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Property profile & analytics
OFF-MARKET Estimated value $4,290,000
Office buildings

110 Banks Dr Chapel Hill, NC 27514-1514

9,192 SF 1.14 ac lot Built 1990
Entity Owned Absentee Owner ~ Est. High Equity
Property ID
US53-2330735
Property summary
AI-generated overview

This exceptional executive office space in Chapel Hill, North Carolina, offers a unique opportunity for businesses seeking a prestigious location. Located at 110 Banks Drive, Timberlyne Village boasts a total of 13,068 square feet across two stories, providing ample room for various business needs. Currently, there are 5,350 square feet of vacant space available for lease, including one immediately available suite of 4,020 square feet. The property is classified as a multi-tenant building, offering flexibility and potential for collaboration. The building provides convenient parking with 32 spaces available for tenants and their guests. Situated in Orange County, this property benefits from a desirable Chapel Hill address and zip code 27514, offering easy access to local amenities and a thriving business community. The building's executive office subtype ensures a professional and sophisticated environment, ideal for businesses seeking to project a strong image. This is a rare opportunity to secure high-quality office space in a prime Chapel Hill location. The available space presents a chance to customize and design a workspace to perfectly suit your company's specific requirements. Contact us today to schedule a viewing and explore the possibilities.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1990
Total area 9,192 SF
Lot 1.14 ac (49,658 SF)
Zoning code CC
APN 9880-35-3529
UPID US53-2330735
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
  • Parker Gail Dental Office
  • Jennings Marketing & Advertising Advertising Agency
  • Chapel Hill Photo Booth & Chalk Signs Shopping Center & Mall
  • VCA Timberlyne Animal Hospital Veterinary Clinic
  • Arash Khani, DDS Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$5.91M
Blend (final) Blend
$4.29M
Owner & transaction history
Timberlyne Nc LLC
Timberlyne Nc LLC
since 2025
Last sale
$4.3M
7 recorded transactions
2025
$4.3M
2020
$3.1M
2018
Price N/A
2007
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
CC · Chapel Hill, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

The community commercial (CC) district is intended to provide for the development of high intensity commercial and service centers that serve community wide or regional commercial and service needs

Zone name Community Commercial
General category COMMERCIAL
Zone area 181.75 ac
Source Realmo
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