Property profile

28 Shelter Cv Lna1 Hilton Head Island, SC 29928

OFF-MARKET
Super regional malls
Property ID
US77-1183920
99,058 SF 30.34 ac lot Built 1988
Entity Owned 9-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This retail property is situated within a power center totaling approximately 300,000 square feet, located off Highway 278 in Hilton Head Island, South Carolina. The site includes a 5-acre park and is part of a larger mixed-use development that features Class A apartments (approximately 240 units) under construction, with an additional planned phase referenced in the original description. The tenant mix has historically included national and local retailers and restaurants such as Kroger, Belk, Jos. A. Banks, AT&T, and multiple dining and specialty businesses, with at least one listed restaurant space at approximately 10,000 square feet. The retail spaces described are approximately 2,000 square feet and are configured for neighborhood retail use within the larger shopping center environment.

Property profile

Verified
Property type Super regional malls
Use group REGIONAL SHOPPING CENTER, MALL
Year built 1988
Total area 99,058 SF
Lot 30.34 ac (1,321,610 SF)
Zoning code 6615
APN R520 012 00B 0026 0000
UPID US77-1183920

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

28 Shelter Cv Lna1 Hilton Head Island, SC 29928-2007
Hilton Head Island metro Census 11100 HILTON HEAD ISLAND-BEAUFORT, SC MICROPOLITAN STATISTICAL AREA
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Value estimations

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Owner & transaction history

since 2016
6 recorded transactions
2016
Price N/A
2014
Price N/A
2013
Price N/A
2011
$17.3M
2004
Price N/A
1986
$5.3M

Zoning & alternative use

6615 · Hilton Head Island, SC

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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