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Property profile & analytics
FOR SALE
Office buildings
11 Marina Side Dr A Hilton Head Island, SC 29928
Entity Owned
6-yr Hold
Free & Clear
Property ID
US77-0182620
For Sale
1 / 24
$1,230,000
11 Marina Side Dr,Unit A, Hilton Head Island, SC 29928
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2008
Total area
6,248 SF
Lot
1 ac (43,560 SF)
Zoning code
6605
APN
R520 012 000 0016 0000
UPID
US77-0182620
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
-
Hydrafacial Hilton Head Gym & Fitness Center Alternative Medicine Practice
-
Restore Hyper Wellness Spa & Massage Center Alternative Medicine Practice
-
Allen Kopet & Associates Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.41M
Comparable Approach
Comparable
$1.24M
Blend (final)
Blend
$1.23M
Owner & transaction history
Kinnaird Holdings LLC · 6 yrs held
Kinnaird Holdings LLC
since 2020
Last sale
$1.1M
2 recorded transactions
Zoning & alternative use
6605 · Hilton Head Island, SC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$1.0M
+6.3%
Apartment house (5+ units)
$1.0M
+5.5%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Hilton Head Island submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hilton Head Island submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$1,565,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,530,000
6.5%
$1,410,000
7%
$1,310,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$950,000
Current use
RETAIL STORES
$1,010,000
Change: +6% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$1,000,000
Change: +5% · Conversion: Easy
COMMERCIAL (GENERAL)
$940,000
Change: -1% · Conversion: Easy
WAREHOUSE, STORAGE
$855,000
Change: -10% · Conversion: Difficult
Blend value · Realmo final
$1.23M
Range $1.11M – $1.35M · ±10% · vs last sale $1.13M (May 12 2020)
Last sale anchor
$1.13M
May 12 2020
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$197 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$20,485
Tax year 2023
Assessed value
$77,830
Assessed 2023
Previous assessed
$67,680
+15.0% YoY
Effective rate
26.32%
On assessed value
Land market value
$600,000
Improvement market value
$1,127,400
Total market value
$1,727,400
Applied tax rate
520.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
For Sale
Year built
2008
Heating
NONE
Total area
6,248 SF
Lot
1 ac (43,560 SF)
Zoning code
6605
APN
R520 012 000 0016 0000
UPID
US77-0182620
Jurisdiction
BEAUFORT
Zoning & alternative use
6605 · Hilton Head Island, SC
Zoning 6605 · permitted uses
6605 · Hilton Head Island, SC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Hilton Head Island. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$950,000
RETAIL STORES
Est. value
$1.0M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.0M
COMMERCIAL (GENERAL)
Est. value
$940,000
WAREHOUSE, STORAGE
Est. value
$855,000
OFFICE BUILDING Current
RETAIL STORES
APARTMENT HOUSE (5+ UNITS)
COMMERCIAL (GENERAL)
WAREHOUSE, STORAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2008
Heating
NONE
Lot
1 ac
Current owner
From public records · entity-resolved
Kinnaird Holdings LLC
Entity
Free & Clear · 6 yrs held
Mailing address
31 OAK CT, HILTON HEAD ISLAND, SC 29928-3097
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 12, 2020
$1,128,000
Kinnaird Holdings LLC
Mid-island Associates LLC
Grant Deed
—
Feb 24, 2004
$295,000
Mid-island Associates LLC
Thomas,calhoun JR
Grant Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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