Log In/Sign Up
Your email has been sent.
1119 Pickpocket Plantation Dr - Summit Place of Beaufort 35,511 SF Health Care Building Offered at $6,000,000 in Beaufort, SC 29902
Investment Highlights
- Vacant senior housing and healthcare investment opportunity featuring 72 suites, 87 beds, and three single-story buildings totaling ±48,288SF
- Beaufort County is one of the fastest-growing markets in the Southeast, supported by major military installations, tourism, and continued growth
- The subject property is offered at approximately $114.62/SF, representing a significant discount to Southeast comparable sales averaging $292/SF
- Property includes a community living room and activity areas, family dining room and library, large-screen TV room, activities room, and kitchen
- Strong demographics with average household income of $92,335 for residents age 75+, along with average home values of approximately $502,000
- 2025 replacement cost is estimated at $353/SF, providing a compelling value-add and repositioning opportunity for investors or operators
Executive Summary
Located in Beaufort County, South Carolina, 1119 Pick Pocket Plantation Drive is a vacant senior housing and healthcare investment opportunity consisting of three single-story buildings totaling ±48,288 SF on ±5.7 acres. Built in 1999, the property features 72 suites and 87 beds, along with numerous amenities including a community living room, family dining area and library, large-screen TV room, dedicated activities room, and a professional kitchen.
Beaufort is a historic Lowcountry city known for its coastal setting, strong tourism industry, and the economic stability provided by major military installations. The area continues to experience steady growth fueled by nearby Hilton Head Island and Bluffton and benefits from affluent demographics, with average home values approaching $502,000.
Currently vacant, the subject property is offered at approximately $114.62/SF, significantly below Southeast comparable sales averaging $292/SF and the estimated 2025 replacement cost of $353/SF, presenting an attractive value-add and repositioning opportunity.
Beaufort is a historic Lowcountry city known for its coastal setting, strong tourism industry, and the economic stability provided by major military installations. The area continues to experience steady growth fueled by nearby Hilton Head Island and Bluffton and benefits from affluent demographics, with average home values approaching $502,000.
Currently vacant, the subject property is offered at approximately $114.62/SF, significantly below Southeast comparable sales averaging $292/SF and the estimated 2025 replacement cost of $353/SF, presenting an attractive value-add and repositioning opportunity.
Property Facts
| Price | $6,000,000 | Lot Size | 5.70 AC |
| Price Per Bed | $68,966 | Building Size | 48,288 SF |
| Sale Type | Investment | No. Beds | 87 |
| Property Type | Health Care | No. Stories | 1 |
| Property Subtype | Assisted Living | Year Built | 1999 |
| Building Class | B | Parking Ratio | 1.66/1,000 SF |
| Zoning | 6611 - Senior Housing/Healthcare | ||
| Price | $6,000,000 |
| Price Per Bed | $68,966 |
| Sale Type | Investment |
| Property Type | Health Care |
| Property Subtype | Assisted Living |
| Building Class | B |
| Lot Size | 5.70 AC |
| Building Size | 48,288 SF |
| No. Beds | 87 |
| No. Stories | 1 |
| Year Built | 1999 |
| Parking Ratio | 1.66/1,000 SF |
| Zoning | 6611 - Senior Housing/Healthcare |
1 1
Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | R122-029-000-0222-0000 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $397,520 |
Property Taxes
Parcel Number
R122-029-000-0222-0000
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$397,520
1 of 11
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
1119 Pickpocket Plantation Dr - Summit Place of Beaufort
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.