Property profile

250 Elliott Rd Chapel Hill, NC 27514

OFF-MARKET
Retail properties & Spaces
6,460 SF
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Property summary

AI-generated overview

This exceptional 6,460 square foot commercial property, located at 250 S Elliott Rd in Chapel Hill, North Carolina, presents a unique opportunity for businesses seeking a vibrant and functional workspace. Classified as a Class B building, this multi-tenant property offers a blend of retail and office space, specifically designed as creative office and showroom space. Currently, 2,153 square feet are available for lease, providing ample room for expansion or a new tenant to establish their presence. Situated in Orange County, with easy access to key transportation routes, this location offers unparalleled convenience and visibility. The property's design caters to businesses requiring flexible and adaptable spaces, perfect for creative industries or companies needing a blend of showroom and office functionality. The address, 250 S Elliott Rd, 27514, places the property in a thriving area of Chapel Hill, offering proximity to amenities and a strong local workforce. This is an ideal opportunity to secure a well-located, versatile commercial space in a desirable North Carolina market. The building's existing infrastructure provides a solid foundation for immediate occupancy, minimizing upfront investment and allowing businesses to focus on growth and operations. Don't miss this chance to secure prime commercial real estate in the heart of Chapel Hill. Inquire today to learn more about leasing options and explore the possibilities this property offers.

Property profile

Verified
Property type Retail properties & Spaces
Total area 6,460 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
  • Television Studio Media Distribution
  • Theater & Performing Art Venue
  • Training Center Tutoring Service
  • Furniture & Home Goods

Location

250 Elliott Rd Chapel Hill, NC 27514
Chapel Hill metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Blend (final) Blend
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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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