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    505 West Franklin St Chapel Hill, NC 27516

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    For Lease
    Contact for pricing

    Retail space available at the intersection of W. Franklin and S. Graham.

    Property size:
    8,715 SF
    Lot size:
    8,715 SF

    Property Features for 505 West Franklin St

    General Information

    Size
    8,715 SF

    Source: Charlie Coyne Agent Charlie Coyne

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

    Overview

    Retail Space at Prime Location

    This retail space is located at the intersection of W. Franklin Street and S. Graham Street. The property offers 8715 square feet of space.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Franklin Lot Parking Lot THRIVE | Coworking Coworking Space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Hair Salon Dental Office Nail Salon Clothing Store Building Supply Accounting Firm

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

    Location Insight

    • Map
    • Local Demand
    City
    Chapel Hill
    County
    Orange
    State
    North Carolina
    Longitude
    -79.063173
    Latitude
    35.909832

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    FAQs

    What type of property is this?
    Retail space - Retail space available at the intersection of W. Franklin and S. Graham.
    Where is this retail space located?
    The property is located at 505 West Franklin St Chapel Hill, NC.
    What are key features of this property?
    This property features: - Prime location at the intersection of W. Franklin Street and S. Graham Street
    (919) 831-8233
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    505 West Franklin St Chapel Hill, NC 27516
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    Chapel Hill, NC 27516
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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
    505 West Franklin St Chapel Hill, NC 27516
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