10225 Ocean Hwy, Pawleys Island, SC 29585-6507
- Community centers
- 132,961 SF
- 12.01 lot acres
Current Use by Public Records
- Community centers
Property Details for 10225 Ocean Hwy
- Year built
- 1988
- Construction
- WOOD
- Lot size
- 12.01 lot acres
- Property type
- Community centers
- Property subtype
- Shopping centers
- APN
- 04-0161-008-00-00
- APU
- 401610080000
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Oct 12, 2021 | $26,250,000 | Brixmor Pawleys Island Plaza LLC | Pawleys Plaza LLC | Limited Warranty Deed | — |
| Oct 24, 2016 | — | Pawleys Plaza LLC | — | Trustees Deed · related | $1.8M · Bank Of Nc |
| Sep 30, 2015 | $16,500,000 | Pawleys Plaza LLC | Sbv Pip LLC | Grant Deed | — |
| Sep 30, 2015 | — | Pawleys Plaza LLC | Sbv Pip LLC | Quit Claim Deed · related | $11.3M · Bank Of Nc |
| Jul 15, 2014 | — | Sbv Pip LLC | — | Trustees Deed · related | $12.8M · Td Bk NA |
| Oct 4, 2013 | — | Jessie S Mcclary III | Sbv Pip LLC | Quit Claim Deed · related | — |
| Dec 27, 2005 | — | Plaza Venture Properties INC | Stikas,emanuel & Beverley A | Grant Deed | $5M · Bank Of America |
| Nov 14, 2005 | $2,466,666 | Neptune Properties LLC | Delta Center LLC | Grant Deed | — |
| Nov 14, 2005 | $4,933,333 | Emanuel Stikas | Delta Center LLC | Grant Deed | — |
Description
This exceptional retail opportunity is located within Pawleys Island Plaza, a thriving neighborhood shopping center in the desirable Pawleys Island submarket of Georgetown County, South Carolina. The property boasts a highly visible location at the signalized intersection of US Highway 17 (Ocean Highway) and Petrigru Drive, offering multiple points of ingress/egress and ample parking for customer convenience. Currently, two retail spaces are available, ranging from 1,289 to 1,500 square feet. The center is anchored by a Publix supermarket and is complemented by a strong lineup of national retailers including T.J. Maxx, Petco, Rack Room Shoes, Jersey Mike's, and Smoothie King. An Ulta Beauty is also slated to open soon, further enhancing the center's appeal. This location benefits from its proximity to an affluent residential population, with average household incomes exceeding $100,000 within a three-mile radius. Pawleys Island's status as a popular vacation destination, attracting over one million visitors annually, presents a significant opportunity for increased foot traffic and sales. The property offers excellent visibility and accessibility, making it an ideal location for a variety of retail businesses. The address is 10225 Ocean Hwy, Pawleys Island, SC 29585.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $26,000,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $26,565,000
- 6.5%
- $24,520,000
- 7%
- $22,770,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Pawleys Island
- County
- Georgetown
- State
- South Carolina
- Longitude
- -79.1319
- Latitude
- 33.438
- CBSA code
- 23860
- CBSA name
- GEORGETOWN, SC MICROPOLITAN STATISTICAL AREA
