Property profile

127 Franklin St Chapel Hill, NC 27514

OFF-MARKET
Commercial real estate
Property ID
US53-2007607
2,145 SF 0.06 ac lot Built 1920
Entity Owned 1-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1920
Total area 2,145 SF
Lot 0.06 ac (2,614 SF)
Zoning code TC-1
APN 9788-37-6465
UPID US53-2007607

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

127 Franklin St Chapel Hill, NC 27514-3620
Chapel Hill metro Census 11400 DURHAM-CHAPEL HILL, NC METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
$435k

Owner & transaction history

since 2025
Last sale
$1.5M
5 recorded transactions
2025
$1.5M
2023
$823,000
2023
Price N/A
2012
Price N/A
2009
Price N/A

Zoning & alternative use

TC-1 · Chapel Hill, NC
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 c…

General category CIVIC_INSTITUTIONAL

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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