Prime Land in Chapel
For Sale
$1,782,000
112 Old Durham Rd, Chapel Hill, NC 27517
High-visibility land suitable for commercial development in a prime location.
Property SizeContact for details
Days on Market168
Property Features for 112 Old Durham Rd
General Information
Standard status
Active
Property subtype
Retail/Multi-Family/Fast Food - Land
Listing Agency:
NAI Tri Properties
(919) 281-2318
Listed By:
Rob Griffin · License #NC272219
Source:
Naiglobal
Added: Mar 6
Changed: Jul 6
Last Checked: Aug 20 at 4:28AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NAI Tri Properties
Investment Insights
Based on property information with market context.
This property is zoned for versatile use and is situated amidst a mix of residential, retail, and medical developments. The location offers high visibility, with approximately 7,800 vehicles passing by daily on Old Durham Road, and visibility from an additional 43,000 vehicles daily on 15-501. It also provides convenient access to US-15/501 and I-40. The property is located in the Raleigh/Durham area and presents high potential for commercial development due to its excellent visibility, accessibility, and flexible usage options, as well as its proximity to major highways and transportation hubs.
Key Highlights
- Prime location in the Raleigh/Durham area with high potential for commercial development.
- Excellent visibility from Old Durham Road (7,800 vehicles daily) and US‑15/501 (43,000 vehicles daily).
- Zoned CC, offering flexible usage options.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,277
Businesses Nearby
Explore this area
Business Placement
Demographics for 27517, NC
28,837
Population
13,015
Households
2.2
Avg Household Size
44
Median Age
75%
College-Educated
95%
High-School Grad
46.0 sq mi
ZIP Area
627
Density / Sq Mi
$124,821
Median Household Income
$60,005
Median Earnings
$1,518
Median Rent
$571,900
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - High-visibility land suitable for commercial development in a prime location.
Where is this commercial land located?
The property is located at 112 Old Durham Rd Chapel Hill, NC.
What is the asking price?
The asking price for this property is $1,782,000.
What are key features of this property?
This property features: Prime location in the Raleigh/Durham area with high potential for commercial development.; Excellent visibility from Old Durham Road (7,800 vehicles daily) and US‑15/501 (43,000 vehicles daily).; Zoned CC, offering flexible usage options.
