$1,800,000 4,319 SF

11359 Ocean Hwy, Pawleys Island, SC 29585
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This exceptional 4,075-square-foot restaurant and retail building, situated on approximately one acre in Pawleys Island, South Carolina, presents a compelling investment opportunity. Built in 1999, this Class C property boasts a 100% occupancy rate with a national franchisee tenant under a NNN lease. The building features a state-of-the-art kitchen, a drive-thru, and an additional 2,000 square feet of patio space. Strategically located on Highway 17, between Sonic and the former BB&T Bank…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?

$11k

Tax billed · 2023

Assessed value$44k

Assessed land$24k

Assessed improvement$20k

Effective rate24.60%

Value estimate

· Oct 2026

$745k

$671k – $820k

AI approach$870k

Submarket $/SF estimate$825k

NOI build-up

Gross scheduled income$69k

Vacancy & credit loss−$4k

Operating expenses−$16k

NOI · 2.71% cap applied$49k

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?

2.71%

$49k estimated NOI · market benchmarks for this use type

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

Zoning insight

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: Auto Parts Store

Demand heat for this use is drawn on the map · LocInt grid

Demand index

Auto Parts Store10.4

Auto Repair Shop9.7

Convenience Store9.2

11359 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 · 15 properties nearby

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

49 Blackgum, Pawleys Island, SC 29585-8069 $1,640,000 Feb 2021 7,857 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

Value Estimation
$1,730,000

4,380 SF

11022 Ocean Hwy

FINANCIAL BUILDING

11022 Ocean Hwy, Pawleys Island, SC 29585-6515

View Details
Value Estimation
$220,000

4,165 SF

11387 Ocean Hwy

FINANCIAL BUILDING

11387 Ocean Hwy, Pawleys Island, SC 29585

View Details
Value Estimation
$325,000

4,591 SF

8151 Ocean Hwy

RESTAURANT

8151 Ocean Hwy, Pawleys Island, SC 29585

View Details
Value Estimation
$385,000

4,056 SF

10337 Ocean Hwy

RESTAURANT

10337 Ocean Hwy, Pawleys Island, SC 29585-6520

View Details
Value Estimation
$250,000

3,795 SF

13046 Ocean Hwy

RESTAURANT

13046 Ocean Hwy, Pawleys Island, SC 29585

View Details
Value Estimation
$235,000

5,000 SF

13302 Ocean Hwy

RESTAURANT

13302 Ocean Hwy, Pawleys Island, SC 29585-7099

View Details

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