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Property profile & analytics
OFF-MARKET
Estimated value
$870,000
Showrooms
87 Arrow Rd Hilton Head Island, SC 29928-7324
Entity Owned
1-yr Hold
Free & Clear
Property ID
US77-0210722
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1982
Total area
5,732 SF
Zoning code
6615
APN
R552 014 000 0837 0000
UPID
US77-0210722
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
-
Reflections Services General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$642k
Blend (final)
Blend
$870k
Owner & transaction history
87 Arrow Road LLC · 1 yrs held
87 Arrow Road LLC
since 2025
Last sale
$1.1M
7 recorded transactions
Zoning & alternative use
6615 · Hilton Head Island, SC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
land management ordinance
Top alternative use upside
Retail stores
$925,000
+7.5%
Apartment house (5+ units)
$920,000
+6.7%
Office building
$870,000
+1.2%
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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$860,000
Current use
RETAIL STORES
$925,000
Change: +8% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$920,000
Change: +7% · Conversion: Moderate
OFFICE BUILDING
$870,000
Change: +1% · Conversion: Easy
WAREHOUSE, STORAGE
$785,000
Change: -9% · Conversion: Difficult
Blend value · Realmo final
$870k
Range $783k – $957k · ±10% · vs last sale $1.10M (Nov 19 2024)
Last sale anchor
$1.10M
Nov 19 2024
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$152 / SF
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
$4,111
Tax year 2023
Assessed value
$11,030
Assessed 2023
Previous assessed
$9,590
+15.0% YoY
Effective rate
37.27%
On assessed value
Land market value
$182,000
Improvement market value
$81,000
Total market value
$263,000
Applied tax rate
550.0000
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
1982
Heating
NONE
Total area
5,732 SF
Zoning code
6615
APN
R552 014 000 0837 0000
UPID
US77-0210722
Jurisdiction
BEAUFORT
Zoning & alternative use
6615 · Hilton Head Island, SCZoning 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
Source
land management ordinance
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$860,000
RETAIL STORES
Est. value
$925,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$920,000
OFFICE BUILDING
Est. value
$870,000
WAREHOUSE, STORAGE
Est. value
$785,000
COMMERCIAL (GENERAL) Current
RETAIL STORES
APARTMENT HOUSE (5+ UNITS)
OFFICE BUILDING
WAREHOUSE, STORAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1982
Heating
NONE
Current owner
From public records · entity-resolved
87 Arrow Road LLC
Entity
Free & Clear · 1 yrs held
Mailing address
PO BOX 21221, HILTON HEAD ISLAND, SC 29925-1221
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 19, 2025
$1,100,000
87 Arrow Road LLC
Olsen Properties LLC
Deed
—
Dec 19, 2019
—
Olsen Properties LLC
—
Deed
related
$430,000 · Coastalstates Bank
Dec 13, 2016
—
Olsen Properties LLC
—
Deed
related
$790,600 · Wells Fargo Bk
Dec 12, 2016
—
Olsen Properties LLC
Olsen,martin L & Barbara A
Quit Claim Deed
related
—
Aug 20, 2013
—
Olsen Properties LLC
Olsen,martin L & Barbara A
Quit Claim Deed
related
—
Jan 9, 2012
$615,000
Martin L Olsen
Propes,opal E & James R
Warranty Deed
$515,000 · Opal E & James R Propes
Aug 11, 2003
$400,000
Opal E Propes
Master Of Equity/beaufort County
Trustees Deed
related
$350,000 · Scbt NA
Aug 1, 2003
$400,000
Opal Propes
—
Trustees Deed
related
$350,000 · Scbt NA
—
—
Olsen Properties LLC
—
Deed Of Trust
related
$790,600 · Wells Fargo Bk
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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