Property summary
This exceptional Class A, 9,009-square-foot auto repair facility is available for sale at $1,850,000. Located at 199 Parris Island Gateway, Beaufort, SC 29906, this vacant, single-tenant property presents a turnkey opportunity for an owner-user or corporate tenant. Built in 2007, the building sits on a 1.53-acre lot and boasts a pro-forma cap rate of 8.77% and a pro-forma NOI of $162,162. The property benefits from its strategic location within the Hilton Head MSA, a thriving area with over 80,000 residents within a 10-mile radius and a robust tourism sector. Its proximity to major thoroughfares like Robert Smalls Parkway (20,800 VPD) and Parris Island Gateway (17,000 VPD) ensures high visibility and accessibility. Furthermore, the area is experiencing significant new development, including the $60 million Beaufort Station Shopping Center (featuring Aldi, PetSmart, Ross, and more) and the 4000 Margaret Apartments (300+ Class A units). The location's proximity to a high-performing Walmart Supercenter, which recorded 1.95 million customer visits in 2022-2023, further underscores its strong retail environment. The property is zoned T5 UC-RMX. This presents a rare opportunity to acquire a well-located, high-performing asset in a rapidly growing market.
Property profile
VerifiedCap rate & NOI
Current use
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(Bike/Boat/Book/etc) Store Auto Parts Store
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
6611 · Beaufort, SCZoning
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Zoning designation
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The district profile from the municipal source: what is on file for 6611 in Beaufort, SC.
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