Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Level Waterfront Lot in Quiet Community Title is generated by Realmo AI

    409 Dutchman Shores Circle, Chapin, SC 29036

    View on Map
    Claim this Listing
    For Sale
    $120,000

    Partially cleared waterfront land with a deep, level build site in a quiet lakeside community.

    Type:Land
    Lot size:
    0.55 Acres
    Added:
    Nov 21, 2025
    Days on Market:
    197
    Last Refresh:
    Jun 6 at 3:13 am

    Property Features for 409 Dutchman Shores Circle

    General Information

    Standard status
    Active
    Lot size
    0.55 Acres
    Property subtype
    Land

    We can help!

    Listing Contact
    Diane C Burge

    Listing agent Diane C Burge

    Listing office Douglas & Cannon Real Est LLC

    Listing date Nov 21, 2025

    Source Compass

    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 Douglas & Cannon Real Est LLC

    HighLights

    • Partially cleared lot in the Dutchman Shores lakeside community
    • Level property with a deep build site, offering 140+ ft depth
    • 0.55‑acre lot size
    • Waterfront community with lake access for walking and biking within the neighborhood
    • Includes a lake‑home build site option without lakefront taxes, per listing remarks

    Overview

    This waterfront property offers a level parcel with a partially cleared area, providing a practical starting point for site planning. The lot is described as 140+ feet deep, and it is sized at approximately 0.55 acres, offering space for a future home layout while maintaining an uncomplicated, build-ready character.

    Located at 409 Dutchman Shores Circle in Chapin, SC, the property sits within Dutchman Shores, a lakeside community where residents can enjoy a quieter, water-adjacent lifestyle. The remarks emphasize a community setting that supports easy, everyday outdoor activity, including walking and bike riding through the neighborhood.

    For buyers seeking a waterfront-adjacent building site, the combination of level terrain and existing clearing can reduce the initial work required to prepare for construction. The depth of the lot also offers room to consider placement and site design decisions for a future lake-area home. Prospective buyers should schedule an appointment to walk the property and confirm conditions and buildability for their intended plans.
    Location Intelligence

    Current Use by Public Records

    Waterfront Land

    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.

    Location Insight

    • Map
    • Local Demand
    City
    Chapin
    County
    Lexington
    State
    South Carolina
    Longitude
    -81.3335
    Latitude
    34.1436

    Nearby Similar for Sale

    • $750,000

      Prime Commercial Development Site

      3-acre commercial site with gas station approval in growing Chapin.
      1304 Amicks Ferry Road, Chapin, SC 29036
      View Details
    • $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
    • $699,999
      1,113 SF

      Chapin Commercial Land For Sale

      2-acre commercial land near I-26 with development potential.
      534 Columbia Avenue, Chapin, SC 29036
      View Details
    • $160,000
      1 SF

      Chapin Road Commercial Land

      4.05 acre commercial land for sale in Chapin, SC.
      0 Chapin Road, Chapin, SC 29036
      View Details
    • $1,000,000

      Commercial Lot in Chapin, SC

      Commercial lot ideal for restaurant, retail, or new development.
      0 Woodthrush, Chapin, SC 29036
      View Details
    • $952,000

      34 Acres in Chapin, SC

      34-acre tract with pond, road frontage, and sewer access.
      0501 Crooked Creek Road, Chapin, SC 29036
      View Details
    • $125,000

      Bay Pointe Golf Course Lot

      0.28-acre lot in Chapin's Timberlake Golf Club.
      104 Bay Pointe Drive, Chapin, SC 29036
      View Details
    • $599,000

      Chapin Residential Land with Well

      15.9 acres near Spring Hill High School in Chapin.
      1160 Bookie Richardson Road, Chapin, SC 29036
      View Details
    • $149,900

      Lake Murray Front Community Lot

      Rare 0.62 acre lot in established lakeside neighborhood.
      111 Smiths Ford Road, Chapin, SC 29036
      View Details
    • $135,000

      Chapin Waterfront Land For Sale

      Residential land with water views and club access in Chapin.
      118 Club Court, Chapin, SC 29036-8412
      View Details
    • $139,900

      Chapin Homesite Ready for Construction

      Homesite in lakefront community with resort-style amenities.
      823 Elms Spinney Lane, Chapin, SC 29036
      View Details
    • $189,900

      Golf Course View Homesite

      Homesite with golf course views and resort-style amenities.
      537 Misty Banks Drive, Chapin, SC 29036
      View Details

    FAQs

    What type of property is this?
    Waterfront Land - Partially cleared waterfront land with a deep, level build site in a quiet lakeside community.
    Where is this waterfront land located?
    The property is located at 409 Dutchman Shores Circle Chapin, SC.
    What is the asking price?
    The asking price for this property is $120,000.
    What are key features of this property?
    This property features: Partially cleared lot in the Dutchman Shores lakeside community; Level property with a deep build site, offering 140+ ft depth; 0.55‑acre lot size
    (803) 945-0301
    We can help!
    Listing Contact
    Diane C Burge
    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
    409 Dutchman Shores Circle, 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!