161 Chapin Rd Chapin, SC 29036
- Commercial real estate
- 1,616 SF
- 1.10 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 161 Chapin Rd
- Year built
- 1966
- Construction
- BRICK
- Lot size
- 1.10 lot acres
- Property size
- 1,616 SF
- Zone code
- ID
- Property type
- Commercial real estate
- APN
- 001200-01-001
- APU
- 120001001
Description
This exceptional commercial property, located at 161 Chapin Road in Chapin, South Carolina, presents a unique investment opportunity. Boasting 1,616 square feet of versatile space situated on a 1.1-acre lot, this property offers significant potential for a variety of business ventures. Its prime location on Highway 76/Chapin Road provides unparalleled visibility and accessibility, with an impressive 171 feet of road frontage ensuring high traffic exposure. The property's expansive size is ideal for office, retail, or mixed-use development, catering to a wide range of business needs. Ample parking is available, further enhancing its appeal to both businesses and customers. The high-traffic location offers easy access to Interstate 26, providing convenient connectivity to a larger regional market. This property represents a rare chance to acquire a significant commercial space in a thriving and highly sought-after area, promising strong returns on investment and substantial growth potential. The combination of size, location, and visibility makes this an exceptional opportunity for discerning investors.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $255,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $255,000
- 6.5%
- $235,000
- 7%
- $260,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $285,000
- Geo Method
- $250,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $300,000
- Retail
- $280,000
- Mixed-Use
- $280,000
- Hospitality
- $255,000
- Educational
- $265,000
- Residential Income
- $295,000
- Energy
- $260,000
- Income-Based Land
- $245,000
- Food Service
- $290,000
Location Insight
- Map
- Local Demand
- City
- Chapin
- County
- Lexington
- State
- South Carolina
- Longitude
- -81.3115
- Latitude
- 34.1371
- CBSA code
- 17900
- CBSA name
- COLUMBIA, SC METROPOLITAN STATISTICAL AREA