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Property profile & analytics
OFF-MARKET
Estimated value
$4,390,000
Strip malls
1419 Chapin Rd Chapin, SC 29036-3100
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US77-0504338
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1992
Total area
61,972 SF
Lot
7.82 ac (340,639 SF)
Zoning code
GC
APN
000723-02-025
UPID
US77-0504338
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.39M
Owner & transaction history
1419 Chapin Road LLC & 60th Drive R · 1 yrs held
1419 Chapin Road LLC & 60th Drive R
since 2025
Last sale
$6.1M
6 recorded transactions
Zoning & alternative use
GC · Chapin, SC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Chapin submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Chapin submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$6,585,000
Current use
Blend value · Realmo final
$4.39M
Range $3.95M – $4.83M · ±10% · vs last sale $6.10M (Mar 26 2025)
Last sale anchor
$6.10M
Mar 26 2025
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$71 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$138,717
Tax year 2023
Assessed value
$308,966
Assessed 2023
Previous assessed
$308,966
+0.0% YoY
Effective rate
44.90%
On assessed value
Assessed land
$104,114
Assessed improvement
$204,852
Land market value
$1,735,231
Improvement market value
$3,414,195
Total market value
$5,149,426
Applied tax rate
5.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1992
Heating
CENTRAL
Bathrooms
2
Total area
61,972 SF
Lot
7.82 ac (340,639 SF)
Zoning code
GC
APN
000723-02-025
UPID
US77-0504338
Jurisdiction
LEXINGTON
Zoning & alternative use
GC · Chapin, SCZoning GC · permitted uses
GC · Chapin, SC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$6.6M
NEIGHBORHOOD: SHOPPING CENTER Current
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1992
Heating
CENTRAL
Bathrooms
2
Lot
7.82 ac
Current owner
From public records · entity-resolved
1419 Chapin Road LLC & 60th Drive R
Entity
Mailing address
STE 202, GREENSBORO, NC 27408
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 24, 2025
$6,100,000
1419 Chapin Road LLC & 60th Drive R
Soley Chapin Center LLC
Deed
related
—
Jun 26, 2025
$6,100,000
1419 Chapin Road LLC
Soley Chapin Center LLC
Deed
$4,300,000 · Ameris Bank
Jul 13, 2016
—
Southeast Restaurants Corp
—
Deed
related
$8,300,000 · Suntrust Bk
Dec 16, 2014
$5,450,000
Soley Chapin Center LLC
Chapin Center LLC
Special Warranty Deed
$4,604,000 · Truliant FCU
—
—
Soley Chapin Center LLC
—
Deed Of Trust
related
$4,850,000 · Bank Of Ny Mellon
—
—
Southeast Restaurants Corp
—
Deed Of Trust
related
$8,300,000 · Suntrust Bk
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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