Property profile

1129 Weaver Dairy Road Ext Chapel Hill, NC 27514

OFF-MARKET
Community centers
112,925 SF Built 1981
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Property summary

AI-generated overview

This exceptional retail investment opportunity presents 112,925 square feet of prime retail space at Timberlyne Shopping Center, located at 1129 Weaver Dairy Road, Chapel Hill, NC 27514. Built in 1981 and renovated in 2015, this community center boasts a strong tenant mix, anchored by a Food Lion Supermarket, and includes Town & Country Hardware and the U.S. Post Office. Five spaces are currently available, ranging from 1,000 to 9,617 square feet, offering flexibility for various retail businesses. The property features ample parking with 610 spaces, ensuring convenient access for customers. Its strategic location just east of Martin Luther King Blvd (Hwy 86), less than a mile from I-40, provides excellent visibility and accessibility. Weaver Dairy Road sees an average daily traffic count of 13,000 vehicles, further enhanced by the 24,000 vehicles daily on Martin Luther King Blvd/Hwy 86. Multiple entrances ensure easy ingress and egress, maximizing convenience for both shoppers and businesses. This well-established center serves a thriving residential community in Orange County, North Carolina.

Property profile

Verified
Property type Community centers
Year built 1981
Total area 112,925 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Gym & Fitness Center

Location

1129 Weaver Dairy Road Ext Chapel Hill, NC 27514
Chapel Hill metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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