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    Old Durham Rd & Cooper St Chapel Hill, NC 27517

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    For Sale
    Contact for pricing

    0.88 acres in Chapel Hill, shadow-anchored by Wegmans.

    Source: Atlanticretail

    Listing Agent: Micah Groeber

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

    Overview

    Chapel Hill Land Near Wegmans

    This 0.88-acre commercial land parcel is available in Chapel Hill, North Carolina. The site benefits from a location shadow-anchored by Wegmans. The current zoning is NC (Neighborhood Commercial). The property features cross parking and cross access to Wegmans overflow parking, providing an additional 98 spaces. A roundabout at the primary entrance facilitates full access along Old Durham Road. The Chapel Hill submarket presents high barriers to entry.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Chapel Hill
    County
    Orange
    State
    North Carolina
    Longitude
    -79.0222
    Latitude
    35.8707

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    FAQs

    What type of property is this?
    Commercial land - 0.88 acres in Chapel Hill, shadow-anchored by Wegmans.
    Where is this commercial land located?
    The property is located at Old Durham Rd & Cooper St Chapel Hill, NC.
    What are key features of this property?
    This property features: - Shadow anchored by Wegmans, a major grocery store chain.; - Located in Chapel Hill, NC, a desirable area.; - High barriers of entry in the Chapel Hill submarket.
    (704) 697-1902
    Request Owner's contact information
    Old Durham Rd & Cooper St Chapel Hill, NC 27517
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    Chapel Hill, NC 27517
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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
    Old Durham Rd & Cooper St Chapel Hill, NC 27517
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