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    Property profile & analytics

    50 Palmetto Bay Rd Hilton Head Island, SC 29928-5313

    • Office buildings
    • 9,820 SF
    • 1.10 lot acres
    OFF-MARKET
    Value Estimation
    $1,595,000
    Last Sale
    May 05, 2021
    $1,360,000
    Location Intelligence
    Property ID
    US77-0346893
    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

    • Blue Cross Blue Shield / Insurance Agency / Health Consultant
    • The Vacation Company / Vacation Home Rental Agency / Property Management Company
    • Hub International Southeast / Insurance Agency / Home Insurance Agency

    Property Details for 50 Palmetto Bay Rd

    Year built
    1969
    Lot size
    1.10 lot acres
    Property size
    9,820 SF
    Zone code
    6615
    Property type
    Office buildings
    APN
    R552 014 000 0064 0000
    APU
    R55201400000640000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,820,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,380,000
      6.5%
      $1,500,000
      7%
      $1,555,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,270,000
      Geo Method
      $1,565,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,565,000
      Retail
      $1,400,000
      Mixed-Use
      $1,460,000
      Hospitality
      $1,355,000
      Educational
      $1,455,000
      Residential Income
      $1,300,000
      Energy
      $1,300,000
      Income-Based Land
      $1,235,000
      Food Service
      $1,460,000

    Location Insight

    • Map
    • Local Demand
    City
    Hilton Head Island
    County
    Beaufort
    State
    South Carolina
    Longitude
    -80.7681
    Latitude
    32.1629
    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
    $25,222
    $0.00
    $0.00
    $93,840
    -
    $825,000
    $865,300
    $1,690,300

    Comparable in this City

    • Value Estimation by Request
      11,860 SF

      1 Chamber Of Commerce Dr

      OFFICE BUILDING • 11,860 SF
      1 Chamber Of Commerce Dr, Hilton Head Island, SC 29928-3573
      View Details
    • Value Estimation by Request
      3,750 SF

      34 New Orleans Rd

      OFFICE BUILDING • 3,750 SF
      34 New Orleans Rd, Hilton Head Island, SC 29928-4715
      View Details
    • Value Estimation by Request
      8,385 SF

      1 Park Rd

      OFFICE BUILDING • 8,385 SF
      1 Park Rd, Hilton Head Island, SC 29928-6414
      View Details
    • Value Estimation by Request
      5,204 SF

      70 Arrow Rd

      OFFICE BUILDING • 5,204 SF
      70 Arrow Rd, Hilton Head Island, SC 29928-7335
      View Details
    • Value Estimation by Request
      8,604 SF

      101 Pope Ave

      OFFICE BUILDING • 8,604 SF
      101 Pope Ave, Hilton Head Island, SC 29928-6499
      View Details
    • Value Estimation by Request
      960 SF

      10 Shipyard Dr

      OFFICE BUILDING • 960 SF
      10 Shipyard Dr, Hilton Head Island, SC 29928-4930
      View Details

    Similar Nearby for Sale

    • $965,000
      8,839 SF

      Renovated Office Building Near Amenities

      Professionally managed office building with flexible layout near retail and restaurants.
      19 Executive Park Rd, Hilton Head Island, SC 29928
      View Details
    • $5,995,000
      Pending

      Class A Office Campus

      Technologically advanced office campus on Hilton Head Island.
      10 Park Ln, Hilton Head Island, SC 29928
      View Details
    • New
      $1,600,000

      Showroom and Class A Office

      Showroom and Class A office building with highway signage.
      34 New Orleans Rd, Hilton Head Island, SC 29928
      View Details
    • $1,050,000
      12,000 SF

      Office Building Near the Beach

      Office building with leasing upside near new developments.
      10 Executive Park Rd, Hilton Head Island, SC 29928
      View Details
    • $499,000

      Waterfront Executive Office Suite

      Remodeled office suite with waterfront views in Shelter Cove.
      19 Shelter Cove Ln, Hilton Head Island, SC 29928
      View Details
    • Contact for pricing

      Class A Office Suites Available

      Functional office spaces in updated building with covered parking.
      2 Park Ln, Hilton Head Island, SC 29928
      View Details

    Similar Nearby for Lease

    • $25 SF/Yr
      9,660 SF

      Class A Office Space Available

      Class A office building with monument signage on Palmetto Bay Road.
      19 Bow Cir, Hilton Head Island, SC 29928
      View Details
    • $17 SF/Yr
      1,792 SF

      Functional Office Spaces For Rent

      Updated building with covered parking and a great location.
      2 Park Rd, Hilton Head Island, SC 29928
      View Details
    • $8 SF/Yr
      5,226 SF

      32 Office Park Rd

      Office space
      32 Office Park Rd, Hilton Head Island, SC 29928
      View Details
    • $16 SF/Yr
      5,700 SF

      Hilton Head Island Executive Office Space

      Prime Office Suite, 2,860 sq ft Available
      6 Park Ln, Hilton Head Island, SC 29928
      View Details
    • $17 SF/Yr
      1,546 SF

      Hilton Head Island Office Space

      1,546 sq ft, Prime Location, Water Views
      23B Shelter Cove Ln, Hilton Head Island, SC 29928
      View Details
    • $35 SF/Yr
      2,296 SF

      Retail Space in Power Center

      Retail space available in Hilton Head Island power center.
      38 Shelter Cove Ln, Hilton Head Island, SC 29928
      View Details
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    50 Palmetto Bay Rd
    Hilton Head Island, SC 29928-5313
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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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