Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Hilton Head Commercial Space Title is generated by Realmo AI

    46 Old Wild Horse Road, Hilton Head Island, SC 29926

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    COMMERCIAL - Hilton Head Island, SC

    Property size:
    1,500 SF
    Price / SF:
    $0.01/SF
    Added:
    Apr 21, 2026
    Days on Market:
    24
    Last Refresh:
    May 14 at 4:06 pm

    Property Features for 46 Old Wild Horse Road

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Size
    1,500 SF

    We can help!

    Listing Contact
    Bob Jones
    Bob Jones

    Listing agent Bob Jones License #326401

    Listing office Howard Hanna Allen Tate Lowcountry (222) 1038 William Hilton Pkwy, Hilton Head Island, SC

    Listing date Apr 21, 2026

    MLS# 503689

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

    HighLights

    • 1,500 sq. ft. of mixed commercial space ideal for retail, office, or storage.
    • Available immediately.
    • Customizable layout to suit various business needs.
    • Located on Old Wild Horse Road.
    • NNN lease structure.
    • $18/sq. ft.

    Overview

    This commercial space offers 1,500 square feet suitable for retail, office, or storage purposes. Located on Old Wild Horse Road, the property is available for immediate occupancy. The space allows for a customizable layout to suit specific business needs. It is located in Hilton Head Island, South Carolina.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    G-Men's Barber Shop Barber Shop Litter Box Thrift ... Discount Store Animal Care Clinic ... Veterinary Clinic Ruby Lees Restaurant Sea Island Kitchens Renovation Specialist

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon 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
    -80.748737
    Latitude
    32.2172789

    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
    • $37,500

      Wexford Harbor Boat Slip

      Boat slip in private Wexford Plantation harbor.
      107 Wexford Club Drive, Hilton Head Island, SC 29928
      View Details
    • $999,000
      2,322 SF

      Highway 278 Two-Story Commercial Building

      Two-story commercial building on Highway 278 in Hilton Head.
      578 William Hilton Parkway, Hilton Head Island, SC 29928
      View Details
    • $279,999

      Hilton Head Motorcoach Lot

      Upgraded motorcoach lot in Hilton Head Island Motorcoach Resort.
      133 Arrow Road, Hilton Head Island, SC 29928
      View Details
    • $1,399,000
      4,258 SF

      Leased Commercial Property Investment Opportunity

      Leased to national law firm with high visibility location.
      1544 Fording Island Road, Hilton Head Island, SC 29926
      View Details
    • $18
      3,500 SF

      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
    • $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
    • $85,000
      1,456 SF

      Hilton Head Commercial Opportunity

      Two adjacent commercial units in prime location, being sold together.
      55 New Orleans Road, Hilton Head Island, SC 29928
      View Details
    • $18
      5,000 SF

      Hilton Head Warehouse/Office Space

      Remodeled warehouse/office space with roll-up doors in Hilton Head.
      229 Gum Tree Road, Hilton Head Island, SC 29926
      View Details
    • $80,000
      15,800 SF

      Restaurant Opportunity on Hilton Head

      Restaurant for sale with solid lease in place.
      811 William Hilton Parkway, Hilton Head Island, SC 29928
      View Details
    • $85,000
      1,456 SF

      Hilton Head Commercial Opportunity

      Two adjacent commercial units in prime location, currently a spa.
      55 New Orleans 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?
    Mixed-use property - 1,500 sq ft commercial space for retail, office, storage.
    Where is this mixed-use property located?
    The property is located at 46 Old Wild Horse Road Hilton Head Island, SC.
    What is the asking price?
    The asking price for this property is Off market.
    What are key features of this property?
    This property features: 1,500 sq. ft. of mixed commercial space ideal for retail, office, or storage.; Available immediately.; Customizable layout to suit various business needs.
    (843) 422-6428
    We can help!
    Listing Contact
    Bob Jones
    Bob Jones
    Real Estate License ID: 326401
    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

    Thank You for Inquiry
    46 Old Wild Horse Road, Hilton Head Island, SC 29926
    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!