1929 Chapel Hill Rd Durham, NC 27707
Property profile & analytics
1929 Chapel Hill Rd Durham, NC 27707
- Turn key restaurants
- 2,897 SF
- 0.52 lot acres
Property ID
US53-2159933
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Azteca Grill / Restaurant
Property Details for 1929 Chapel Hill Rd
- Year built
- 2001
- Lot size
- 0.52 lot acres
- Property size
- 2,897 SF
- Zone code
- CN
- Property type
- Turn key restaurants
- APN
- 107957
- APU
- 107957
Description
This exceptional retail property, located at 1929 Chapel Hill Road in Durham, North Carolina, presents a unique investment opportunity. Situated on a 0.52-acre lot within the thriving Lakewood Shopping Center, this property benefits from high visibility and foot traffic due to its location on a well-travelled route. The property includes both land and building, offering significant potential for a variety of retail businesses. The surrounding area is experiencing considerable growth and boasts a vibrant mix of established businesses, including boutique shops, diverse restaurants, a grocery store, and the Scrape Exchange, ensuring a strong customer base and synergistic environment. The sale price is $500,000 and is subject to an existing lease. Prospective buyers are kindly requested to refrain from contacting the current tenant. This is an excellent chance to acquire a well-positioned retail space in a rapidly developing area of Durham. The square footage of the building is not currently available. Serious inquiries only.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Durham
- County
- Durham
- State
- North Carolina
- Longitude
- -78.926
- Latitude
- 35.9871
- CBSA code
- 20500
- CBSA name
- DURHAM-CHAPEL HILL, NC METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$6,208
$162,179
$282,881
$445,060
-
$162,179
$282,881
$445,060
