Improved at 516 W Chapin Road, Aberdeen, NC 28315, Aberdeen
Improved at 516 W Chapin Road, Aberdeen, NC 28315, Aberdeen, photo 2 of 3
Improved at 516 W Chapin Road, Aberdeen, NC 28315, Aberdeen, photo 3 of 3
3 photos

$600,000

516 W Chapin Road, Aberdeen, NC 28315
Aberdeen, NC 28315
Listed by Fabio Augusto De Lemos Echeverria · REAL Broker LLC
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
1979

About this home

Own a piece of Aberdeen Station's next chapter. This offering combines Lots 6 REV, 6-B and 6-C, totaling approximately 1.35 acres. The property includes a 5,500 SF, single-story brick building within the mixed-use redevelopment of the former Aberdeen school campus. Formerly used for kindergarten, the property offers an adaptive-reuse opportunity for an owner-user or investor, including the outdoor area labeled playground on the conceptual masterplan. The planned development permits a broad range of uses, including daycare, office, medical, retail, personal services, education/training and fitness, subject to applicable conditions and approvals. Explore a dedicated business location or a multi-tenant concept, subject to layout, parking and code requirements. Surrounding campus investment includes active renovation of the main school building, three leased business spaces, and upgrades to the operational Town gymnasium and auditorium. Planned additions include a food truck park, The Story Garden event venue with an outdoor amphitheater, and residential development. Together, these projects offer the potential for an interconnected campus of businesses, recreation and community activity. Future phases and timing remain subject to approvals and development progress. Offered vacant and as-is for renovation. Water, sewer and electrical access are available, but utilities are not operational. Parking and site improvements are required; parking shown on the masterplan is conceptual. Temporary gravel parking is subject to Town review and approval. A development POA is planned but not yet established. Seller financing considered with a minimum 50% down, subject to negotiated terms. Listing broker has an ownership interest in the selling entity.

Property details

MLS #
100605501
Property type
Improved
Subdivision
Aberdeen
Status
Active
Days on market
16
On market date
September 22, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
1.35 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card (e.g. NC Dept. of Public Instruction, SC Report Card).

Elementary
Aberdeen Elementary
1.82 mi away · Grades -1-5
Zoned school (attendance boundary, 2015-16 data)
2.3
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: D (2025)
Enrollment
666
Student:teacher ratio
15.5:1
District
Moore County Schools
Middle
Southern Middle
0.98 mi away · Grades 6-8
Zoned school (attendance boundary, 2015-16 data)
3.0
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: C (2025)
Enrollment
630
Student:teacher ratio
15.8:1
District
Moore County Schools
High
Pinecrest High
3.1 mi away · Grades 9-12
Zoned school (attendance boundary, 2015-16 data)
3.4
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: B (2025)
Enrollment
2,219
Student:teacher ratio
21.1:1
District
Moore County Schools

Walkability

Blended score for Aberdeen's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

64
Walkable
out of 100
EPA National Walkability Index
9.2 / 20 -- Below average walkable
Google Places amenity density
90 / 100
Restaurants & cafes20
Grocery stores9
Parks1
Schools3
Transit stops4
Pharmacies9

Mortgage calculator

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Est. monthly payment
$3,763/mo
$120,000 down
$480,000 loan
Principal & interest$3,113
Property tax (est.)$500
Home insurance (est.)$150

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Data source: Listing information provided by Hive MLS via Trestle/CoreLogic. Last updated 16 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.