Old Durham Rd & Cooper St Chapel Hill, NC 27517
- Retail properties
- 2,000 SF
- 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 size
- 2,000 SF
- Property type
- Retail properties
Description
This exceptional 2,000 square foot retail outparcel presents a compelling investment opportunity in the thriving Chapel Hill, North Carolina market. Situated on a 0.88-acre lot at the intersection of Old Durham Road and Cooper Street, this property benefits from a highly desirable NC (Neighborhood Commercial) zoning designation. The site enjoys a strategic location shadow-anchored by a Wegmans grocery store, ensuring high visibility and significant foot traffic. Adding to its appeal, the property includes 98 conveniently located parking spaces, providing ample parking for customers and employees. This parking is shared with the adjacent Wegmans, offering convenient cross-access and overflow parking capabilities. The property's accessibility is further enhanced by a roundabout at the primary entrance on Old Durham Road, ensuring easy ingress and egress. This combination of prime location, convenient parking, and favorable zoning makes this outparcel an ideal investment for a variety of retail uses. The high barriers to entry in the Chapel Hill submarket contribute to the long-term value and stability of this exceptional property. This is a rare opportunity to acquire a well-positioned retail asset in a highly sought-after location.
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
