Property profile

260 Leigh Farm Rd Chapel Hill, NC 27517

OFF-MARKET
High-rise multifamily apartments
Property ID
US53-1976431
59,428 SF 5.51 ac lot Built 2014
Entity Owned 14-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type High-rise multifamily apartments
Use group HIGH-RISE APARTMENTS
Year built 2014
Total area 59,428 SF
Lot 5.51 ac (240,016 SF)
Zoning code OI(D)
APN 141576
UPID US53-1976431

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

260 Leigh Farm Rd Chapel Hill, NC 27517
Chapel Hill metro Census 2034 DURHAM-CHAPEL HILL, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$7.65M
Blend (final) Blend
$6.11M

Owner & transaction history

since 2012
5 recorded transactions
2012
$1.6M
2011
$1.8M
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

OI(D) · Chapel Hill, NC

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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