Financial
Distress signals
Property profile

214 Franklin St Chapel Hill, NC 27516

OFF-MARKET
Commercial real estate
Property ID
US53-2428638
2,856 SF 0.16 ac lot Built 1967
Last sale Aug 2023 · $7,500,000
Individually Owned Owner of record is an individual. 3-yr Hold Held for 3 years. Absentee Owner Owner mailing address differs from the property address. 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.

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?
$19k
Tax billed · 2023
Assessed value$1.14M
Assessed land$685k
Assessed improvement$460k
Effective rate1.70%

Value estimate

· Sep 2026
$10.33M
$9.29M – $11.36M
AI approach$10.30M

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?
TC-2
The town center (TC) districts are intended to provide for the development of the commercial, service and social center of Chapel Hill wh...
General categoryCIVIC_INSTITUTIONAL
JurisdictionORANGE

Location intelligence

Which uses thrive at this corner?
Best fit: Electrical Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Electrical Service9.2
Locksmith9.2
Laundry Service8.9

Location

214 Franklin St Chapel Hill, NC 27516-2520
County assessor Recorded deeds · 3 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
405 Franklin St, Chapel Hill, NC 27516-2350 $3,110,000 Mar 2025 1,800 SF
500 Rosemary, Chapel Hill, NC 27516-2302 $970,000 May 2024 1,932 SF
454 Franklin, Chapel Hill, NC 27516-2313 $800,000 Oct 2022 1,817 SF
456 Franklin, Chapel Hill, NC 27516-2313 $725,000 Jun 2022 1,817 SF
106 Franklin, Chapel Hill, NC 27516-2516 $2,500,000 Jul 2021 2,440 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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