Property profile

881 Parris Is Gtwy Beaufort, SC 29906

OFF-MARKET
Retail space
Property ID
US77-1358968
972 SF 1 ac lot Built 1955
Entity Owned 1-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 0.62-acre commercial property at 881 Parris Island Gateway in Beaufort, South Carolina, presents a unique investment opportunity. Located in Port Royal's thriving business district, this site boasts an average daily traffic count of 40,000 vehicles (SCDOT data). Currently occupied by a successful retail nursery generating over $43,000 in average monthly sales, the property is zoned T4NCO, offering unparalleled flexibility. This zoning designation allows for a wide range of business uses, including retail establishments, offices, restaurants, service businesses, and even screened laydown yards. The property's strategic location offers significant advantages, situated directly across from two established shopping centers and a McDonald's, and adjacent to a newly constructed 216-unit luxury apartment complex. This ensures high visibility and convenient access for potential customers and employees. Importantly, the property is not located within a special hazard flood zone or a homeowner's association (HOA). The existing nursery business is available for separate purchase for an additional $700,000. This presents a compelling opportunity to acquire a turnkey operation alongside a prime commercial parcel. The asking price for the land is $600,000.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1955
Total area 972 SF
Lot 1 ac (43,560 SF)
Zoning code 9999
APN R112 034 000 012A 0000
UPID US77-1358968

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

881 Parris Is Gtwy Beaufort, SC 29906-6956
Beaufort metro Census 503 HILTON HEAD ISLAND-BEAUFORT, SC MICROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$290k

Owner & transaction history

since 2025
Last sale
$360,000
4 recorded transactions
2025
$570,000
2020
$360,000
2018
$200,000
2016
Price N/A

Zoning & alternative use

9999 · Beaufort, SC

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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