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Automotive Repair Facility
For Sale
$759,000

3520 Trask Parkway, Beaufort, SC 29906

COMMERCIAL - Beaufort, SC

Property Size4,600 SF
Lot Size1.02 Acres
Price / SF$165
Days on Market170

Property Features for 3520 Trask Parkway

General Information

Property type Commercial Sale
Property subtype Other
Zoning Industrial
Parking features Parking Lot
Subdivision NOT in a Subdivision
Standard status Active
APN R100-026-000-0165-0000
Lot size 1.02 Acres

Taxes and HOA fees

Tax Description POR LOT 74 CLUB HOUSE #BKN913 *5/11 0.01 AC DEDUCTED TO R/W DB3026 P240 (5000) S C DOT
Tax Annual Amount 4823
Legal Description POR LOT 74 CLUB HOUSE #BKN913 *5/11 0.01 AC DEDUCTED TO R/W DB3026 P240 (5000) S C DOT

Utilities

Sewer type Public Sewer
Water source Public

Building Details

Year built 1972
Listing Agency: Charter One Realty
Listed By: Ethan M James · License #86135
Added: Feb 19 Changed: Aug 4 Last Checked: Aug 8 at 4:06PM
MLS# 194778

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.

Investment Insights

Based on property information with market context.

This 1.02-acre commercial property includes a 4,600 SF building constructed in 1972. The site is currently used for automotive repair and includes a parking lot, with public water and public sewer serving the property. Industrial (S1) zoning supports a range of commercial and industrial applications identified for the site, including office, manufacturing, warehousing, vehicle sales or rental, self-storage, fuel sales, processing, packaging, and outdoor storage or maintenance yards.

The property has frontage along Highway 21 in Beaufort, providing a highway-oriented setting for an automotive, industrial, or service-related operation. Its existing building and paved parking provide an established physical base for continued use or repositioning within the listed zoning framework.

Key Highlights

  • 1.02‑acre commercial site along Highway 21
  • 4,600 SF building constructed in 1972
  • Currently operating as an automotive repair facility

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
$27,531
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
3.63%
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%
$550,620 $550.6K
Cap Rate 7%
$393,300 $393.3K
Cap Rate 9%
$305,900 $305.9K
Market Conditions
NOI Build-Up for 4,600 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
$41.4K $9.00/SF
− Vacancy
−$2.1K −$0.45/SF
EGI
$39.3K $8.55/SF
− OpEx
−$11.8K −$2.56/SF
NOI
$27.5K $5.98/SF
Area
Beaufort County, SC
Vacancy
5.00%
Lease Rate
$9.00 /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%
$550,620
Cap Rate 7%
$393,300
Cap Rate 9%
$305,900

Alternative Uses

Best Use
Flex RnD
$1.18M
$1.03M – $1.38M (±1% cap)
NOI $82,524 @ 7.0% cap · market cap 10.87%
Second Best
Retail
$1.04M
$908.0K – $1.21M (±1% cap)
NOI $72,643 @ 7.0% cap · market cap 9.57%
Theoretical Best
Office A
$1.39M
$1.21M – $1.62M (±1% cap)
NOI $97,152 @ 7.0% cap · market cap 12.80%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Gur's Wrecker Service ... Auto Repair Shop Lifesafer Ignition Interlock Building Supply

Suggested Use

Top Pick Building Supply Garden Center (Bike/Boat/Book/etc) Store Big Box & Wholesale Store Law Firm HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

14
Businesses Nearby
Well-served
Demand for This Use

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 Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

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  • Caliber Collision 2811 Boundary St, Beaufort, SC 29906
  • Coastal Transmission Services 2741 Boundary St, Beaufort, SC 29906
  • Safehands Discount Tires 26 Parris Island Gateway, Beaufort, SC 29906
  • Green Tire Service LLC 10 Burton Hill Rd, Beaufort, SC 29906

Frequently Asked Questions

What type of property is this?
Auto shop - Industrial (S1) zoning supports automotive operations, warehousing, manufacturing, and other listed commercial uses.
Where is this auto shop located?
The property is located at 3520 Trask Parkway Beaufort, SC.
What is the asking price?
The asking price for this property is $759,000.
What are key features of this property?
This property features: 1.02‑acre commercial site along Highway 21; 4,600 SF building constructed in 1972; Currently operating as an automotive repair facility
More about this property
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