1925 Chapel Hill Rd Durham, NC 27707
- Grocery and convenience stores
- 1,464 SF
- 0.71 lot acres
Current Use by Public Records
- Hussco / Gas Station / Convenience Store
- Fast Lane / Gas Station
- Taqueria Monte Alban Foodtruck / Oaxacan Restaurant
- LibertyX Bitcoin ATM / Atm
- Circle K / Gas Station
Property Details for 1925 Chapel Hill Rd
- Year built
- 1985
- Lot size
- 0.71 lot acres
- Property size
- 1,464 SF
- Zone code
- CN
- Property type
- Grocery and convenience stores
- APN
- 107969
- APU
- 107969
Description
This exceptional 0.71-acre retail property, located at 1925 Chapel Hill Road in Durham, NC, presents a unique investment opportunity. Situated within the thriving Lakewood Shopping Center, this property benefits from high visibility and significant foot traffic due to its location on a well-traveled route. The property includes both land and building, offering considerable potential for a variety of retail uses. The existing building is currently leased, providing immediate income potential. The surrounding area is experiencing substantial growth, with a vibrant mix of boutique shops, diverse restaurants, a grocery store, and the Scrape Exchange, creating a strong and attractive retail environment. This property is ideal for an investor seeking a stable, income-generating asset in a rapidly developing area of Durham. The sale includes the land and building only
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
- Durham
- County
- Durham
- State
- North Carolina
- Longitude
- -78.9257
- Latitude
- 35.9875
- CBSA code
- 20500
- CBSA name
- DURHAM-CHAPEL HILL, NC METROPOLITAN STATISTICAL AREA