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Property profile & analytics
OFF-MARKET
Office Spaces

205 Sage Rd Chapel Hill, NC 27514

20,878 SF Built 2002
Property ID
Property summary
AI-generated overview

This exceptional two-story medical office building, totaling 20,878 square feet, presents a fantastic opportunity in Orange County. Currently, 2,091 square feet of readily available space is perfect for expansion or a new practice. Built in 2002, the building boasts recently replaced roofing and HVAC systems, ensuring optimal functionality and energy efficiency. Common areas and lobbies have undergone recent renovations, creating a modern and inviting atmosphere for patients and staff. The building features a generous parking ratio of 5 spaces per 1,000 square feet, providing ample parking for tenants and their clients. Its strategic location offers unparalleled convenience, situated less than half a mile from the intersection of I-40 and 15-501, ensuring easy accessibility for patients and staff. The property is a multi-tenant building, providing a collaborative and thriving environment. This is an ideal opportunity for medical professionals seeking a well-maintained, conveniently located, and modern space to establish or expand their practice. The available space is ready for immediate occupancy. Contact us today to schedule a viewing.

Property profile
Verified
Property type Office Spaces
Year built 2002
Total area 20,878 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Kimberly Ward Physician
  • Tamina Crook Physician
  • Amanda Biesecker Physician
  • Kristen Tucker Physician
  • Jaleh Estes Physician
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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