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    5314 Jean Ave Durham, NC 27707

    For Lease
    Contact for pricing

    Land for lease with high visibility and traffic counts.

    Property size:
    1 SF
    Lot size:
    1.52 Acres

    Property Features for 5314 Jean Ave

    General Information

    Size
    1 SF
    Lot size
    1.52 Acres

    Source: Whit Brannon Agent Whit Brannon

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Prime Land Lease Opportunity

    This property presents an opportunity for long-term ground leases at the intersection of Garrett Road and Old Chapel Hill Road. The site benefits from high visibility and exposure, situated adjacent to Hope Valley and the Blue Cross Blue Shield headquarters. It is located approximately 1 mile from Durham-Chapel Hill Boulevard retailers and centrally positioned between downtown Durham (approximately 5 miles) and Chapel Hill (approximately 2 miles), with convenient access to I-40 (approximately 2.5 miles). The location benefits from high traffic counts, with approximately 22,000 vehicles per day on Old Chapel Hill Road and approximately 20,000 vehicles per day on Garrett Road.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Durham
    County
    Durham
    State
    North Carolina
    Longitude
    -78.9706455
    Latitude
    35.946105

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    FAQs

    What type of property is this?
    Land - Land for lease with high visibility and traffic counts.
    Where is this land located?
    The property is located at 5314 Jean Ave Durham, NC.
    What are key features of this property?
    This property features: - Prominent location at the intersection of Garrett and Old Chapel Hill Road, offering great exposure and visibility.; - High traffic area with approximately 22,000 vehicles per day on Old Chapel Hill Road and approximately 20,000 vehicles per day on Garrett Road.; - Strategic location centrally positioned between downtown Durham (approximately 5 miles) and Chapel Hill (approximately 2 miles).
    (919) 667-6226
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5314 Jean Ave Durham, NC 27707
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