Retail Flex Building with Gun
9881 Ocean Hwy Pawleys Island, SC 29585
9881 Ocean Hwy, Pawleys Island, SC, 29585
$1,250,000
For Sale
$1,250,000
Retail, office, and fortified flex gun range space with ADA-compliant bathrooms and dedicated climate control.
Property Size4,873 SF
Price / SF$256.52
Days on Market125
Property Features for 9881 Ocean Hwy
General Information
- Standard status
- Active
- Size
- 4,873 SF
Listing agency
Tradd Commercial
(803) 316-5040
Listed by
Adam Hall · License ##134696
(803) 316-5040
Source
Exprealty
Added: Mar 19 Updated: Jul 21 at 2:15AM Checked: Jul 21 at 2:15AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Tradd Commercial
Investment Insights
Based on property information with market context.
9881 Ocean Highway is a 4,873-square-foot retail/flex building that combines approximately 3,000 square feet of retail and office space with 2,000 square feet of flex space currently operated as a firearms retailer and shooting range. The building is configured with a 1,000-square-foot showroom, three offices, a conference room, storage closet, ADA-compliant bathrooms, and an additional full bathroom and full kitchen.
The gun range is a fortified structure within the building and includes its own climate control system. This flex space can be retrofitted to accommodate multiple users, while the overall design supports both office and retail use.
The property offers 66 feet of frontage on Highway 17 and prominent monument signage. It is located in Georgetown County under General Commercial zoning, which allows a broad range of commercial uses.
The gun range is a fortified structure within the building and includes its own climate control system. This flex space can be retrofitted to accommodate multiple users, while the overall design supports both office and retail use.
The property offers 66 feet of frontage on Highway 17 and prominent monument signage. It is located in Georgetown County under General Commercial zoning, which allows a broad range of commercial uses.
Key Highlights
- 4,873 SF retail/flex building in Pawleys Island, SC, currently operating as a firearms retailer and shooting range
- Approximately 3,000 SF includes retail and office space: 1,000 SF showroom, three offices, conference room, and storage
- Includes ADA‑compliant bathrooms plus a full bathroom and full kitchen
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $117.0k | $24.00 |
| − Vacancy | −$25.7k | −$5.28 |
| EGI | $91.2k | $18.72 |
| − OpEx | −$22.8k | −$4.68 |
| NOI | $68.4k | $14.04 |
4,873 SF · lease $24.00/SF/yr · vacancy 22.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$977.4K
$855.2K – $1.14M
NOI $68,417 @ 7.0% cap · market cap 5.47%
Second Best
Retail
$833.3K
$729.1K – $972.2K
NOI $58,330 @ 7.0% cap · market cap 4.67%
Theoretical Best
Office A
$1.34M
$1.17M – $1.56M
NOI $93,562 @ 7.0% cap · market cap 7.48%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
Similar Off Market Nearby
- Debra G's Catering — 13089, 113 Willbrook Blvd A, Pawleys Island, SC 29585
FAQs
What type of property is this?
Flex space - Retail, office, and fortified flex gun range space with ADA-compliant bathrooms and dedicated climate control.
Where is this flex space located?
The property is located at 9881 Ocean Hwy Pawleys Island, SC.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: 4,873 SF retail/flex building in Pawleys Island, SC, currently operating as a firearms retailer and shooting range; Approximately 3,000 SF includes retail and office space: 1,000 SF showroom, three offices, conference room, and storage; Includes ADA‑compliant bathrooms plus a full bathroom and full kitchen
