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    Property profile & analytics

    308 Laurel Bay Rd Beaufort, SC 29906

    • High-rise multifamily apartments
    • 17,432 SF
    • 7.15 lot acres
    OFF-MARKET
    Value Estimation
    $6,120,000
    Last Sale
    Feb 08, 2022
    $6,400,000
    Location Intelligence
    Property ID
    US77-0556440
    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

    • High-rise multifamily apartments

    Property Details for 308 Laurel Bay Rd

    Year built
    2001
    Lot size
    7.15 lot acres
    Property size
    17,432 SF
    Zone code
    6611
    Property type
    High-rise multifamily apartments
    APN
    R100 024 000 0375 0000
    APU
    R10002400003750000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $5,995,000

    • CAP approach

      CAP return
      Estimation
      6%
      $5,660,000
      6.5%
      $6,025,000
      7%
      $6,615,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $6,845,000
      Geo Method
      $6,375,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $5,475,000
      Retail
      $5,215,000
      Mixed-Use
      $7,145,000
      Hospitality
      $6,895,000
      Educational
      $6,840,000
      Residential Income
      $7,190,000
      Energy
      $5,285,000
      Income-Based Land
      $7,100,000
      Food Service
      $6,265,000

    Location Insight

    • Map
    • Local Demand
    City
    Beaufort
    County
    Beaufort
    State
    South Carolina
    Longitude
    -80.7689
    Latitude
    32.4544
    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
    $111,939
    $0.00
    $0.00
    $380,110
    -
    $1,161,900
    $5,173,300
    $6,335,200

    Comparable in this City

    • Value Estimation
      $19,880,000
      23,136 SF

      325 Ambrose Run

      HIGH-RISE APARTMENTS • 23,136 SF
      325 Ambrose Run, Beaufort, SC 29906-5784
      View Details
    • Value Estimation by Request
      1,846 SF

      499 Parris Is Gtwy

      HIGH-RISE APARTMENTS • 1,846 SF
      499 Parris Is Gtwy, Beaufort, SC 29906-6280
      View Details
    • Value Estimation by Request
      1,440 SF

      273 County Shed Rd

      HIGH-RISE APARTMENTS • 1,440 SF
      273 County Shed Rd, Beaufort, SC 29906-8717
      View Details
    • Value Estimation by Request
      24,024 SF

      100 Riverchase Blvd

      HIGH-RISE APARTMENTS • 24,024 SF
      100 Riverchase Blvd, Beaufort, SC 29906-9099
      View Details
    • Value Estimation by Request
      3,868 SF

      25 Parris Is Gtwy

      MOBILE HOME PARK, TRAILER PARK • 3,868 SF
      25 Parris Is Gtwy, Beaufort, SC 29906-4286
      View Details
    • Value Estimation by Request
      12.15 Acres

      450 Parris Is Gtwy

      MOBILE HOME PARK, TRAILER PARK • 12.15 Acres
      450 Parris Is Gtwy, Beaufort, SC 29906-6260
      View Details

    Similar Nearby for Sale

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      28.30 Acres

      28 Acres Development Tract

      28-acre development tract suitable for apartments, single-family, or commercial uses.
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    • $175,000

      Beaufort Commercial Land for Sale

      Commercial land available in Beaufort, SC with high traffic count.
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    • $175,000

      Commercial Land in Beaufort, SC

      Commercial land available in Beaufort, SC with high traffic count.
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      Beaufort Commercial/Industrial Land Opportunity

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    Similar Nearby for Lease

    • $1,000 /Mo
      1,307 SF

      Office/Storage Space with Land

      Commercial office/storage space with ample land in Beaufort, SC.
      40 Shanklin Rd, 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
    • Contact for pricing

      Retail Land for Lease

      Commercial land for lease near Hilton Head and Bluffton.
      330 Robert Smalls Pkwy, 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

      Retail Space in Beaufort, SC

      Retail space available in regional shopping center in Beaufort, SC.
      Beaufort, SC 29906
      View Details
    • $22 SF/Yr
      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
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    308 Laurel Bay Rd
    Beaufort, SC 29906
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    Realmo Value Estimation

    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.

    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.

    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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