Auto Shop with Highway
599 Robert Smalls Parkway, Beaufort, SC 29906
For Sale
New
$1,475,900
Commercial Sale, Beaufort, SC
Property Size11,700 SF
Lot Size1.43 Acres
Price / SF$126.15
Days on Market5
Property Features for 599 Robert Smalls Parkway
General Information
Property type
Property subtype
Zoning
Parking
Parking features
Subdivision
Standard status
APN
Lot size
Tenancy & Operations
Tenant in Place
Current Tenants
Real Estate Included
Additional Details
Automotive Uses
Taxes and HOA fees
Tax Description
Tax Annual Amount
Legal Description
Utilities
Utilities
Heating system
Cooling system
Water source
Building Details
Year built
Floors in Building
Number of units
Flooring type
Building materials
Roof type
Buildings
Listing Agency:
Charter One Realty
(843) 379-4460
Listed By:
Michael Mark · License SC #81419
(843) 812-6023
Added: Nov 5
Changed: Nov 9
Last Checked: Nov 9 at 7:06PM
MLS# 198967
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.
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Investment Insights
Based on property information with market context.
This auto shop property contains an 11,700-square-foot building on 1.43 acres. The structure was built in 1993 and has metal siding, a metal roof, and a parking lot. Interior finishes include concrete, carpet, and tile flooring; heating and cooling are provided by heat pumps. Electricity is available, and the property has a public water source.
A lease to RNR Tire Company is in place, with a stated 7% cap rate. The site has 350 feet of highway frontage along a commercial corridor where more than 21,000 vehicles pass daily.
A lease to RNR Tire Company is in place, with a stated 7% cap rate. The site has 350 feet of highway frontage along a commercial corridor where more than 21,000 vehicles pass daily.
Key Highlights
- 11,700 sq ft building on 1.43 acres
- 350 feet of highway frontage
- More than 21,000 vehicles pass daily
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$70,025
Cap Rate
4.74%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,400,500
$1.4M
Cap Rate 7%
$1,000,357
$1.0M
Cap Rate 9%
$778,056
$778.1K
Market Conditions
NOI Build-Up for 11,700 SF
Gross rent
$105.3K $9.00/SF
− Vacancy
−$5.3K −$0.45/SF
EGI
$100.0K $8.55/SF
− OpEx
−$30.0K −$2.56/SF
NOI
$70.0K $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 Rate 5%
$1,400,500
Cap Rate 7%
$1,000,357
Cap Rate 9%
$778,056
Alternative Uses
Best Use
Retail
$2.64M
$2.31M – $3.08M
NOI $184,766 @ 7.0% cap · market cap 12.52%
Second Best
Industrial
$1.00M
$875.3K – $1.17M
NOI $70,025 @ 7.0% cap · market cap 4.74%
Theoretical Best
Office A
$3.53M
$3.09M – $4.12M
NOI $247,104 @ 7.0% cap · market cap 16.74%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
21,000 VPD
Traffic count
Single-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
69
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Retail in South region
Similar Off Market Nearby
- Tow Shop LLC — 3111 Palomino Dr, Beaufort, SC 29906
- Beaufort Tubes & Hoses — 3108 Palomino Dr, Beaufort, SC 29906
- Automotive Air — 3108 Palomino Dr, Beaufort, SC 29906
- Universal Safety Solutions LLC — 110 Castle Rock Rd suite d, Beaufort, SC 29906
- RNR Tire Express — 599 Robert Smalls Pkwy, Beaufort, SC 29906
Frequently Asked Questions
What type of property is this?
Auto shop - The property is leased to RNR Tire Company and includes a substantial commercial site.
Where is this auto shop located?
The property is located at 599 Robert Smalls Parkway Beaufort, SC.
What is the asking price?
The asking price for this property is $1,475,900.
What are key features of this property?
This property features: 11,700 sq ft building on 1.43 acres; 350 feet of highway frontage; More than 21,000 vehicles pass daily
