10135 Ocean Hwy, Pawleys Island, SC 29585
- Commercial real estate
- 7,000 SF
- 1.00 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 10135 Ocean Hwy
- Year built
- 2004
- Construction
- WOOD
- Lot size
- 1.00 lot acres
- Property type
- Commercial real estate
- APN
- 04-0161-015-00-00
- APU
- 401610150000
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Feb 5, 2025 | — | Mb Beverages LLC | Mbs Reddy Holdings LLC | Deed | $1M · Csra Local Development Corporation A Non |
| Sep 23, 2024 | $1,650,000 | Mbs Reddy Holdings LLC | Lwb Real Estate LLC | Warranty Deed | $2.7M · Citizens Bank NA |
| Sep 23, 2024 | — | Mbs Reddy Holdings LLC | — | Deed · related | $1M · Citizens Bank NA |
| Apr 12, 2019 | — | Earl J Brandt | Brandt Management LLC | Quit Claim Deed | $1.6M · United Community Bank |
| Jan 23, 2013 | $1,100,000 | Brandt Management LLC | Brown-phillips LLC | Warranty Deed | — |
| Jan 23, 2013 | — | Brandt Management LLC | B B P Beverage INC | Quit Claim Deed · related | — |
| Aug 12, 2003 | $600,000 | Brown Phillips LLC | — | Grant Deed · related | — |
| Jan 2, 2002 | $360,000 | Thomas A Gregg JR. | — | Grant Deed · related | — |
| Jan 2, 2002 | $440,000 | Thomas A Gregg JR. | — | Grant Deed · related | — |
Description
This exceptional retail pad site presents a unique investment opportunity in the thriving commercial corridor of Pawleys Island, South Carolina. Located at 10135 Ocean Hwy, this property offers unparalleled visibility and accessibility, situated directly on Highway 17 N, a major thoroughfare boasting high daily traffic counts. The site benefits from its strategic outparcel position adjacent to a newly constructed Aldi and in close proximity to an established Publix-anchored shopping center, ensuring significant foot traffic and brand synergy. This prime location is ideal for a variety of retail uses, capitalizing on the consistent growth experienced by Pawleys Island and its surrounding communities. The property's convenient access and high visibility make it an attractive proposition for businesses seeking to establish a strong presence in this desirable market. Utilities are readily available on-site, simplifying the development process and minimizing upfront costs. This is a rare chance to secure a highly visible and strategically located pad site in one of South Carolina's most sought-after coastal communities, offering exceptional potential for long-term growth and profitability. The zip code is 29585.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,180,000
- 6.5%
- $1,090,000
- 7%
- $1,015,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $605,000
Market price range: $228k - $818k -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $1,125,000 Current use
- RESTAURANT
- $1,145,000 Change: +2% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Pawleys Island
- County
- Georgetown
- State
- South Carolina
- Longitude
- -79.1328
- Latitude
- 33.4365
- CBSA code
- 23860
- CBSA name
- GEORGETOWN, SC MICROPOLITAN STATISTICAL AREA
