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Property profile & analytics
FOR LEASE
Office buildings

109 Church St Chapel Hill, NC 27516

414 SF 0.58 ac lot Built 1952
Individually Owned 10-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US53-1024119
Property summary
AI-generated overview

This exceptional 6,000 square foot retail space is available for lease at 109 Church Street in Chapel Hill, North Carolina. Located in Orange County, this single-tenant property presents a unique opportunity for businesses seeking a prominent location in a vibrant and thriving community. The entire 6,000 square feet is currently vacant, offering a blank canvas for a prospective tenant to customize the space to perfectly suit their needs. The property's address, 109 Church Street, places it within easy reach of a high volume of foot traffic and enjoys excellent visibility. This makes it ideal for a wide range of retail businesses, from boutiques and restaurants to service providers and specialty shops. The property's size allows for ample space for inventory, display, and customer service areas. Chapel Hill's strong economy and diverse population provide a robust customer base for any business operating in this location. The property is classified as commercial retail and offers a single tenancy, ensuring exclusive use and control of the entire space. This presents a rare opportunity to establish a significant presence in a highly desirable area of Chapel Hill. Interested parties are encouraged to inquire for lease terms and conditions. The property is situated at 35.9128324 latitude and -79.0587642 longitude, in zip code 27516.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1952
Total area 414 SF
Lot 0.58 ac (25,265 SF)
Zoning code TC-2
APN 9788-27-4180
UPID US53-1024119
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
  • UNC Office of Technology Commercialization Academic Department
  • UNC Office of Commercialization and Economic Development Academic Department
  • NanoVest Financial Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Antoine A Puech · 10 yrs held
Antoine A Puech
since 2016
3 recorded transactions
2018
Price N/A
2016
$2.0M
2016
Price N/A
Zoning & alternative use
TC-2 · Chapel Hill, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

The town center (TC) districts are intended to provide for the development of the commercial, service and social center of Chapel Hill while maintaining its character, its pedestrian oriented scale, and its nature as a concentration of business, administrative, financial, governmental and support functions serving the community and to encourage further resid…

Zone name Town Center 2
General category CIVIC_INSTITUTIONAL
Zone area 56.47 ac
Source Realmo
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