Property profile

1 Merchants Ln Beaufort, SC 29907

FOR LEASE
Retail space
Property ID
US77-0682691
3,776 SF 0.13 ac lot Built 2002
Entity Owned 3-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This second-floor office suite provides approximately 650 square feet of commercial space in the Newpoint Corner building at 1 Merchants Lane, Suite 205, Lady’s Island, SC 29907, on a parcel identified as 0.01 acres. The space includes renovations that feature new flooring and fresh paint in some areas. It has access to a shared restroom and is configured for a variety of business uses. The location is positioned along Sam’s Point Road with signage exposure and is surrounded by a mix of nearby businesses.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2002
Total area 3,776 SF
Lot 0.13 ac (5,663 SF)
Zoning code 6612
APN R200 015 00A 0191 0000
UPID US77-0682691

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Restaurant
  • Real Estate Agency
  • (Bike/Boat/Book/etc) Store Corporate Office
  • Insurance Agency
  • Financial Advisor

Location

1 Merchants Ln Beaufort, SC 29907
Beaufort metro Census 902 HILTON HEAD ISLAND-BEAUFORT, SC MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$915k
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.25M

Owner & transaction history

since 2023
Last sale
$1.3M
2 recorded transactions
2023
$1.3M
2006
$950,000

Zoning & alternative use

6612 · Beaufort, SC
Top alternative use upside
Auto repair, garage $1.3M +103.8%
Office building $940,000 +48.4%

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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More about this property
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