Financial
Distress signals
Property profile

11359 Ocean Hwy Pawleys Island, SC 29585

FOR SALE
Turn key restaurants
Property ID
US77-1225425
4,319 SF 1 ac lot Built 1999
Last sale Feb 2021 · $750,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional 4,075-square-foot restaurant and retail building, situated on approximately one acre in Pawleys Island, South Carolina, presents a compelling investment opportunity. Built in 1999, this Class C property boasts a 100% occupancy rate with a national franchisee tenant under a NNN lease. The building features a state-of-the-art kitchen, a drive-thru, and an additional 2,000 square feet of patio space. Strategically located on Highway 17, between Sonic and the former BB&T Bank…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$11k
Tax billed · 2023
Assessed value$44k
Assessed land$24k
Assessed improvement$20k
Effective rate24.60%

Value estimate

· Sep 2026
$745k
$671k – $820k
AI approach$870k
Submarket $/SF estimate$825k
NOI build-up
Gross scheduled income$69k
Vacancy & credit loss−$4k
Operating expenses−$16k
NOI · 2.71% cap applied$49k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$164/SF
County average, outlier-cleaned · 22 recorded sales of this use type
Observed band · Q1–Q3$64 – $264
Qualifying comparables3

Cap rate analysis

How does the asset earn?
2.71%
$49k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionGEORGETOWN

Location intelligence

Which uses thrive at this corner?
Best fit: Auto Parts Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Parts Store10.4
Auto Repair Shop9.7
Convenience Store9.2

Location

11359 Ocean Hwy Pawleys Island, SC 29585
County assessor Recorded deeds · 2 transfers 3 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
13272 Ocean, Pawleys Island, SC 29585-7098 $495,000 Feb 2025 2,535 SF
9243 Ocean, Pawleys Island, SC 29585-7417 $550,000 Aug 2023 5,315 SF
11241 Ocean, Pawleys Island, SC 29585-6612 $2,177,794 Nov 2021 5,315 SF
9185 Ocean, Pawleys Island, SC 29585-7486 $404,730 Mar 2021 3,960 SF
49 Blackgum, Pawleys Island, SC 29585-8069 $1,640,000 Feb 2021 7,857 SF
11022 Ocean, Pawleys Island, SC 29585-6515 $1,528,000 Aug 2020 4,380 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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