Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    1101-C Ocean Blvd Isle of Palms, SC 29451

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1101-C Ocean Blvd Isle of Palms, SC 29451

    View on Map
    • Retail properties & Spaces
    • 2,480 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail properties & Spaces

    Property Details for 1101-C Ocean Blvd

    Property size
    2,480 SF
    Property type
    Retail properties & Spaces
    Property subtype
    Restaurants

    Description

    This thriving, full-service restaurant is located at 1101-C Ocean Blvd, Isle of Palms, SC 29451, offering a prime beachfront location. The 2,480 square foot space includes a 1,280 square foot interior and a 1,200 square foot patio, providing seating for 68 guests. The restaurant enjoys high popularity among both locals and tourists. This is a business sale including all fixtures, furniture, and equipment (FF&E). The current lease is a NNN lease with below-market rent, expiring April 30, 2029, and includes one five-year option. Detailed financial information is available upon request with a signed Non-Disclosure Agreement (NDA). Owner financing is available with a 50% down payment. The asking price is $799,000, representing a price per square foot of $322.18. This presents a unique opportunity to acquire a well-established and profitable beachfront restaurant in a highly desirable location.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Isle of Palms
    County
    Charleston
    State
    South Carolina
    Longitude
    -79.7885
    Latitude
    32.7857

    Comparable in this City

    • Value Estimation
      $1,315,000
      2,016 SF

      31 J C Long Blvd

      RESTAURANT • 2,016 SF
      31 J C Long Blvd, Isle Of Palms, SC 29451-2216
      View Details
    • Value Estimation
      $1,015,000
      1,416 SF

      1023 J C Long Blvd

      RESTAURANT • 1,416 SF
      1023 J C Long Blvd, Isle Of Palms, SC 29451
      View Details
    • Value Estimation
      $2,710,000
      4,198 SF

      1130 Ocean Blvd

      RESTAURANT • 4,198 SF
      1130 Ocean Blvd, Isle Of Palms, SC 29451-2281
      View Details
    • Value Estimation
      $1,115,000
      724 SF

      1122 Ocean Blvd

      RESTAURANT • 724 SF
      1122 Ocean Blvd, Isle Of Palms, SC 29451-2281
      View Details
    • Value Estimation
      $2,785,000
      5,844 SF

      1008 Ocean Blvd

      RESTAURANT • 5,844 SF
      1008 Ocean Blvd, Isle Of Palms, SC 29451-2223
      View Details
    • Value Estimation
      $2,995,000
      2,925 SF

      1120 Ocean Blvd

      RESTAURANT • 2,925 SF
      1120 Ocean Blvd, Isle Of Palms, SC 29451-2281
      View Details

    Similar Nearby for Sale

    • $54,000

      Dewees Island Coastal Sanctuary

      Two-acre waterfront land with marsh and Intracoastal Waterway views.
      318 Old House Ln, Dewees Island, SC 29451
      View Details
    • Contact for pricing
      1.07 Acres

      Dewees Island Homesite Opportunity

      One-acre homesite with marsh and Intracoastal Waterway views.
      266 Old House Ln, Dewees Island, SC 29451
      View Details
    • $2,200,000
      0.50 Acres

      Half-Acre Homesite, Isle of Palms

      Expansive homesite near beach, amenities, and Lowcountry setting.
      23 22Nd Ave, Isle of Palms, SC 29451
      View Details
    • $1,850,000
      1,504 SF

      Isle of Palms Triplex Bungalow

      Triplex near beach, restaurants, and intracoastal waterway.
      1 12Th Ave, Isle of Palms, SC 29451
      View Details
    • $125,000

      Isle of Palms Marina Slip

      Marina slip with quick access to waterways and dedicated utilities.
      101 Palm Blvd, Isle of Palms, SC 29451
      View Details
    • $1,825,000
      0.32 Acres

      Isle of Palms Buildable Lot

      Buildable lot with plans for a 5-bedroom home.
      22 21St Ave, Isle of Palms, SC 29451
      View Details
    Request Owner's contact information
    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.
    1101-C Ocean Blvd
    Isle of Palms, SC 29451
    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
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!