1010 Boundary St Beaufort, SC 29902
- Commercial real estate
Current Use by Public Records
- Commercial real estate
Property Details for 1010 Boundary St
- Zone code
- 6601
- Property type
- Commercial real estate
- APN
- R120 004 000 0071 0000
- APU
- R12000400000710000
Description
This exceptional 0.39-acre commercial land parcel presents a remarkable redevelopment opportunity in the heart of historic downtown Beaufort, South Carolina. Located at the highly visible intersection of Boundary and Charles Streets, this property boasts approximately 250 feet of combined frontage and benefits from an estimated daily traffic count exceeding 15,000 vehicles. The site comprises three parcels zoned T5-Urban Corridor, allowing for a diverse range of development options including multifamily, mixed-use, office, and retail uses. An additional access easement off a secondary road enhances accessibility and logistical flexibility. This prime location in Beaufort, recently recognized as "The South's Best Small Town" by Southern Living Magazine and one of South Carolina's fastest-growing areas, offers unparalleled potential for investors seeking a high-impact development project in a highly desirable and thriving community. The property's APN is R120 004 000 0071 0000. The asking price is $545,000.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $195,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $145,000
- 6.5%
- $155,000
- 7%
- $145,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $155,000
- Geo Method
- $140,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $130,000
- Retail
- $165,000
- Mixed-Use
- $130,000
- Hospitality
- $165,000
- Educational
- $125,000
- Residential Income
- $145,000
- Energy
- $150,000
- Income-Based Land
- $130,000
- Food Service
- $165,000
Location Insight
- Map
- Local Demand
- City
- Beaufort
- County
- Beaufort
- State
- South Carolina
- Longitude
- -80.6735
- Latitude
- 32.4393
- CBSA code
- 25940
- CBSA name
- HILTON HEAD ISLAND-BEAUFORT, SC MICROPOLITAN STATISTICAL AREA