471 Parris Island Gateway
Shopping Center
for Sale
| Catylist Listing ID: |
30704694 |
| Property Subtypes: |
Neighborhood Center
|
| Building Size (RSF): |
72,625 SF
|
| Gross Building Area: |
See Agent |
| Sale Price: |
$1,675,000 |
| Unit Price: |
$23.06 PSF |
| Property Use Type: |
Investment |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
2/25/2021 |
Overview / Comments
|
Ideal shopping center redevelopment opportunity located on Parris Island Gateway in Beaufort, SC. Constructed originally as a Bi-LO-anchored shopping center, the property is currently 70% vacant. Located on a busy thoroughfare with 19,000 cars per day. T4-N Zoning allows for most uses per Beaufort County. The building is currently separated into 42,000, 22,500, and 8,125sf units.
|
Financials
| Finance Data Year |
2020 |
| Real Estate Taxes - Annual($) |
$15,885 (Annual) |
Additional Details
| Nearest MSA: |
Hilton Head Island-Bluffton |
| County: |
Beaufort |
| Taxing Authority: |
Beaufort County |
| Tax ID/APN: |
R100 031 000 0123 0000 |
| Zoning: |
T4-N (NEIGHBORHOOD CENTER) |
| Retail Clientele: |
General, Family, Business, Other |
| Property Visibility: |
Excellent |
| Largest Nearby Street: |
Parris Island Gateway |
| Traffic/Vehicle Count: |
19,000 |
| Highway Access: |
located on Parris Island Gateway (US-21) |
| Airports: |
Hilton Head Island Airport |
| Total Number of Buildings: |
1 |
| Year Built: |
1978 |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
6,178 |
25,258 |
42,440 |
| Median Age: |
31.43 |
32.9 |
34.32 |
| Households: |
2,412 |
10,183 |
15,696 |
|
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