Automotive Repair
For Sale
Under Contract
$759,000
3520 Trask Parkway, Beaufort, SC 29906
Commercial Sale, Beaufort, SC
Property Size4,600 SF
Lot Size1.02 Acres
Price / SF$165
Days on Market216
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 Under Contract
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
(843) 379-4460
Listed By:
Ethan M James · License #86135
(843) 812-0060
Added: Feb 19
Changed: Sep 14
Last Checked: Sep 23 at 1:06AM
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 automotive property occupies a 1.02-acre commercial site with a building currently used for automotive repair. The improvements include on-site parking, public water, and public sewer service. Built in 1972, the property is configured for an established service-oriented operation and is classified for industrial use under S1 zoning.
The site fronts Highway 21 at 3520 Trask Parkway in Beaufort, South Carolina. Industrial zoning supports a range of uses identified in the property information, including manufacturing, warehousing, vehicle sales or rental, self-storage, processing and packaging, and outdoor storage or maintenance yards. The location and existing improvements may also accommodate continued automotive use or a repositioning of the property within the permitted use framework.
The site fronts Highway 21 at 3520 Trask Parkway in Beaufort, South Carolina. Industrial zoning supports a range of uses identified in the property information, including manufacturing, warehousing, vehicle sales or rental, self-storage, processing and packaging, and outdoor storage or maintenance yards. The location and existing improvements may also accommodate continued automotive use or a repositioning of the property within the permitted use framework.
Key Highlights
- 1.02‑acre commercial site with Highway 21 frontage
- Existing automotive repair operation
- Industrial (S1) zoning
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
Retail
$1.04M
$908.0K – $1.21M
NOI $72,643 @ 7.0% cap · market cap 9.57%
Second Best
Industrial
$393.3K
$344.1K – $458.9K
NOI $27,531 @ 7.0% cap · market cap 3.63%
Theoretical Best
Office A
$1.39M
$1.21M – $1.62M
NOI $97,152 @ 7.0% cap · market cap 12.80%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
96
Businesses Nearby
39k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 97%
Hotels & Casinos 3%
Parker's Kitchen
Shops & Services
30,962 visits/mo
0.4 miles
Shell
Shops & Services
3,655 visits/mo
0.0 miles
Stokes Toyota Beaufort
Shops & Services
2,957 visits/mo
0.1 miles
Howard Johnson
Hotels & Casinos
1,287 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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
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 - Established automotive repair facility with industrial zoning, a paved parking lot, and public water and sewer service.
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 with Highway 21 frontage; Existing automotive repair operation; Industrial (S1) zoning
