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Financial
Distress signals
Property profile

10378 Ocean Hwy Pawleys Island, SC 29585

FOR LEASE
Drive through restaurants
Property ID
US77-2178272
2,501 SF 1 ac lot Built 2009
Last sale Aug 2014
Trust Owned Owner of record is a trust. 12-yr Hold Held for 12 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

A free-standing restaurant building with a drive-through is situated on approximately one acre in Pawley’s Island, South Carolina, with approximately 100 feet of road frontage on Highway 17. The site is located three lots south of the signalized intersection of Highway 17 and North Causeway Road. The property’s setting provides access to nearby amenities including Pawley’s Island Hammock Shops Village, True Blue Golf Club, Pawleys Plantation Golf & Country Club, and nearby Pawleys Island beaches.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$11k
Tax billed · 2023
Assessed value$45k
Assessed land$23k
Assessed improvement$22k
Effective rate25.06%

Value estimate

· Oct 2026
$275k
$248k – $303k
AI approach$295k
NOI build-up
Gross scheduled income$43k
Vacancy & credit loss−$3k
Operating expenses−$10k
NOI · 544.89% cap applied$30k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$164/SF
County average, outlier-cleaned · 22 recorded sales of this use type
Observed band · Q1–Q3$64 – $264

Cap rate analysis

How does the asset earn?
544.89%
$30k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionGEORGETOWN

Location intelligence

Which uses thrive at this corner?
Best fit: Electrical Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Electrical Service9.2
Plumbing Service8.9
Parking Facility8.7

Location

10378 Ocean Hwy Pawleys Island, SC 29585
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
13272 Ocean, Pawleys Island, SC 29585-7098 $495,000 Feb 2025 2,535 SF
9243 Ocean, Pawleys Island, SC 29585-7417 $550,000 Aug 2023 5,315 SF
11241 Ocean, Pawleys Island, SC 29585-6612 $2,177,794 Nov 2021 5,315 SF
9185 Ocean, Pawleys Island, SC 29585-7486 $404,730 Mar 2021 3,960 SF
11359 Ocean, Pawleys Island, SC 29585-7185 $750,000 Feb 2021 4,319 SF
11022 Ocean, Pawleys Island, SC 29585-6515 $1,528,000 Aug 2020 4,380 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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