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Financial
Distress signals
Property profile

1860 Martin Luther King Jr Blvd Chapel Hill, NC 27514

OFF-MARKET
Commercial real estate
Property ID
US53-2448480
2,529 SF 0.85 ac lot Built 2000
Last sale Nov 2020 · $1,358,500
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. Free & Clear No active or open recorded mortgage detected.
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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.

Debts

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?
$24k
Tax billed · 2023
Assessed value$1.41M
Assessed land$835k
Assessed improvement$575k
Effective rate1.67%

Value estimate

· Oct 2026
$1.03M
$923k – $1.13M
Submarket $/SF estimate$910k

Realmo valuation models over county records and 11 qualifying comparable sales.

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
Qualifying comparables11

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

What can be built here?
MU-OI-1
The mixed use OI-1 zone is intended to provide for single and two family dwellings and those other non residential uses in the OI-1 zone,...
General categoryMIXED_USE
JurisdictionORANGE

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand index
Building Supply18.5
Wholesale Shop17.1
Restaurant15.6

Location

1860 Martin Luther King Jr Blvd Chapel Hill, NC 27514-7415
County assessor Recorded deeds · 2 transfers 11 qualifying comp sales Zoning catalog

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
127 Franklin, Chapel Hill, NC 27514-3620 $1,533,000 Feb 2025 2,145 SF
120 Franklin, Chapel Hill, NC 27514-3616 $1,700,000 Jul 2023 3,036 SF
450 Elliott, Chapel Hill, NC 27514-5833 $2,000,000 Apr 2022 2,250 SF
1500 Fordham, Chapel Hill, NC 27514-5880 $905,000 Nov 2021 2,506 SF
115 Franklin, Chapel Hill, NC 27514-3620 $750,000 Mar 2021 2,103 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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