199 Parris Is Gtwy Beaufort, SC 29906-4247

Property Details for 199 Parris Is Gtwy

Year built

2007

Lot size

1.53 lot acres

Property size

8,954 SF

Zone code

6611

Property type

Auto shops

APN

R122 029 000 0407 0000

APU

R12202900004070000

Description

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.

Location Insight

City

Beaufort

County

Beaufort

State

South Carolina

Longitude

-80.7265

Latitude

32.4272

CBSA code

25940

CBSA name

HILTON HEAD ISLAND-BEAUFORT, SC MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments