Property summary
This exceptional 1,545 square foot executive office condo in Chapel Hill, North Carolina, presents a unique investment opportunity. Located at 209 Providence Rd, this Class B property is priced at $275,000 ($177.99/sq ft) and boasts a desirable townhouse-style design. Built in 1982, the single-story building features one unit within a single building, zoned O&I1. The interior is thoughtfully designed with a reception area, three private offices, a full bathroom, and a convenient efficiency… kitchen. Two waiting rooms provide ample space for clients. A walk-out lower level adds versatility. Water is included in the property expenses. The property's previous use as a therapist's office highlights its soundproofing, ensuring privacy for occupants. Its convenient location offers proximity to UNC Eastown medical (.3 miles) and the I-40/15-501 intersection (.5 miles), providing excellent accessibility. The existing office furniture is negotiable, offering flexibility for the new owner. This turnkey property is currently vacant and ready for immediate occupancy. This is an ideal opportunity for a business seeking a well-appointed, private, and conveniently located office space.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records and 7 qualifying comparable sales.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
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 · 16 properties nearbyComparable nearby
Similar Nearby for Sale
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Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 1,030 SF
- Lot area
- 1 ac
- Year built
- 1982
- Stories
- 1
- APN
- 9890-71-9843.005
- Zoning
- OI-2
- Assessed value · 2023
- $237,800
- Annual tax · 2023
- $4,089
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Official district profile
The Office or Institutional-2 (OI-2) district is intended to provide for medium intensity office and institutional development
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
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- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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