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Property profile & analytics
OFF-MARKET
Medical Office Space
35 Bill Fries Dr Hilton Head Island, SC 29926-2730
Entity Owned
20-yr Hold
Free & Clear
Property ID
US77-1125362
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1984
Total area
2,978 SF
Lot
1 ac (43,560 SF)
Zoning code
6615
APN
R510 008 000 103C 0005
UPID
US77-1125362
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
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Hilton Head Oral/Maxillofacial: Fader Lynn B DDS Dental Office
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Island Medical Plaza Medical Clinic
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Ocean Dental Dental Office
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Dr. Robert S. Jones Sr, DMD Dental Office
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Charlie Frangos Counselor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Peter Joseph Ventures LLC · 20 yrs held
Peter Joseph Ventures LLC
since 2006
4 recorded transactions
Zoning & alternative use
6615 · Hilton Head Island, SC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Hilton Head Island submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hilton Head Island submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$4,773
Tax year 2023
Assessed value
$17,620
Assessed 2023
Previous assessed
$19,660
-10.4% YoY
Effective rate
27.09%
On assessed value
Land market value
$15,000
Improvement market value
$278,700
Total market value
$293,700
Applied tax rate
510.0000
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
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1984
Heating
NONE
Total area
2,978 SF
Lot
1 ac (43,560 SF)
Zoning code
6615
APN
R510 008 000 103C 0005
UPID
US77-1125362
Jurisdiction
BEAUFORT
Zoning & alternative use
6615 · Hilton Head Island, SC
Zoning 6615 · permitted uses
6615 · Hilton Head Island, SC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Hilton Head Island. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1984
Heating
NONE
Lot
1 ac
Current owner
From public records · entity-resolved
Peter Joseph Ventures LLC
Entity
Free & Clear · 20 yrs held
Mailing address
HILTON HEAD ISLAND, SC 29926
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2006
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 28, 2006
$320,000
Peter Joseph Ventures LLC
Master Of Equity/beaufort County
Trustees Deed
related
—
—
—
Peter Joseph Ventures LLC
—
Deed Of Trust
related
$80,000 · Bank Of America
—
—
Peter Joseph Ventures LLC
—
Deed Of Trust
related
$288,000 · Bank Of America
—
—
Peter Joseph Ventures LLC
—
Deed Of Trust
related
$295,000 · Coastal States Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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