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Property profile & analytics
OFF-MARKET
Banks

2 Lafayette Pl Hilton Head Island, SC 29926-2209

8,613 SF 2.5 ac lot Built 1999
Entity Owned 13-yr Hold ~ Est. High Equity
Property ID
US77-3000259
Property summary
AI-generated overview

This exceptional Class A office building, totaling 8,413 square feet, sits on a 2.5-acre lot in the highly desirable Hilton Head Island market. Previously a Regions Bank branch, the property boasts a wealth of features ideal for a variety of professional uses, including banking or medical/professional offices. The single-story building, constructed in 1994, offers multiple suites, with a minimum divisible space of 2,400 square feet and a maximum contiguous space of 8,412 square feet. Ample parking is provided with 51 spaces. The building's convenient location at the signalized intersection of William Hilton Parkway and Indigo Run Drive ensures high visibility and accessibility, benefiting from traffic counts exceeding 35,000 vehicles per day. The property includes four drive-thru lanes and an ATM, adding to its versatility and potential. Zoned commercial, this Beaufort County property (APN: R510 008 000 0409 0000) is served by Palmetto Electric. The address is 2 Lafayette Pl, Hilton Head Island, SC 29926. This is a rare opportunity to acquire a well-maintained, strategically located commercial property in a thriving coastal community.

Property profile
Verified
Property type Banks
Use group FINANCIAL BUILDING
Year built 1999
Total area 8,613 SF
Lot 2.5 ac (108,900 SF)
Zoning code 6615
APN R510 008 000 0409 0000
UPID US77-3000259
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
  • World Design Marketing Marketing & Advertising Advertising Agency
  • Regions Bank Bank Loan Service
  • Regions Mortgage Loan Service Bank
  • ATM (Regions Bank) Atm
  • Western Union Bank Credit Union
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Indigo Run Owner LLC · 13 yrs held
Indigo Run Owner LLC
since 2013
2 recorded transactions
2021
Price N/A
2013
$4.1M
Zoning & alternative use
6615 · Hilton Head Island, SC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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