Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    200 Central Ave Hilton Head Island, SC 29926-1750

    • Office buildings
    • 4,121 SF
    • 1.30 lot acres
    OFF-MARKET
    Value Estimations
    $970,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US77-0898392
    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.

    Current Use by Public Records

    • Prince Law Firm, P. C. / Law Firm
    • DC Hourscom / Training Center
    • Restaurants On The Market.com / Marketing & Advertising
    • Hilton Head Security Systems, Inc / Security Service
    • Venice Lash Lounge + Academy / Hair Salon

    Property Details for 200 Central Ave

    Year built
    1953
    Lot size
    1.30 lot acres
    Property size
    4,121 SF
    Zone code
    6615
    Property type
    Office buildings
    APN
    R510 007 00B 0009 0000
    APU
    R51000700B00090000

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $968,000
      Market price range: $446k - $968k
      AI Estimate
      $968,000
      Market price range: $446k - $968k

    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $730,000
      Current use
      AUTO REPAIR, GARAGE
      $1,410,000
      Change: +92% Conversion: Difficult
      RETAIL STORES
      $665,000
      Change: -9% Conversion: Moderate
      COMMERCIAL (GENERAL)
      $620,000
      Change: -16% Conversion: Easy

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Hilton Head Island
    County
    Beaufort
    State
    South Carolina
    Longitude
    -80.7254
    Latitude
    32.213
    CBSA code
    25940
    CBSA name
    HILTON HEAD ISLAND-BEAUFORT, 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
    $22,527
    $0.00
    $0.00
    $85,120
    -
    $1,183,000
    $681,800
    $1,864,800

    Comparable in this City

    • Value Estimation by Request
      662 SF

      55 Harbour E Psge

      OFFICE BUILDING • 662 SF
      55 Harbour E Psge, Hilton Head Island, SC 29926-1263
      View Details
    • Value Estimation by Request
      1,500 SF

      Hilton Head Island, SC 29926

      OFFICE BUILDING • 1,500 SF
      Hilton Head Island, SC 29926
      View Details
    • Value Estimation by Request
      3,600 SF

      Hilton Head Island, SC 29926

      OFFICE BUILDING • 3,600 SF
      Hilton Head Island, SC 29926
      View Details
    • Value Estimation by Request
      1,200 SF

      Hilton Head Island, SC 29926

      OFFICE BUILDING • 1,200 SF
      Hilton Head Island, SC 29926
      View Details
    • Value Estimation by Request
      1,500 SF

      1 Mathews Dr Ste, Unit 108

      OFFICE BUILDING • 1,500 SF
      1 Mathews Dr Ste, Hilton Head Island, SC 29926-3765
      View Details
    • Value Estimation by Request
      1,672 SF

      12 Capital Dr

      OFFICE BUILDING • 1,672 SF
      12 Capital Dr, Hilton Head Island, SC 29926-2340
      View Details

    Similar Nearby for Sale

    • $3,600,000

      Bank Building on Hilton Head

      8,413 SF bank building on 2.5 acres for sale.
      2 Lafayette Pl, Hilton Head Island, SC 29926
      View Details
    • $2,200,000

      Two-Story Office Building on Hilton Head

      9,600 SF office building in prime Hilton Head location.
      5 Dunmore Ct, Hilton Head Island, SC 29926
      View Details
    • $2,450,000

      Renovated Industrial Property, Fenced Yard

      Updated 5,000 SF building with fenced yard on 1.03 acres.
      70 Capital Dr, Hilton Head Island, SC 29926
      View Details
    • Contact for pricing

      Hilton Head Commercial Space

      1,500 sq ft commercial space for retail, office, storage.
      46 Old Wild Horse Rd, Hilton Head Island, SC 29926
      View Details
    • Contact for pricing

      Class A Office Space

      First floor office space in Hilton Head Island, South Carolina.
      8 Lafayette Pl, Hilton Head Island, SC 29926
      View Details
    • Contact for pricing

      Class A Office Space Available

      First floor office space in Hilton Head Island, South Carolina.
      8 Lafayette Pl, Hilton Head Island, SC 29926
      View Details

    Similar Nearby for Lease

    • $18 SF/Yr
      Pending

      Remodeled Warehouse/Office Space Available

      Recently remodeled, RM-4 zoned, 1,340 sq ft warehouse/office space.
      229 Gumtree Rd, Hilton Head Island, SC 29926
      View Details
    • $3,000 /Mo

      Office Space in Business Park

      Office space with high-end finishes in a business park.
      386 Spanish Wells Rd, Hilton Head Island, SC 29926
      View Details
    • Contact for pricing
      5,010 SF

      Hilton Head Medical Office Suites

      Prime Medical Space Available, Hilton Head Island
      25 Hospital Center Blvd, Hilton Head Island, SC 29926
      View Details
    • $22 SF/Yr
      4,299 SF

      Hilton Head Medical Office Suites

      Prime Medical Space, North End Lease
      100 Exchange St, Hilton Head Island, SC 29926
      View Details
    • $22 SF/Yr

      Medical Building on Hilton Head

      Stand-alone medical building for lease on Hilton Head Island.
      4101 Main St, Hilton Head Island, SC 29926
      View Details
    • $22 SF/Yr

      North End Office Spaces

      North end office spaces for lease in Hilton Head.
      100 Exchange St, Hilton Head Island, SC 29926
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    200 Central Ave
    Hilton Head Island, SC 29926-1750
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!