Property summary
Exceptional commercial land investment opportunity in Chapin, South Carolina, available in parcels ranging from 0.84 to 4.45 acres. This property is part of the high-performing Chapin Crossings Shopping Center, anchored by a Publix supermarket that boasts some of the best sales figures in the Carolinas since its opening in Q3 2016. The center also features a strong lineup of national tenants including Anytime Fitness, Pacific Dental, Marco's Pizza, Jersey Mike's, and Verizon Wireless. These businesses benefit from a wider-than-average customer draw due to the surrounding lakefront residential areas. A new building was added to the center in Q3 2018. The location is ideal, situated in the heart of downtown Chapin near Lake Murray, a high-growth market. The property is zoned for General Commercial use and presents excellent potential for various businesses, including retail, fast food, medical/urgent care, pet supply stores, banks/credit unions, and restaurants (breakfast and dinner). The area's economic strength is further enhanced by the presence of Samsung's new home appliance manufacturing facility in nearby Newberry, employing approximately 800 workers. High traffic counts of 13,400 vehicles per day (VPD, 2021) underscore the significant visibility and accessibility of this location. This is a rare opportunity to acquire land in a thriving, established commercial center.
Property profile
VerifiedCap rate & NOI
Current use
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Pharmacy
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Specialty Food Shop Supermarket
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Bank Loan Service
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Atm
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Bank Credit Union
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
GC · Chapin, SCZoning
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Zoning designation
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