Date
Details
Price
Change
Source
9/24/2025
Listed
$480,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/27
$480,000
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1/27
Property Description
This 6,000 sq ft former school building sits on a deep 1.35-acre site within the approved Aberdeen Station mixed-use development and features four large classroom-style rooms, a central hallway, and dedicated men's and women's restrooms-making it well-suited for uses such as daycare, private school, tutoring, church, therapy/rehab, wellness, or professional/medical offices. All public utilities are in place, and the slab foundation, flat roof, and spacious lot offer plenty of room for parking, outdoor activity areas, or future expansion. Offered in shell condition, the property gives an owner-user or investor the rare opportunity to design a fully customized interior without the cost or timeline of ground-up construction. The building may be acquired individually or combined with the adjacent 711 N Chapin Road property to create a larger Aberdeen Station campus, with the seller open to SBA-friendly buyers, joint ventures, sale, lease, or lease-to-own options.
Full Property Details
Full Property Details for 516 W Chapin Rd
General
- Price: $480,000
- Taxes: (2025)
- Status: Active
- Type: Commercial Service
- Source: 2253
- MLS ID: 100532378
- Updated: 5/13/2026
- Added to Site: 234 day(s) ago
Business
- Business Type: Professional/Office, Mixed, Commercial, Professional
Location
- County: Moore
- Subdivision: Aberdeen
- Driving Directions: US 1 S from Southern Pines. Turn right onto Elm St. Right in the old elementary school.
Heating & Cooling
- Cooling Type: None
- Heating Type: Electric, None
Utilities
- Sewer: Public Sewer, Municipal Sewer
- Water: Public, Public2
- Utility Description: See Remarks
Structural Information
- Construction: Block, Brick Veneer
- Roof: Flat
- Ceiling Type: 11
- Square Feet: 5,500
- Current Bldg. Use: Vacant
- Year Built: 1979
Lot Features
- Lot Size (Acres): 0.6
- Lot Size (Sq. Ft.): 26,136
- Lot Dimensions: irregular
- Lot Features: Interior Lot
- Zoning: ABERDE
Financial Considerations
- For Sale: Yes
- Price Per Sq. Ft.: $87.27
- For Sale/Rent/Lease: Sale
- Assessment Amount: $429,070
- Tax Year: 2025
- Terms: Joint Venture, SBA, Cash, Conventional
Disclosures and Reports
- Special Conditions: Standard
- Legal Description: LOT 6
- Property ID: 20240719
- Block: 403
Listed by Keller Williams Pinehurst, Angela Thompson Group and Keller Williams Pinehurst, Angela C Thompson
We Value Your Privacy
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Listing agents
— 516 W Chapin Rd —
Angela Thompson Group
Keller Williams Pinehurst
Angela C Thompson
Keller Williams Pinehurst
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 516 W Chapin Rd
School District:Moore County Schools
| Name | Grades | Distance |
|---|---|---|
Aberdeen Elementary School 525 Farrell Parkway, Aberdeen, NC 28315 | K-5 | 1.8 mi |
Southern Middle School 717 Johnson Street, Aberdeen, NC 28315 | 6-8 | 1 mi |
Pinecrest High School 250 Voit Gilmore Lane, Southern Pines, NC 28387 | 9-12 | 3.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 516 W Chapin Rd
Tax History
Tax History for 516 W Chapin Rd
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,229
—
$429,070
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 516 W Chapin Rd
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516 W Chapin Road, Aberdeen, NC 28315 (MLS# 100532378) is a Commercial Service property. 516 W Chapin Road is currently listed for $480,000 and was received on September 24, 2025. Want to learn more about 516 W Chapin Road? Do you have questions about finding other Commercial Service real estate for sale in Old Bethesda? You can browse all Old Bethesda real estate or contact a Coldwell Banker agent to request more information.