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Property profile & analytics
OFF-MARKET Estimated value $28,735,000
Retail space

265 Sea Is Pkwy Beaufort, SC 29907-1535

144,673 SF 19.3 ac lot Built 2017
Trust Owned 9-yr Hold Absentee Owner Free & Clear
Property ID
US77-1142186
Property summary
AI-generated overview

Island Shops presents a unique opportunity to establish your business within a thriving retail environment. This 149,824 square foot shopping center is anchored by a Walmart and boasts a diverse tenant mix, including T-Mobile, Chestnut Hill Cheese Shop, Navy Federal Credit Union, Vape Loft, Jersey Mike's Subs, Budget Blinds, and Beverage Warehouse. The property sits on a 0.94-acre lot in Beaufort County and offers a highly visible location within a busy commercial area. Currently, there is one available pad-ready outparcel and approximately 20,000 square feet of inline retail space available for lease. This presents a rare chance to join a successful and established shopping center with strong existing tenants and high foot traffic. The property's strategic location and the presence of a major anchor tenant make it an ideal investment for businesses seeking high visibility and a strong customer base. The available space is well-suited for a variety of retail uses, offering excellent potential for growth and profitability. Don't miss this opportunity to secure a prime location in a bustling shopping center. Contact us today to learn more about leasing options and explore the possibilities.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2017
Total area 144,673 SF
Lot 19.3 ac (840,708 SF)
Zoning code 4201
APN R123 018 000 0054 0000
UPID US77-1142186
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
  • Walmart Pharmacy Pharmacy
  • Marine Federal Credit Union Credit Union
  • Walmart Photo Center (Bike/Boat/Book/etc) Store
  • Walmart Garden Center Garden Center
  • Walmart Vision & Glasses Ophthalmologist (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$28.74M
Blend (final) Blend
$28.74M
Owner & transaction history
Wal-mart Real Estate Busn Trust · 9 yrs held
Wal-mart Real Estate Busn Trust
since 2017
5 recorded transactions
2019
Price N/A
2017
Price N/A
2016
Price N/A
2016
$4.5M
2016
$3.7M
Zoning & alternative use
4201 · Beaufort, SC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building $36.0M +48.4%
Commercial (general) $25.0M +3.0%
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