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Property profile & analytics
OFF-MARKET Estimated value $14,165,000
Super regional malls

10517 Ocean Hwy Pawleys Island, SC 29585-7920

5,984 SF 1 ac lot Built 1977
Entity Owned 3-yr Hold Absentee Owner Free & Clear
Property ID
US77-1173591
Property summary
AI-generated overview

This exceptional 982-square-foot retail space, located at 10517 Ocean Highway in Georgetown County, presents a fantastic opportunity for a single-tenant business. The property is a "warm vanilla shell," offering a blank canvas for customization. Its prime location boasts exceptional visibility and high traffic volume, benefiting from 38,500 vehicles passing daily according to 2023 SCDOT data. A traffic light at the intersection of Ocean Highway and North Causeway ensures easy access. The space is part of a thriving commercial area, sharing proximity with established businesses such as Pawleys Bakery, The UPS Store, and Pawleys Island Seafood. The property includes a convenient storage room and restroom. A tenant improvement allowance is available, and a minimum five-year lease is required. Please note that tobacco-related businesses are not permitted. This location offers unparalleled exposure and accessibility, making it ideal for a variety of retail ventures. The property is classified as Retail, Office, and Restaurant, but this listing specifically targets the traditional office subtype.

Property profile
Verified
Property type Super regional malls
Use group REGIONAL SHOPPING CENTER, MALL
Year built 1977
Total area 5,984 SF
Lot 1 ac (43,560 SF)
APN 04-0158-042-01-00
UPID US77-1173591
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$9.63M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$14.17M
Owner & transaction history
Aabc Downtown Pawleys Island LLC · 3 yrs held
Aabc Downtown Pawleys Island LLC
since 2023
Last sale
$14.6M
3 recorded transactions
2023
$14.6M
2023
Price N/A
2018
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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