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Property profile & analytics
OFF-MARKET Estimated value $565,000
Strip malls

223 Columbia Ave Chapin, SC 29036-8322

3,674 SF 0.71 ac lot Built 1968
Entity Owned 2-yr Hold ~ Est. High Equity
Property ID
US77-3097789
Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1968
Total area 3,674 SF
Lot 0.71 ac (30,928 SF)
Zoning code OC
APN 000719-02-012
UPID US77-3097789
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
$590k
CAP Approach CAP
$815k
Comparable Approach Comparable
$572k
Blend (final) Blend
$565k
Owner & transaction history
Lou & Jo Properties LLC · 2 yrs held
Lou & Jo Properties LLC
since 2023
Last sale
$620,000
6 recorded transactions
2023
Price N/A
2023
$620,000
2017
Price N/A
2012
$454,500
2003
$122,500
1969
Price N/A
Zoning & alternative use
OC · Chapin, SC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

Type of Accessory Use RA RR SR1 SR2 SR3 TR1 TR2 TR3 VC TC PI CC IC OC LI PO Accessory Dwelling Unit P P P P P C C Automated Teller Machine (ATM) P P P P P P Beekeeping P P C C Boat house and/or dock C C C C C C Caretaker Dwelling SE SE SE P Carport P P P P P P P SE SE Chicken Coop* P P P P P SE SE SE SE Co-locating for antennae (on a structure) SE SE SE SE S…

Zone name Office Commercial
General category COMMERCIAL
Zone area 45.72 ac
Top alternative use upside
Medical building $780,000 +99.7%
Commercial (general) $505,000 +29.0%
Office building $450,000 +15.1%
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