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Property profile & analytics
OFF-MARKET
Estimated value
$700,000
Investment properties
2048 Pearl St Beaufort, SC 29902-3836
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US77-0857521
Property summary
AI-generated overview
This exceptional 2,000 square foot office space at 2048 Pearl Street in Beaufort, South Carolina, presents a unique opportunity for businesses seeking a prestigious location. Previously occupied by StateFarm Insurance, this single-tenant property offers a blend of modern convenience and historic charm. Situated in the heart of Beaufort, it boasts ample off-street parking, ensuring easy access for employees and clients. The spacious interior is adaptable to various business needs, accommodating both open-plan workspaces and private offices, providing flexibility for diverse operational requirements. The property is categorized as a Traditional Office, Executive Office, and Coworking space, making it suitable for a wide range of professional uses. Located in Beaufort County, South Carolina, with a zip code of 29902, this property offers a convenient and accessible location within the vibrant Beaufort community. The minimum lease term is two years. This is an ideal opportunity to establish or expand your business in a highly desirable and well-situated office space. Don't miss this chance to secure a prominent presence in Beaufort's thriving business district.
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
2014
Total area
4,100 SF
Lot
0.37 ac (16,117 SF)
Zoning code
6101
APN
R120 001 000 0263 0000
UPID
US77-0857521
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
-
Impeccable Lending Inc Loan Service Bank
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$790k
Comparable Approach
Comparable
$730k
Blend (final)
Blend
$700k
Owner & transaction history
Fairfield Property LLC · 4 yrs held
Fairfield Property LLC
since 2022
Last sale
$660,000
4 recorded transactions
Zoning & alternative use
6101 · Beaufort, SC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$1.0M
+44.1%
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 Beaufort submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Beaufort 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
$620,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$860,000
6.5%
$790,000
7%
$735,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$710,000
Current use
OFFICE BUILDING
$1,020,000
Change: +44% · Conversion: Easy
RETAIL STORES
$685,000
Change: -3% · Conversion: Easy
Blend value · Realmo final
$700k
Range $630k – $770k · ±10% · vs last sale $660k (Mar 15 2022)
Last sale anchor
$660k
Mar 15 2022
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
$171 / 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
$11,786
Tax year 2023
Assessed value
$39,600
Assessed 2023
Previous assessed
$33,920
+16.7% YoY
Effective rate
29.76%
On assessed value
Land market value
$80,000
Improvement market value
$580,000
Total market value
$660,000
Applied tax rate
120.0000
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
2014
Heating
NONE
Total area
4,100 SF
Lot
0.37 ac (16,117 SF)
Zoning code
6101
APN
R120 001 000 0263 0000
UPID
US77-0857521
Jurisdiction
BEAUFORT
Zoning & alternative use
6101 · Beaufort, SC
Zoning 6101 · permitted uses
6101 · Beaufort, SC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Beaufort. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$710,000
OFFICE BUILDING
Est. value
$1.0M
RETAIL STORES
Est. value
$685,000
COMMERCIAL (GENERAL) Current
OFFICE BUILDING
RETAIL STORES
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
2014
Heating
NONE
Lot
0.37 ac
Current owner
From public records · entity-resolved
Fairfield Property LLC
Entity
Mailing address
PO BOX 745, BEAUFORT, SC 29901-0745
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 15, 2022
$660,000
Fairfield Property LLC
Coastal Equities Ltd Co
Deed
$490,000 · South State Bank National Associati
May 13, 2013
—
Coastal Equities Ltd Co
Corriveau,andrew A
Grant Deed
—
Jul 12, 2012
$60,000
Andrew A Corriveau
303 Associates LLC
Grant Deed
—
Dec 1, 2004
$1,183,000
303 Associates LLC
Hendricks,india B
Grant Deed
$1,400,000 · Regions Bank
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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