599 Robert Smalls Parkway, Beaufort, SC 29906

Listing Agency: Charter One Realty (063L) i***@charteronerealty.com Show Phone

Listed By: Michael Mark · License SC #81419 Show Phone

Added: Nov 9 Last Checked: Nov 9 at 10:06PM

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MLS# 514188

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.

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Review the available facts, identify missing information and prepare questions for the agent.

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Investment Insights

Based on property information with market context.

The auto shop contains 11,700 square feet on a 1.43-acre parcel. RNR Tire Company occupies the property under a lease that supports a 7% cap rate. The site is zoned T4 Neighborhood Center Open in the Town of Port Royal.

Located at 599 Robert Smalls Parkway in Beaufort, the property has 350 feet of highway frontage. More than 21,000 vehicles pass the site each day.

Key Highlights

• 11,700‑square‑foot auto shop on 1.43 acres
• Leased to RNR Tire Company; 7% cap rate
• 350 feet of highway frontage

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

Is this asking price fair?

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 (±1% cap)

NOI $184,766 @ 7.0% cap · market cap 12.52%

Second Best

Industrial

$1.00M

$875.3K – $1.17M (±1% cap)

NOI $70,025 @ 7.0% cap · market cap 4.74%

Theoretical Best

Office A

$3.53M

$3.09M – $4.12M (±1% cap)

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

RNR Tire Express (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Real Estate Agency Building Supply Restaurant Big Box & Wholesale Store Law Firm Auto Parts Store

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

21,000 VPD

Traffic count

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

Market

Vacancy Rate% for Retail in South region

7% 2020

6.2% 2021

5.1% 2022

4.8% 2023

4.9% 2024

5.4% 2025

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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 carries T4 Neighborhood Center Open zoning.

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‑square‑foot auto shop on 1.43 acres; Leased to RNR Tire Company; 7% cap rate; 350 feet of highway frontage