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Property profile & analytics
OFF-MARKET
Estimated value
$1,135,000
Office buildings
201 Merchant St Hilton Head Island, SC 29926-1632
Individually Owned
1-yr Hold
~
Est. High Equity
Property ID
US77-0623875
Property summary
AI-generated overview
This exceptional Class A medical office building, located at 201 Merchant Street on Hilton Head Island, presents a unique opportunity. The 3,500 square foot single-tenant space is situated on a 0.72-acre lot and boasts a highly desirable Northend location, steps from William Hilton Parkway and the heart of the Main Street area. The building's interior features nine individual offices, providing ample space for a variety of medical practices or high-end professional services. Additional amenities include multiple conference rooms, a fully equipped kitchen and breakroom, a formal waiting area complete with a fireplace, and three bathrooms. Ample parking is available for staff and clients. The property is zoned Community Mixed, offering flexibility for potential future uses. The building's address is 201 Merchant St, Beaufort County, and its APN is R510-007-00B-0007-0000. Currently, the entire 3,500 square feet is vacant, making it ideal for an immediate move-in. This is a rare opportunity to acquire a premier medical office building in a prime Hilton Head location.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1999
Total area
2,935 SF
Lot
0.72 ac (31,363 SF)
Zoning code
6615
APN
R510 007 00B 0007 0000
UPID
US77-0623875
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
-
Nationwide Insurance: Jeff Ware Insurance Agency, LLC Insurance Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.14M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$690k
Blend (final)
Blend
$1.14M
Owner & transaction history
Pregnancy Center And Clinic Of The · 1 yrs held
Pregnancy Center And Clinic Of The
since 2024
Last sale
$1.1M
3 recorded transactions
Zoning & alternative use
6615 · Hilton Head Island, SC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.0M
+92.3%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Hilton Head Island submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hilton Head Island submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$1,135,000
ML approach
$1,135,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$1,000,000
Change: +92% · Conversion: Difficult
Blend value · Realmo final
$1.14M
Range $1.02M – $1.25M · ±10% · vs last sale $1.13M (Nov 12 2024)
Last sale anchor
$1.13M
Nov 12 2024
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$387 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$9,028
Tax year 2023
Assessed value
$34,460
Assessed 2023
Previous assessed
$39,000
-11.6% YoY
Effective rate
26.20%
On assessed value
Land market value
$187,200
Improvement market value
$387,200
Total market value
$574,400
Applied tax rate
510.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1999
Heating
NONE
Total area
2,935 SF
Lot
0.72 ac (31,363 SF)
Zoning code
6615
APN
R510 007 00B 0007 0000
UPID
US77-0623875
Jurisdiction
BEAUFORT
Zoning & alternative use
6615 · Hilton Head Island, SC
Zoning 6615 · permitted uses
6615 · Hilton Head Island, SC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Hilton Head Island. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE
Est. value
$1.0M
AUTO REPAIR, GARAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1999
Heating
NONE
Lot
0.72 ac
Current owner
From public records · entity-resolved
Pregnancy Center And Clinic Of The
Individual
Mailing address
10095 MAIN RD, MATTITUCK, NY 11952-1658
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 12, 2024
$1,133,000
Pregnancy Center And Clinic Of The
Merchant Street LLC
Deed
$756,500 · First Citizens Bank & Trust Co
Jul 14, 2023
$650,000
201 Merchant Street LLC
Central Trust Company
Deed
—
Oct 3, 2018
$650,000
Central Trust
Pivirotto,michael A & Judy G
Warranty Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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