Financial
Distress signals
Property profile

140 Franklin St Chapel Hill, NC 27516

OFF-MARKET
Commercial real estate
Property ID
US53-4750186
25,019 SF Built 2012
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional 6,800 square foot commercial space, located at 140 West Franklin Street, Suite 190, in Chapel Hill, North Carolina, presents a rare opportunity. Situated within a larger building totaling 365,864 square feet, this second-generation restaurant space boasts a unique indoor-outdoor bar and expansive outdoor areas. Built in 2013, the property sits on 1.74 acres of land (APN: 9788-27-8230.149) and is ideally positioned on Franklin Street, a vibrant area known for its high foot

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?
$93k
Tax billed · 2023
Assessed value$5.60M
Assessed improvement$5.60M
Effective rate1.67%

Value estimate

· Sep 2026
$3.40M
$3.06M – $3.73M
CAP approach$4.68M
Submarket $/SF estimate$4.64M

Realmo valuation models over county records.

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

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

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionORANGE

Location intelligence

Which uses thrive at this corner?
Best fit: Storage Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Storage Facility9.1
Locksmith9.1
Electrical Service8.7

Location

140 Franklin St Chapel Hill, NC 27516-2536
County assessor Recorded deeds · not on file Qualifying comp sales · not on file Zoning catalog · not on file

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
419 Franklin, Chapel Hill, NC 27516-2314 $1,675,000 Jan 2025 8,664 SF
108 Graham, Chapel Hill, NC 27516-2322 $1,110,000 Oct 2024 4,560 SF
102 Franklin, Chapel Hill, NC 27516-2516 $394,500 Jan 2024 5,400 SF
210 Franklin, Chapel Hill, NC 27516-2520 $3,000,000 Jan 2024 6,000 SF
306 Franklin St Ste, Chapel Hill, NC 27516-2535 $8,000,000 Jun 2022 17,848 SF
500 Myrica, Chapel Hill, NC 27516-5105 $1,371,500 Apr 2022 125,898 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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