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    Property profile & analytics

    3 Broad Riv Blvd Beaufort, SC 29906-4221

    • Outlet malls
    • 4,000 SF
    • 1.00 lot acres
    OFF-MARKET
    Last Sale
    Mar 25, 2022
    $700,000
    Value Estimations
    $690,000
    Show details
    Cap Rate Potential
    9.6%
    Outlet malls
    Location Intelligence
    Property ID
    US77-3016528
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • ACE FENCE COMPANY, LLC. / General Contractor / Construction Company
    • East Coast Foam LLC / General Contractor / Renovation Specialist
    • Southern Feed and Supply LLC / Pet Store & Service

    Property Details for 3 Broad Riv Blvd

    Year built
    1992
    Lot size
    1.00 lot acres
    Property size
    4,000 SF
    Zone code
    6611
    Property type
    Outlet malls
    Property subtype
    Shopping centers
    APN
    R100 029 000 139B 0000
    APU
    R100029000139B0000

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $655,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $557,000
      Market price range: $395k - $989k
      AI Estimate
      $557,000
      Market price range: $395k - $989k

    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $670,000
      Current use
      OFFICE BUILDING
      $995,000
      Change: +48% Conversion: Easy
      COMMERCIAL (GENERAL)
      $740,000
      Change: +11% Conversion: Easy
      WAREHOUSE, STORAGE
      $545,000
      Change: -18% Conversion: Difficult

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Beaufort
    County
    Beaufort
    State
    South Carolina
    Longitude
    -80.7167
    Latitude
    32.439
    CBSA code
    25940
    CBSA name
    HILTON HEAD ISLAND-BEAUFORT, SC MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $7,454
    $0.00
    $0.00
    $24,330
    -
    $173,600
    $231,900
    $405,500

    Comparable in this City

    • Value Estimation
      $5,100,000
      50,576 SF

      25 Robert Smalls Pkwy

      WHOLESALE OUTLET, DISCOUNT STORE • 50,576 SF
      25 Robert Smalls Pkwy, Beaufort, SC 29906-4200
      View Details
    • Value Estimation
      $515,000
      4,325 SF

      241 Robert Smalls Pkwy

      WHOLESALE OUTLET, DISCOUNT STORE • 4,325 SF
      241 Robert Smalls Pkwy, Beaufort, SC 29906-4227
      View Details
    • Value Estimation
      $990,000
      10,000 SF

      245 Robert Smalls Pkwy

      WHOLESALE OUTLET, DISCOUNT STORE • 10,000 SF
      245 Robert Smalls Pkwy, Beaufort, SC 29906-4227
      View Details
    • Value Estimation
      $21,235,000
      214,795 SF

      350 Robert Smalls Pkwy

      WHOLESALE OUTLET, DISCOUNT STORE • 214,795 SF
      350 Robert Smalls Pkwy, Beaufort, SC 29906-4284
      View Details
    • Value Estimation
      $13,290,000
      134,446 SF

      207 Robert Smalls Pkwy

      WHOLESALE OUTLET, DISCOUNT STORE • 134,446 SF
      207 Robert Smalls Pkwy, Beaufort, SC 29906-4227
      View Details
    • Value Estimation by Request
      128,522 SF

      11 Robert Smalls Pkwy

      SHOPPING CENTER, STRIP CENTER • 128,522 SF
      11 Robert Smalls Pkwy, Beaufort, SC 29906-4202
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      208,662 SF

      Anchored Retail Center For Sale

      Retail center with national brand tenants in thriving coastal community.
      301 Robert Smalls Pkwy, Beaufort, SC 29906
      View Details
    • $199,900
      Pending

      Beaufort Commercial Land For Sale

      Almost 4-acre commercial tract with high traffic and visibility.
      8 Bruce K Smalls Dr, Beaufort, SC 29906
      View Details
    • $400,000
      1.20 Acres

      Beaufort Commercial Land Opportunity

      1.2-acre retail land, prime location.
      546 Parris Island Gtwy, Beaufort, SC 29906
      View Details
    • $1,000,000

      Retail Asset in Beaufort, SC

      Single-tenant, net-leased Family Dollar in coastal South Carolina market.
      361 Shanklin Rd, Beaufort, SC 29906
      View Details
    • New
      $350,000

      Beaufort Commercial Land For Sale

      Commercial land in Shell Point area with high traffic count.
      783 Parris Island Gtwy, Beaufort, SC 29906
      View Details
    • $450,000
      0.61 Acres

      Commercial Property in High-Traffic Area

      Convenience store/restaurant with potential for various business ventures.
      2769 Trask Pkwy, Beaufort, SC 29906
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Retail Space in Beaufort, SC

      Retail space available in regional shopping center in Beaufort, SC.
      Beaufort, SC 29906
      View Details
    • Contact for pricing
      4,800 SF

      Retail Space in Beaufort, SC

      Retail space available in established Beaufort shopping center.
      324-332 Robert Smalls Pkwy, Beaufort, SC 29906
      View Details
    • Contact for pricing
      1,400 SF

      Retail Space Near Food Lion

      Retail spaces available in Food Lion anchored shopping center.
      350 Shanklin Rd, Beaufort, SC 29906
      View Details
    • $650 /Mo

      Professional Office Suites For Lease

      Small office suites available in Beaufort, SC.
      69 Robert Smalls Pkwy, Beaufort, SC 29906
      View Details
    • Contact for pricing
      1,350 SF

      Office Space with Balcony Access

      Office space featuring multiple balconies, private bathroom, and concrete flooring.
      19 Market, Beaufort, SC 29906
      View Details
    • $1,000 /Mo

      Professional Office Suites For Lease

      Small office suites available in Beaufort, SC.
      69 Robert Smalls Pkwy, Beaufort, SC 29906
      View Details
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    3 Broad Riv Blvd
    Beaufort, SC 29906-4221
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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