Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    23B Shelter Cove Ln Hilton Head Island, SC 29928

    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    1,546 sq ft, Prime Location, Water Views

    Lot size:
    1,546 SF

    Property Features for 23B Shelter Cove Ln

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,546 SF

    Spaces For Lease

    at 23B Shelter Cove Ln, Hilton Head Island, SC 29928 Contact us
    Unit

    $17 /Mo

    Size
    1,546 SF
    Contact us

    We can help!

    Listing Contact
    Baker Wilkins
    Baker Wilkins

    Listing Agent: Baker Wilkins

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    This exceptional 1,546-square-foot traditional office space is ideally situated in the heart of Hilton Head Island's Shelter Cove. Enjoy breathtaking water views from this single-tenant suite, ready for immediate occupancy. The convenient mid-island location offers unparalleled access to a vibrant array of amenities, including Kroger, Starbucks, Kinghorn Insurance, and numerous other retailers, restaurants, and professional offices. The interior layout is thoughtfully designed to maximize functionality and includes a welcoming reception area, four private offices (or three offices and a conference room), a dedicated copier/storage room, and a versatile open work or meeting area. While the restroom is shared with a neighboring tenant on the fourth floor, it's conveniently located adjacent to the suite. This prestigious building boasts a strong tenant roster, including notable firms such as Burr Forman Law Firm, Oppenheimer DDS, Edward Jones, the Town of Hilton Head, South Coast Management, and PrimeLending, ensuring a professional and thriving business environment. The property is located at 23B Shelter Cove Ln, Hilton Head Island, SC 29928, in Beaufort County.
    Property Profile Location Intelligence

    Current Use by Public Records

    Lowcountry Periodontics & Dental ... Dental Office Shelter Cove Dental Dental Office Miller David L ... Dental Office Professional Dental Laboratory Dental Office Divorce & QDRO Law Firm

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Hair Salon Nail Salon Pharmacy

    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
    -80.7249128
    Latitude
    32.1818558

    Nearby Similar for Lease

    • Sponsored
      Contact for pricing

      SC, Hilton Head - Office Park Road

      Discover many ways to work your way in San Antonio Airport
      32 Office Park Rd, Hilton Head, SC 29928
      View Details
    • $4,300 /Mo
      2,218 SF

      Mid-Island Retail/Flex Space Available

      Retail or flex space with good visibility and natural light.
      29 Mathews Dr, Hilton Head Island, SC 29926
      View Details
    • $17 SF/Yr
      1,792 SF

      Functional Office Spaces For Rent

      Updated building with covered parking and a great location.
      2 Park Rd, Hilton Head Island, SC 29928
      View Details
    • Contact for pricing

      Former IHOP on William Hilton

      Freestanding 5,172 SF building in high-traffic retail corridor.
      439 William Hilton Pkwy, Hilton Head Island, SC 29926
      View Details
    • Contact for pricing
      1,600 SF

      Retail Space in Hilton Head

      Grocery-anchored neighborhood center with high visibility and strong tenant mix.
      890 William Hilton Pkwy, Hilton Head Island, SC 29928
      View Details
    • Contact for pricing
      2,400 SF

      Retail Space Near Coligny Beach

      Retail space with high visibility and foot traffic.
      70 Pope Ave, Hilton Head Island, SC 29928
      View Details
    • Contact for pricing
      11,978 SF

      Retail Space in Shelter Cove

      Retail space available within Shelter Cove Shopping and Entertainment area.
      50 Shelter Cove Ln, Hilton Head Island, SC 29928
      View Details
    • $25 SF/Yr
      9,660 SF

      Class A Office Space Available

      Class A office building with monument signage on Palmetto Bay Road.
      19 Bow Cir, Hilton Head Island, SC 29928
      View Details
    • Contact for pricing
      4,400 SF

      Restaurant Building with Drive-Thru

      4,400 SF restaurant with drive-thru on Hilton Head Island.
      1012 William Hilton Pkwy, Hilton Head Island, SC 29928
      View Details
    • Contact for pricing
      2,275 SF

      Retail Space in Power Center

      Retail space available in Hilton Head Island power center.
      24 Shelter Cove Ln, Hilton Head Island, SC 29928
      View Details
    • Contact for pricing
      2,296 SF

      Retail Space in Power Center

      Retail space available in Hilton Head Island power center.
      38 Shelter Cove Ln, Hilton Head Island, SC 29928
      View Details
    • Contact for pricing
      2,250 SF

      Retail Space Near Coligny Park

      Retail space for lease with high visibility and outdoor seating.
      81 Pope Ave, Hilton Head Island, SC 29928
      View Details

    FAQs

    What type of property is this?
    Office Property / Space - 1,546 sq ft, Prime Location, Water Views
    Where is this office property / space located?
    The property is located at 23B Shelter Cove Ln Hilton Head Island, SC.
    What is the lease rate?
    The lease rate is $17 SF/Yr.
    What are key features of this property?
    This property features: 1,546 SF traditional office suite in Shelter Cove, Hilton Head Island.; Stunning water views from single-tenant space, immediately available.; Prime mid-island location near numerous amenities including Kroger, Starbucks, and other retailers.
    (843) 247-2470 Call to check price and availability
    Request Owner's contact information
    23B Shelter Cove Ln Hilton Head Island, SC 29928
    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.
    23B Shelter Cove Ln
    Hilton Head Island, SC 29928
    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
    23B Shelter Cove Ln Hilton Head Island, SC 29928
    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

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Baker Wilkins
    Baker Wilkins
    Real Estate License ID: 31069
    (843) 247-2470 (843) 837-4460
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!