Old Durham Rd & Cooper St Chapel Hill, NC 27517
- Retail properties
- 0.88 lot acres
Current Use by Public Records
- Retail properties
Property Details for 0 Old Durham Rd & Cooper St
- Lot size
- 0.88 lot acres
- Property type
- Retail properties
Description
This exceptional 0.88-acre outparcel, situated at the prominent intersection of Old Durham Road and Cooper Street in Chapel Hill, North Carolina, presents a unique investment opportunity. Zoned NC (Neighborhood Commercial), this property offers significant potential for a variety of retail uses. The site boasts 98 parking spaces, ensuring ample convenience for customers. Its location within the thriving Chapel Hill submarket, specifically near a Wegmans Center, guarantees high visibility and accessibility to a substantial consumer base. The single-tenant nature of the property simplifies management and leasing, making it an attractive option for investors seeking a low-maintenance, high-return asset. The property's 0.88-acre lot size provides ample space for development or redevelopment, allowing for flexibility in tenant selection and design. Located in Orange County, this property benefits from the strong economic growth and vibrant community of Chapel Hill, a highly desirable area in North Carolina. The address is easily accessible from major roadways, ensuring convenient access for both customers and employees. This prime retail location offers a compelling opportunity for long-term growth and profitability. The property is currently available for lease.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Chapel Hill
- County
- Orange
- State
- North Carolina
- Longitude
- -79.0087
- Latitude
- 35.9442
