Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Chapin Automotive Service Center ForSale Title is generated by Realmo AI

    301 Lexington Ave, Chapin, SC 29036

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Automotive service center in Chapin, South Carolina, for sale.

    Type:Retail
    Property size:
    6,730 SF
    Price / SF:
    $486/SF
    Added:
    Feb 5, 2026
    Days on Market:
    97
    Last Refresh:
    Mar 17 at 1:14 pm

    Property Features for 301 Lexington Ave

    General Information

    Standard status
    Active
    Size
    6,730 SF
    Property subtype
    Retail

    Building Details

    Year Built
    2025

    We can help!

    Listing Contact
    Alex Frankel

    Listing agent Alex Frankel License #OH 2017002396

    Listing office Marcus & Millichap - Columbus

    Listing date Feb 5, 2026

    Source Crexi

    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 Marcus & Millichap - Columbus

    HighLights

    • New construction built in 2025.
    • Part of a large multi‑brand tire dealer network affiliated with Mavis, operating over 2,000 service centers.
    • Presence of multiple operating formats including Mavis Tire, Express Oil Change & Tire Engineers, and Brakes Plus.
    • Location in Chapin, situated in the "Capital of Lake Murray."
    • Located in a small lake town setting.
    • Approximately 24 miles northwest of Columbia city center.

    Overview

    This automotive service center is located in Chapin, South Carolina, a suburb of Columbia, approximately 24 miles northwest of the city center. Chapin is known as the "Capital of Lake Murray" and is located at the northern tip of Lexington County. The property is 6,730 square feet. Mavis operates over 2,000 service centers in 38 states under three operating formats: Mavis Tire, Express Oil Change & Tire Engineers, and Brakes Plus.
    Location Intelligence

    Current Use by Public Records

    Auto shops

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Master Tech Automotive — 851 chapin rd, chapin, sc 29036
    • Mike's Garage Inc — 785 Chapin Rd, Chapin, SC 29036
    • Mac's Mobile Oil Service
    • Royson's Chapin Automotive — 851 Chapin Rd, Chapin, SC 29036
    • Elledge Automotive Services — 930 Chapin Rd, Chapin, SC 29036

    Location Insight

    • Map
    • Local Demand
    City
    Chapin
    County
    Lexington
    State
    South Carolina
    Longitude
    -81.350696
    Latitude
    34.163728

    Nearby Similar for Sale

    • $1,395,000
      2,200 SF

      Lake Murray Marina Opportunity

      Marina with restaurant, tiki hut, and boat slips for sale.
      1701 Dreher Island Road, Chapin, SC 29036
      View Details
    • Contact for pricing
      4,891 SF

      Office/Retail Building with Warehouse Space

      Well-maintained office/retail building with warehouse space and convenient location.
      115 Clark Street, Chapin, SC 29036
      View Details
    • Contact for pricing

      Downtown Chapin Office/Retail Building

      Office/retail building in downtown Chapin with conversion potential.
      105 Beaufort Street, Chapin, SC 29036
      View Details
    • $400,000
      1,410 SF

      Downtown Chapin Commercial Space Available

      Commercial space suitable for various businesses in downtown Chapin, SC.
      104 East Boundary Street, Chapin, SC 29036,
      View Details
    • $575,000
      1,800 SF

      Renovated Retail Showroom in Chapin

      1,800 SF renovated retail/showroom space in Chapin, SC.
      1638 Chapin Rd, Chapin, SC 29036
      View Details
    • Contact for pricing
      3,475 SF

      Retail Space in Chapin, SC

      Retail space available for sale in Chapin, South Carolina.
      260 Columbia Ave, Chapin, SC 29036
      View Details
    • $8,000,000
      68,356 SF

      Chapin Office Building Opportunity

      Office building available for sale or lease in Chapin.
      917 Chapin Rd, Chapin, SC
      View Details

    FAQs

    What type of property is this?
    Auto shop - Automotive service center in Chapin, South Carolina, for sale.
    Where is this auto shop located?
    The property is located at 301 Lexington Ave Chapin, SC.
    What is the asking price?
    The asking price for this property is $3,274,336.
    What are key features of this property?
    This property features: New construction built in 2025.; Part of a large multi‑brand tire dealer network affiliated with Mavis, operating over 2,000 service centers.; Presence of multiple operating formats including Mavis Tire, Express Oil Change & Tire Engineers, and Brakes Plus.
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Alex Frankel
    Real Estate License ID: OH 2017002396
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    301 Lexington Ave, Chapin, SC 29036
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!