Renovated Retail Showroom in
1638 Chapin Rd, Chapin, SC 29036
For Sale
Contact for pricing
1,800 SF renovated retail/showroom space in Chapin, SC.
Property Size1,800 SF
Lot Size0.41 Acres
Price / SF$277.22
Days on Market247
Property Features for 1638 Chapin Rd
General Information
Standard status
Size
Class
Lot size
Property subtype
Zoning
Investment Type
Building Details
Year Built
Year Renovated
Buildings
Stories
Units
Tenancy
Listing Agency:
DeWees Real Estate Group
Listed By:
Niles Helmboldt · License SC #117454
(803) 807-1029
Source:
Crexi
Added: Mar 9
Changed: Nov 5
Last Checked: Nov 8 at 7:29AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of DeWees Real Estate Group
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This property features an 1,800 square foot retail and showroom space with additional storage, situated on 0.41 acres. Located in Chapin, South Carolina, the property benefits from excellent visibility. It is zoned GC within the Town of Chapin. Originally built in 1970, the property underwent a complete renovation between 2025 and 2026, including a new roof, electrical system, HVAC, ductwork, ADA-compliant restrooms, kitchenette, plumbing, paint, windows, doors, and pavement.
Key Highlights
- Completely renovated in 2025‑2026 with new roof, electrical, HVAC, restrooms, kitchenette, plumbing, paint, windows, doors, and pavement.
- Located in the heart of Chapin with excellent visibility.
- 1,800 SF Retail / showroom (plus additional storage).
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,125
Cap Rate
3.63%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$362,500
$362.5K
Cap Rate 7%
$258,929
$258.9K
Cap Rate 9%
$201,389
$201.4K
Market Conditions
NOI Build-Up for 1,800 SF
Gross rent
$27.0K $15.00/SF
− Vacancy
−$1.1K −$0.61/SF
EGI
$25.9K $14.39/SF
− OpEx
−$7.8K −$4.32/SF
NOI
$18.1K $10.07/SF
Area
Lexington County, SC
Vacancy
4.10%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$362,500
Cap Rate 7%
$258,929
Cap Rate 9%
$201,389
Alternative Uses
Best Use
Retail
$258.9K
$226.6K – $302.1K
NOI $18,125 @ 7.0% cap · market cap 3.63%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$483.4K
$423.0K – $564.0K
NOI $33,840 @ 7.0% cap · market cap 6.78%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
427
Businesses Nearby
65k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 55%
Groceries 27%
Dining 17%
Electronics 2%
Circle K
Shops & Services
19,853 visits/mo
0.4 miles
Lowes Foods
Groceries
17,388 visits/mo
0.3 miles
Hardee's
Dining
8,552 visits/mo
0.2 miles
Dollar General
Shops & Services
8,351 visits/mo
0.2 miles
Truist
Shops & Services
3,810 visits/mo
0.4 miles
Demographics for 29036, SC
27,047
Population
10,910
Households
2.5
Avg Household Size
43
Median Age
49%
College-Educated
97%
High-School Grad
55.1 sq mi
ZIP Area
491
Density / Sq Mi
$116,438
Median Household Income
$62,787
Median Earnings
$1,901
Median Rent
$378,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Showroom - 1,800 SF renovated retail/showroom space in Chapin, SC.
Where is this showroom located?
The property is located at 1638 Chapin Rd Chapin, SC.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Completely renovated in 2025‑2026 with new roof, electrical, HVAC, restrooms, kitchenette, plumbing, paint, windows, doors, and pavement.; Located in the heart of Chapin with excellent visibility.; 1,800 SF Retail / showroom (plus additional storage).
