11359 Ocean Hwy Pawleys Island, SC 29585
Property profile & analytics
11359 Ocean Hwy Pawleys Island, SC 29585
- Turn key restaurants
- 4,319 SF
- 1.00 lot acres
Property ID
US77-1225425
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Turn key restaurants
Property Details for 11359 Ocean Hwy
- Year built
- 1999
- Lot size
- 1.00 lot acres
- Property size
- 4,319 SF
- Property type
- Turn key restaurants
- APN
- 04-0153-001-01-14
- APU
- 401530010114
Description
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 (now Truist), this property enjoys high visibility and proximity to other established businesses like Chico's, Best Western, and The Fresh Market. The property's address is 11359 Ocean Hwy, Pawleys Island, SC 29585, and is zoned for general commercial use. Access is convenient from Highway 17, as well as Hinnant Street, with connections to Tiller Drive, Commerce Drive, and Library Lane. The asking price is $2,400,000, translating to $588.96 per square foot. The property includes the building, land, and signage. This sale is a sale/leaseback opportunity, suitable for 1031 exchange investors. The property's Tax Map/Parcel Number is TMS/PIN# 04-0153-001-01-14. This is a single-tenant building with a franchisee tenant.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $745,000
- ML approach
- $870,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $825,000
Market price range: $276k - $1.14M -
Alternative Use
- Use
- Estimation
- RESTAURANT
- $705,000 Current use
- COMMERCIAL (GENERAL)
- $695,000 Change: -2% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Pawleys Island
- County
- Georgetown
- State
- South Carolina
- Longitude
- -79.1209
- Latitude
- 33.4486
- CBSA code
- 23860
- CBSA name
- GEORGETOWN, SC MICROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$10,784
$24,000
$19,840
$43,840
-
$400,000
$330,700
$730,700
