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Property profile

546 Parris Island Gtwy Beaufort, SC 29906

OFF-MARKET
Retail properties & Spaces
1.2 ac lot
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Property summary

AI-generated overview

This exceptional 1.2-acre commercial land parcel, located at 546 Parris Island in Beaufort, South Carolina, presents a compelling investment opportunity. Zoned for commercial use, this property boasts over 170 feet of highway frontage, providing excellent visibility and accessibility. Situated adjacent to a Dollar General store, this location benefits from established retail presence and high traffic volume. The property features water and sewer availability on-site, simplifying development plans. The asking price is $400,000, translating to approximately $379,166.67 per acre. The lot size is 1.2 acres (52,272 square feet), with lot dimensions detailed in the provided documents (APN: R112 031 000 0177 0000). While the current use is raw land, the property's zoning permits a range of commercial developments, including retail and multi-family projects. Further expansion potential exists, with the possibility of acquiring up to an additional 10.8 acres of adjacent land. Utilities (water, sewer, gas) require verification. This property is bank-owned and is being offered for sale. The property is not waterfront. Handicap accessibility is not applicable to this raw land parcel.

Property profile

Verified
Property type Retail properties & Spaces
Lot 1.2 ac (52,272 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

546 Parris Island Gtwy Beaufort, SC 29906
Beaufort metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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