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101 High Tide Dr

2.83 Acres of Commercial Land Offered at $600,000 in Beaufort, SC 29906

Investment Highlights

  • Zoned HS.
  • Ideal location for Hospitality Development.

Executive Summary

Avison Young, as the sole exclusive agent, is pleased to offer the fee simple interest in the Approved Hotel site (hereinafter "Property" or "Hotel"), in Port Royal, South Carolina. The Property sits at 101 High Tide Drive in Port Royal, South Carolina.
The proposed Hotel is located just west of the US Marine Corps Recruit Depot's front gate at Parris Island. As the Marine Corps primary boot camp, this military installation graduates recruits approximately 45 weekends each year. On average each graduate has five to nine guests attend these graduations each weekend. The area's hotels usually fill available hotels and overfiow into other markets. The proposed Hotel site will be the first extended stay product in the market and the closest lodging destination to the military base.
Tourism is the second largest industry in Beaufort County according to The Greater Beaufort County Chamber of Commerce. Tourist are attracted to the city's homes, history, antique stores, art galleries, and harbor. Additionally, Beaufort hosts a number of festivals and events each year, the largest of which are the Water, Shrimp, and Gullah Festivals. The bigger festivals usually sell out the local hotel market.

Property Facts

Price $600,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Hospitality
  • Hotel
Total Lot Size 1.86 AC

1 Lot Available

Lot

Price $600,000
Price Per AC $212,014
Lot Size 2.83 AC

2.83 acre lot zoned HS.

Description

Vacant commercial lot on High Tide Drive in Beaufort, South Carolina.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • R112-034-000-0244-0000
  • R600-021-000-0012-0000
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$80,400

zoning

Zoning Code HC (hospitality)
HC (hospitality)
  • Listing ID: 27775069

  • Date on Market: 2/17/2023

  • Last Updated:

  • Address: 101 High Tide Dr, Beaufort, SC 29906

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