Financial
Distress signals
Property profile

601 Franklin St Chapel Hill, NC 27516

OFF-MARKET
Commercial real estate
Property ID
US53-2441051
1,224 SF 0.11 ac lot Built 1995
Last sale Dec 2019 · $1,527,500
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$11k
Tax billed · 2023
Assessed value$623k
Assessed land$479k
Assessed improvement$144k
Effective rate1.72%

Value estimate

· Sep 2026
$1.53M
$1.38M – $1.68M
AI approach$1.53M
Submarket $/SF estimate$1.70M

Realmo valuation models over county records and 11 qualifying comparable sales.

Recently sold

What actually traded nearby?
$836/SF
Submarket average, outlier-cleaned · 43 recorded sales of this use type
Observed band · Q1–Q3$306 – $1,387
Qualifying comparables11

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
TC-2
The town center (TC) districts are intended to provide for the development of the commercial, service and social center of Chapel Hill wh...
General categoryCIVIC_INSTITUTIONAL
JurisdictionORANGE

Location intelligence

Which uses thrive at this corner?
Best fit: Laundry Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Laundry Service9.6
Locksmith9.1
Electrical Service9.0

Location

601 Franklin St Chapel Hill, NC 27516-2316
County assessor Recorded deeds · 4 transfers 11 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
405 Franklin St, Chapel Hill, NC 27516-2350 $3,110,000 Mar 2025 1,800 SF
104 Graham, Chapel Hill, NC 27516-2322 $1,200,000 Jul 2024 1,078 SF
120 Franklin, Chapel Hill, NC 27516-2516 $5,000,000 Jan 2024 1,102 SF
401 Franklin, Chapel Hill, NC 27516-2314 $3,110,000 Jan 2023 1,200 SF
454 Franklin, Chapel Hill, NC 27516-2313 $800,000 Oct 2022 1,817 SF
423 Franklin, Chapel Hill, NC 27516-2314 $825,000 Aug 2021 960 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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