104 Snapdragon CtChapin, SC 29036

Property Details for 104 Snapdragon Ct

Year built

2022

Lot size

1.23 AC

Property size (Sq ft)

11,300 SF

Zone code

ID

Property type

Specialty properties

Property subtype

Day care centers & nurseries

APN

000700-04-089

APU

70004089

Description

This exceptional 1.25-acre lot in Chapin, South Carolina, presents a unique investment opportunity for owner-users. Located at 104 Snapdragon Ct, 29036, in the highly desirable Legacy Park, this property boasts a prime location on a main thoroughfare with 14,000 vehicles passing daily. The lot is zoned GC and features existing city water and sewer infrastructure, simplifying development. Its flat topography makes construction straightforward. Legacy Park is an established, Class A development already home to successful businesses, including a veterinary hospital and pharmacy. This location benefits from Chapin's reputation as having South Carolina's top-rated school system and its proximity to Lake Murray, attracting a high-quality residential population. The asking price is $425,000, making it an attractive proposition for medical practices, physician's offices, or other commercial ventures seeking a high-visibility location in a thriving community. The APN is 00070004089. This is an owner/user investment opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $1,661,199

  6.5%

  $1,533,414

  7%

  $1,423,885

• Comparable approach

  Method

  Valuation

  Relative Method

  $950,851

  Geo Method

  $2,200,573

• Alternative Use

  Use

  Valuation

  Residential

  $1,945,201

  Hospitality

  $1,781,794

  Educational

  $1,482,431

  Medical

  $1,533,414

  Retail

  $2,306,004

Location Insight

City

Chapin

County

Lexington

State

South Carolina

Latitude

34.1533

Longitude

-81.3358

CBSA code

17900

CBSA name

COLUMBIA, SC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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