Entity Owned 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
Current use
Occupant on record · Public records
-
Loan Service Bank
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$790k
Comparable Approach
Comparable
$730k
Blend (final)
Blend
$620k
Owner & transaction history
since 2022
Last sale
$660,000
4 recorded transactions
Zoning & alternative use
6101 · Beaufort, SC
Top alternative use upside
Office building
$1.0M
+44.1%
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 4 comparables with addresses
3 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Estimated market value
$620k
Value range
$558k – $682k
±10% around blend
Estimated value / SF
$151 / SF
Confidence
Low
4 county-verified comps
Property data
88
Market benchmarks
67
Comparable evidence
40
$558k
blend $620k
$682k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
4,100 SF
Lot area
0.37 ac
Year built
2014
APN
R120 001 000 0263 0000
Zoning
6101
Assessed value
$39,600
Annual tax
$11,786
3
Income approach: direct capitalization
Partial preview
Income approach indication
$790k
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$860k
@ 6.5% CAP return
$790k
@ 7% CAP return
$735k
4
Sales comparison
Partial preview
Sales approach indication
$1.14M
Weighted, 4 comps · low confidence
Evidence
4 found · 4 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
19.5 mi away · 4,746 SF
20.1 mi away · 3,905 SF
20.2 mi away · 2,960 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$620k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
Submarket 43 sales
$173
-12%
County 103 sales
$195
-22%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $151/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Office Building
Gross theoretical uplift
+44%
vs current-use indication
Commercial (general) · current use
Retail Stores
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 4 sales
Market rates by use type
PDF export
Professional Plan · 30 reports
from $99/month
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Overview
Implied cap rate
8.30%
Implied, in-place cap rate for this investment properties
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 8.30%
9.0%
NOI (est.)
$46k *
Last sale · Mar 2022
$660k
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$557k
Move the market yield to see immediate price impact.
Value / SF
$136
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
7.80%8.30%8.80%
$42k
$533k
$501k
$472k
$46k
$592k
$557k
$525k
$51k
$652k
$612k
$578k
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
4 found
Low confidence · county-verified
Closest comparable
$1.50M
2.3 mi · Oct 2025 · $329/SF
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
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
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, SCZoning 6101 · permitted uses
6101 · Beaufort, SC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
2014
Heating
NONE
Lot
0.37 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
6101
Jurisdiction
Beaufort, SC
Recorded code
6101
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for 6101 in Beaufort, SC.
What opens after registration
Zoning profile
Official documentVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
One complete report on every paid plan · 30 · 300 reports per month.
Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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