Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    10080 Ocean Hwy Pawleys Island, SC 29585-5898
    Back to Search

    Meet Realmo: The Largest Hub of Commercial Real Estate in the US

    Over 1 million active listings and over 150 million property profiles

    Property profile & analytics

    10080 Ocean Hwy Pawleys Island, SC 29585-5898

    View on Map
    • Commercial real estate
    • 7,808 SF
    • 1.00 lot acres
    Off-Market
    Property ID
    US77-2185488
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $705,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 10080 Ocean Hwy

    Year built
    1980
    Construction
    WOOD
    Lot size
    1.00 lot acres
    Property size
    7,808 SF
    Property type
    Commercial real estate
    APN
    04-0161-039-00-00
    APU
    401610390000

    Description

    This exceptional 1,301-square-foot commercial property, located at 10080 Ocean Highway 10-A in Pawleys Island, South Carolina, presents a rare opportunity for businesses seeking a prominent presence in this desirable coastal community. The property is zoned for both retail and office use, offering flexibility for a variety of commercial ventures. The single-tenant space features a well-designed layout including four private offices, a spacious reception area, ample storage, and a restroom. Its convenient location on Highway 17 North ensures high visibility and easy access for clients and employees. The property boasts excellent signage opportunities, further enhancing its marketing potential. This building is situated in Georgetown County, South Carolina, with the address officially registered as 10080 Ocean Hwy, Pawleys Island, SC 29585 (APN: 04-0161-039-00-00). The property's strategic location and functional design make it an ideal choice for businesses seeking a thriving and visible location in Pawleys Island. Opportunities like this are seldom available in this sought-after area. Don't miss the chance to secure this exceptional commercial space.

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $928,000
      Market price range: $913k - $2.06M

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Pawleys Island
    County
    Georgetown
    State
    South Carolina
    Longitude
    -79.133
    Latitude
    33.4353
    CBSA code
    23860
    CBSA name
    GEORGETOWN, SC MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $9,379
    $19,500
    $17,750
    $37,250
    -
    $325,000
    $295,800
    $620,800

    Comparable in this City

    • Value Estimation by Request
      0.52 Acres

      Tbd Wall St

      Land • 0.52 Acres
      0 Tbd Wall St, Pawleys Island, SC 29585
      View Details
    • Value Estimation by Request
      1.00 Acre

      14323 Ocean Hwy, Unit 4121

      COMMERCIAL (GENERAL) • 1.00 Acre
      14323 Ocean Hwy, Pawleys Island, SC 29585-4817
      View Details
    • Value Estimation
      $1,025,000
      8,852 SF

      11115 Ocean Hwy

      COMMERCIAL (GENERAL) • 8,852 SF
      11115 Ocean Hwy, Pawleys Island, SC 29585-6513
      View Details
    • Value Estimation
      $925,000
      6,142 SF

      13089 Ocean Hwy

      COMMERCIAL (GENERAL) • 6,142 SF
      13089 Ocean Hwy, Pawleys Island, SC 29585-7140
      View Details
    • Value Estimation by Request
      5.98 Acres

      Lndg Rd

      COMMERCIAL (GENERAL) • 5.98 Acres
      Lndg Rd, Pawleys Island, SC 29585
      View Details
    • Value Estimation
      $1,010,000
      12,470 SF

      60 Archer Rd

      COMMERCIAL (GENERAL) • 12,470 SF
      60 Archer Rd, Pawleys Island, SC 29585
      View Details

    Similar Nearby for Sale

    • $1,300,000
      0.19 Acres

      Ocean View Homesite on Pawleys

      Rare homesite with private beach access on Pawleys Island.
      218-A Atlantic Ave, Pawleys Island, SC 29585
      View Details
    • $799,000
      1.10 Acres

      Pawleys Island Commercial Lot For Sale

      Commercial lot on US Highway 17 in Pawleys Island, SC.
      59 Overland Hwy 17 S, Pawleys Island, SC 29585
      View Details
    • $599,000

      Land For Sale Pawleys Island

      Land available for sale in Pawleys Island, South Carolina.
      Ocean Hwy, Pawleys Island, SC 29585
      View Details
    • $240,000
      1.98 Acres

      Pawleys Island Multi-Family Lot

      1.98 acre multi-family lot near Pawleys Island.
      135 Ben Horry Trl, Pawleys Island, SC 29585
      View Details
    • Contact for pricing
      800 SF

      Oceanfront Condo in Litchfield

      Two-bedroom condo with ocean views and resort-style amenities.
      601 Retreat Beach Cir, Pawleys Island, SC 29585
      View Details
    • $420,000
      0.49 Acres

      Residential Lot in Pawleys Island

      Homesite for coastal retreat near beach, golf, and dining.
      63 Preservation Cir, Pawleys Island, SC 29585
      View Details

    Similar Nearby for Lease

    • $14 SF/Yr
      10,890 SF

      Pawleys Island Multi-Use Commercial Space

      Versatile Office, Flex & Warehouse Units
      354 Tiller Dr, Pawleys Island, SC 29585
      View Details
    • $1,950 /Mo

      Office and Flex Warehouse Space

      Office and flex warehouse spaces available for lease.
      354 Tiller Dr, Pawleys Island, SC 29585
      View Details
    • $6,082 /Mo
      2,500 SF

      New Retail and Office Spaces

      New retail and office spaces available in Pawleys Island, SC.
      9601 Ocean Hwy, Pawleys Island, SC 29585
      View Details
    • $2,870 /Mo
      1,722 SF

      Charming Retail Space in Pawleys

      1,722 SF retail space in picturesque Pawleys Island shopping destination.
      10659 Ocean Hwy, Pawleys Island, SC 29585
      View Details
    • $3,329 /Mo
      1,598 SF

      Prime Retail/Office Space Available

      Highly desirable Pawleys Island mixed-use location. Adaptable space.
      71 Dagullah Way, Pawleys Island, SC 29585
      View Details
    • $1,750 /Mo
      500 SF

      Pawleys Island Flex Space Available

      Flex space with office and warehouse areas for lease.
      1102 - B Martin Luther King Rd, Pawleys Island, SC 29585
      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.
    10080 Ocean Hwy
    Pawleys Island, SC 29585-5898
    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

    Thank You for Inquiry
    10080 Ocean Hwy, Pawleys Island, SC, 29585
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!