Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    402 Main St Hardeeville, SC 29927-5933

    • Commercial real estate
    • 1,152 SF
    • 0.50 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US77-2642678
    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

    • Commercial real estate

    Property Details for 402 Main St

    Lot size
    0.50 lot acres
    Property size
    1,152 SF
    Property type
    Commercial real estate
    APN
    029-44 -10-010
    APU
    294410010

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Hardeeville
    County
    Jasper
    State
    South Carolina
    Longitude
    -81.0746
    Latitude
    32.2813
    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
    $2,127
    $0.00
    $0.00
    $5,290
    -
    $50,000
    $54,900
    $104,900

    Comparable in this City

    • Value Estimation by Request
      1.90 Acres

      386 D Mark Cummings Rd

      Land • 71,145 SF
      386 D Mark Cummings Rd, Hardeeville, SC 29927
      View Details
    • Value Estimation by Request
      720 SF

      302 Jacob Smart Blvd

      COMMERCIAL (GENERAL) • 720 SF
      302 Jacob Smart Blvd, Hardeeville, SC 29927
      View Details
    • Value Estimation by Request
      1,632 SF

      Argent Blvd

      COMMERCIAL (GENERAL) • 1,632 SF
      Argent Blvd, Hardeeville, SC 29927
      View Details
    • Value Estimation by Request
      980 SF

      494 Church Rd

      COMMERCIAL (GENERAL) • 980 SF
      494 Church Rd, Hardeeville, SC 29927
      View Details
    • Value Estimation by Request
      664 SF

      357 Church Rd

      COMMERCIAL (GENERAL) • 664 SF
      357 Church Rd, Hardeeville, SC 29927-5710
      View Details
    • Value Estimation by Request
      3,731 SF

      68 Hampton Pointe Blvd

      COMMERCIAL (GENERAL) • 3,731 SF
      68 Hampton Pointe Blvd, Hardeeville, SC 29927-4490
      View Details

    Similar Nearby for Sale

    • $599,000
      2.58 Acres

      Hwy 17 Alt Commercial Land

      Prime 2.58-acre commercial lot in Hardeeville, SC.
      0 Us-17, Hardeeville, SC 29927
      View Details
    • $649,000
      12.20 Acres

      Hardeeville Commercial Land - 12 Acres

      Prime Redevelopment Land near Savannah
      324 Speedway Blvd, Hardeeville, SC 29927
      View Details
    • $550,000
      5.56 Acres

      Speedway Blvd Commercial Land

      5.56 Acres, Prime Hardeeville Location
      5670 Speedway Blvd, Hardeeville, SC 29927
      View Details
    • Contact for pricing
      46,497 SF

      Flex Buildings Near I-95

      Flex buildings with finished office space, near I-95.
      12362 Speedway Blvd, Hardeeville, SC 29927
      View Details
    • $249,900

      Premium Lot in Riverton Pointe

      0.46-acre corner lot with lagoon views in golf community.
      379 Azalea Dr, Hardeeville, SC 29927
      View Details
    • $168,000

      Hardeeville Homesite with Lagoon View

      0.24-acre homesite with golf and resort-style amenities.
      1273 Club Way, Hardeeville, SC 29927
      View Details

    Similar Nearby for Lease

    • $24 SF/Yr
      2,750 SF

      Hardeeville Office Space Available

      Office space available for lease in Hardeeville, South Carolina.
      172 Mead Rd, Hardeeville, SC 29927
      View Details
    • Contact for pricing
      1,200,640 SF

      Industrial Park Distribution Facility

      Class A manufacturing and distribution facility with I-95 frontage.
      Whyte Hardee Blvd, Hardeeville, SC 29927
      View Details
    • Contact for pricing
      2,159,000 SF

      Hardeeville Industrial Warehouse Space

      Class 5 Warehouse/Distribution Center near Savannah Port
      0 Pin Tail Creek Dr, Hardeeville, SC 29927
      View Details
    • Contact for pricing
      112,294 SF

      Hardeeville Warehouse: Class A Space

      Modern warehouse, 112,294 sqft, SC
      0 Us-17, Hardeeville, SC 29927
      View Details
    • Contact for pricing
      33,750 SF

      Industrial Space Near Interstate-95

      33,750 SF industrial space with easy access to I-95.
      690 Mockingbird Dr, Hardeeville, SC 29927
      View Details
    • Contact for pricing
      1,041,600 SF

      Industrial Facility Near Savannah Port

      Large industrial facility with I-95 frontage and port access.
      Whyte Hardee Blvd, Hardeeville, SC 29927
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    402 Main St
    Hardeeville, SC 29927-5933
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.