Shops & Services
5,794 visits/mo
0.3 miles
Sub Station II
Dining
5,230 visits/mo
0.4 miles
O'Reilly Auto Parts
Shops & Services
3,754 visits/mo
0.5 miles
Demographics for 29906, SC
22,608
Population
11,028
Households
2.1
Avg Household Size
31
Median Age
24%
College-Educated
91%
High-School Grad
45.0 sq mi
ZIP Area
502
Density / Sq Mi
$61,350
Median Household Income
$32,253
Median Earnings
$1,377
Median Rent
$236,900
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Auto shop - Commercial automotive facility with established automatic transmission rebuilding operations and dedicated management and technician staff.
Where is this auto shop located?
The property is located at 2741 Boundary St Beaufort, SC.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: Five‑bay automotive shop with 3,690 square feet; Automatic transmission rebuilding operation established for over 30 years; Includes one rebuilder and two remove‑and‑replace technicians
