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Property profile & analytics
FOR LEASE
Banks

1011 Bay St Beaufort, SC 29902

18,232 SF 1.03 ac lot Built 1976
Entity Owned 12-yr Hold Absentee Owner Free & Clear
Property ID
US77-0366761
Property summary
AI-generated overview

This exceptional commercial suite, located at 1011 Bay Street Unit 107 in Beaufort, South Carolina, presents a rare opportunity for businesses seeking a prominent location. Boasting a prime position directly on Bay Street, this first-floor suite offers excellent visibility and accessibility. The property sits on a generous 1.25-acre lot, providing ample parking for customers and employees. The suite itself is ready for immediate occupancy. Utilities are included in the rental price, providing a streamlined and predictable operating budget. Water, sewer, and electricity are all covered, along with common area maintenance (CAM) charges. This all-inclusive rental structure simplifies budgeting and allows businesses to focus on their core operations. Given its desirable location, generous parking, and convenient all-inclusive rental terms, this suite is expected to lease quickly. Interested parties are encouraged to inquire promptly for further details and to schedule a viewing. Don't miss this chance to establish your business in a thriving Beaufort location. The asking price is $775.

Property profile
Verified
Property type Banks
Use group FINANCIAL BUILDING
Year built 1976
Total area 18,232 SF
Lot 1.03 ac (44,867 SF)
Zoning code 6611
APN R120 004 000 0848 0000
UPID US77-0366761
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • 29E6, LLC Structural Engineer
  • Howell Builders, LLC Construction Company General Contractor
  • Structural Innovations LLC Structural Engineer
  • Eclipse Innovation + Development General Contractor
  • Londono Engineering Engineering Consultant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Saul LLC · 12 yrs held
Saul LLC
since 2013
3 recorded transactions
2013
$1.2M
2008
$950,000
2004
$1.9M
Zoning & alternative use
6611 · Beaufort, SC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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