Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    3 Regency Pkwy Hilton Head Island, SC 29928

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $849,000

    Stand-alone building on Highway 278, suitable for multiple commercial uses.

    Type:Retail
    Property size:
    2,250 SF
    Added:
    Nov 22, 2025
    Days on Market:
    132
    Last Refresh:
    Apr 1 at 11:02 pm

    Property Features for 3 Regency Pkwy

    General Information

    Standard status
    Active
    Size
    2,250 SF
    Property subtype
    Retail

    Building Details

    Year Built
    1987

    We can help!

    Listing Contact
    Walter Wilkins

    Listing agent Walter Wilkins

    Listing office

    Listing date Nov 22, 2025

    Source Naiglobal

    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 Walter Wilkins

    Overview

    Highway Frontage Commercial Building

    This stand-alone building fronts Highway 278 on Hilton Head Island, offering a mid-island location across from Palmetto Dunes South Island Square and near Shelter Cove. It provides convenient access to all areas of Hilton Head Island. The property, previously a convenience store and gas station with underground pumps now removed, is zoned Light Commercial, accommodating various commercial applications. Situated mid-island, the building benefits from visibility on Highway 278 (William Hilton Parkway), adjacent to Bullie's BBQ and across from South Island Square, just south of Palmetto Dunes and Shelter Cove. The property size is 2250 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Bullies BBQ Restaurant

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Hair Salon Nail Salon Gym & Fitness Center Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Hilton Head Island
    County
    Beaufort
    State
    South Carolina
    Longitude
    -80.7343
    Latitude
    32.1736

    Nearby Similar for Sale

    • $425,000

      Waterfront Executive Office Suite

      Remodeled office suite with waterfront views in Shelter Cove.
      19 Shelter Cove Lane, Hilton Head Island, SC 29928
      View Details
    • $1,399,000
      4,258 SF

      Leased Commercial Property Investment

      Prime investment opportunity with immediate income and long-term potential.
      1544 Fording Island Road, Hilton Head Island, SC 29926
      View Details
    • $425,000

      Waterfront Executive Office Suite

      Remodeled office suite with waterfront views in Shelter Cove.
      19 Shelter Cove Lane unit: 207, Hilton Head Island, SC 29928
      View Details
    • $99,900

      Fountain Center Commercial Units

      Two adjacent commercial units in Fountain Center, Hilton Head Island.
      55 New Orleans Road, Hilton Head Island, SC 29928
      View Details
    • $272,000

      RV Lot with Outdoor Kitchen

      Turn-key RV lot with outdoor kitchen in luxury resort.
      133 Arrow Rd #217, Hilton Head Island, SC 29928
      View Details
    • $210,000

      Exceptional Motorcoach Resort Lot

      Spacious, private lot in premier Hilton Head resort community.
      133 Arrow Rd., #274, Hilton Head Island, SC 29928
      View Details
    • $100,000
      15,800 SF

      Hilton Head Island Restaurant Opportunity

      Mid-Island restaurant for sale with new equipment and outdoor dining.
      811 William Hilton Parkway, Hilton Head Island, SC 29928
      View Details
    • $245,000

      RV Lot on Hilton Head

      Luxury RV lot with outdoor kitchen near Coligny Beach.
      133 Arrow Road, Hilton Head Island, SC 29928
      View Details
    • $18

      Hilton Head Commercial Space Available

      Mixed-use commercial space ideal for retail, office, or storage.
      11 Mathews Drive, Hilton Head Island, SC 29026
      View Details
    • $500

      Office Space on Hilton Head

      Single office space for rent in prime Hilton Head location.
      42 New Orleans Road, Hilton Head Island, SC 29928
      View Details
    • $248,900

      Luxury RV Lot on Hilton Head

      Upscale RV lot with amenities near Coligny Beach.
      133 Arrow Road, Hilton Head Island, SC 29928
      View Details
    • $2,200,000

      Hilton Head Commercial Building

      19,500 SF commercial building with warehouse space for sale.
      20 Capital Drive, Hilton Head Island, SC 29926
      View Details

    FAQs

    What type of property is this?
    Gas station - Stand-alone building on Highway 278, suitable for multiple commercial uses.
    Where is this gas station located?
    The property is located at 3 Regency Pkwy Hilton Head Island, SC.
    What is the asking price?
    The asking price for this property is $849,000.
    What are key features of this property?
    This property features: High‑visibility location directly fronting Highway 278 (William Hilton Parkway); Zoned Light Commercial, allowing for multiple commercial uses; Stand‑alone building
    (843) 837-4460
    We can help!
    Listing Contact
    Walter Wilkins
    Learn More
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!