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Property profile & analytics
FOR SALE
Commercial land

406 Lexington Ave Chapin, SC 29036

1,187 SF 0.54 ac lot Built 1925
Entity Owned 2-yr Hold Free & Clear
Property ID
US77-0962020
406 Lexington Ave, Chapin, SC 29036 For Sale
Contact for pricing 1,187 SF
406 Lexington Ave, Chapin, SC 29036
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Property summary
AI-generated overview

This exceptional 0.52-acre commercial land parcel presents a remarkable opportunity in the thriving Downtown Chapin area. Located at 406 Lexington Ave, Chapin, SC 29036, this property boasts a level topography and excellent visibility, featuring 112 feet of frontage on Chapin Road, a thoroughfare with a high volume of daily traffic (13,450 vehicles per day). The property is zoned GC (General Commercial), allowing for a wide range of development possibilities. Envision a retail strip center, office complex, or medical facility thriving in this strategic location. The site's convenient access to essential utilities, including water and sewer, simplifies the development process. Its proximity to Chapin High School, Chapin Crossing shopping center, and the newly constructed Lowe's Foods further enhances its appeal and potential for success. This is an ideal location for businesses seeking high visibility and a strong presence in a rapidly growing community. The property's size and zoning make it a versatile option for a variety of commercial ventures. Don't miss this chance to acquire a prime piece of commercial real estate in the heart of Chapin, South Carolina.

Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Year built 1925
Total area 1,187 SF
Lot 0.54 ac (23,522 SF)
Zoning code OC
APN 000717-02-035
UPID US77-0962020
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
by Request
Owner & transaction history
South Carolina Department Of Trans · 2 yrs held
South Carolina Department Of Trans
since 2024
Last sale
$3,750
6 recorded transactions
2024
$3,750
2019
$84,500
2018
Price N/A
2016
$83,000
1969
Price N/A
1969
Price N/A
Zoning & alternative use
OC · Chapin, SC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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