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    88 Vilcom Center Dr Chapel Hill, NC 27514

    For Lease
    $20 SF/Yr ($5,583 /Mo)

    Modern Offices, Flexible Lease Options

    Lot size:
    3,350 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional Orange County office space offers two available suites within a four-building complex at 88 Vilcom Center Dr. The larger suite, totaling approximately 3,350 square feet, is ideal for larger teams and boasts a full-service lease. This expansive space features a blend of private offices, open work areas, a sizable shared kitchen, and a large conference room. Many offices enjoy abundant natural light from large windows. The smaller suite, approximately 985 square feet, provides a more compact yet functional layout with two private offices, an open area, and access to the building's shared kitchen. Both suites benefit from a convenient location, just minutes from I-40 and within walking distance of various banks, restaurants, and retail establishments. A special introductory lease rate of $20 per square foot is currently available for both spaces. The total building square footage is 3,350 square feet, with a minimum divisible space of 985 square feet and a maximum contiguous space of 3,350 square feet. Currently, 4,335 square feet are vacant. This property presents a fantastic opportunity for businesses seeking flexible and well-located office space in Orange County. The property is located in Orange County and is a multi-tenant building.

    Property Features for 88 Vilcom Center Dr

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    3,350 SF
    Total Rate
    5583.33

    Building Details

    Buildings
    4

    Unit(s) available at that property

    Space
    Suite 100
    Size
    3,350 SF
    Rate per SF
    $20
    Space
    Suite 187
    Size
    985 SF
    Rate per SF
    $20

    HighLights

    • 3,350 SF of executive office space available for lease in Orange County.
    • Two suites available: 985 SF and 3,350 SF.
    • Full‑service lease options available.
    • Both suites located in Building 4, Suite 100.
    • Amenities include private offices, open work areas, large shared kitchen, and conference room.
    • Many offices feature large windows.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    FedEx Drop Box Mailing Service Goodridge Family Dentistry Dentist Juanita Lewis Sedotti, ... Certified Public Accountant Rose Group, CPAs Certified Public Accountant Dr. Sabrina Porcher-Fennell Dentist

    Suggested Use

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

    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
    -79.052285
    Latitude
    35.9653415

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    FAQs

    What type of property is this?
    Office Property / Space - Modern Offices, Flexible Lease Options
    Where is this office property / space located?
    The property is located at 88 Vilcom Center Dr Chapel Hill, NC.
    What is the lease rate?
    The lease rate is $20 SF/Yr.
    What are key features of this property?
    This property features: 3,350 SF of executive office space available for lease in Orange County.; Two suites available: 985 SF and 3,350 SF.; Full-service lease options available.
    Request Owner's contact information
    88 Vilcom Center Dr Chapel Hill, NC 27514
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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
    88 Vilcom Center Dr Chapel Hill, NC 27514
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