Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    2721 Chapel Hl Rd Durham, NC 27707-1902

    • Drive through restaurants
    • 0.59 lot acres
    OFF-MARKET
    Value Estimation
    $350,000
    Location Intelligence
    Property ID
    US53-1978621
    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.

    Current Use by Public Records

    • Hardee's / Fast Food Restaurant / Hamburger Restaurant

    Property Details for 2721 Chapel Hl Rd

    Lot size
    0.59 lot acres
    Zone code
    CG
    Property type
    Drive through restaurants
    APN
    104844
    APU
    104844

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $330,000

    • CAP approach

      CAP return
      Estimation
      6%
      $395,000
      6.5%
      $445,000
      7%
      $450,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $450,000
      Geo Method
      $425,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $420,000
      Retail
      $425,000
      Mixed-Use
      $420,000
      Hospitality
      $395,000
      Educational
      $430,000
      Residential Income
      $360,000
      Energy
      $370,000
      Income-Based Land
      $450,000
      Food Service
      $435,000

    Location Insight

    • Map
    • Local Demand
    City
    Durham
    County
    Durham
    State
    North Carolina
    Longitude
    -78.9359
    Latitude
    35.9751
    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
    $5,326
    $371,947
    $9,900
    $381,847
    -
    $371,947
    $9,900
    $381,847

    Comparable in this City

    • Value Estimation by Request
      4,691 SF

      4139 Durham Chapel Hl Blvd

      DRIVE-THRU RESTAURANT, FAST FOOD • 4,691 SF
      4139 Durham Chapel Hl Blvd, Durham, NC 27707-2502
      View Details
    • Value Estimation by Request
      3,365 SF

      3107 Shannon Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,365 SF
      3107 Shannon Rd, Durham, NC 27707-3571
      View Details
    • Value Estimation by Request
      3,584 SF

      3303 Watkins Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,584 SF
      3303 Watkins Rd, Durham, NC 27707-3350
      View Details
    • Value Estimation by Request
      2,975 SF

      3509 Westgate Dr

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,975 SF
      3509 Westgate Dr, Durham, NC 27707-2526
      View Details
    • Value Estimation
      $395,000
      816 SF

      2520 Fayetteville St

      DRIVE-THRU RESTAURANT, FAST FOOD • 816 SF
      2520 Fayetteville St, Durham, NC 27707-4126
      View Details
    • Value Estimation by Request
      4,338 SF

      3301 Watkins Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 4,338 SF
      3301 Watkins Rd, Durham, NC 27707-3350
      View Details

    Similar Nearby for Sale

    • $3,150,000
      11,896 SF

      Durham Shopping Center Investment

      High-yield retail center, 100% occupied.
      3205 University Dr, Durham, NC 27707
      View Details
    • $750,000
      0.71 Acres

      Lakewood Retail Center Opportunity

      High-traffic Durham retail space for sale.
      1925 Chapel Hill Rd, Durham, NC 27707
      View Details
    • Contact for pricing

      Prime Downtown Durham Location

      Located in Durham, close to American Tobacco Campus.
      Durham, NC 27707
      View Details
    • $500,000
      0.52 Acres

      Lakewood Retail Space - Durham, NC

      High-traffic retail space, prime Durham location.
      1929 Chapel Hill Rd, Durham, NC 27707
      View Details
    • $125,000
      0.14 Acres

      Vacant Lot in Morehead Hill

      Vacant lot in Durham's Morehead Hill Historic District.
      905 Morehead Ave, Durham, NC 27707
      View Details
    • $450,000
      0.85 Acres

      Rare Durham Land Parcel

      Desirable 0.85-acre parcel with unmatched privacy in Durham, NC.
      4515 Chicopee Trl, Durham, NC 27707
      View Details

    Similar Nearby for Lease

    • $26 SF/Yr
      160,942 SF

      Patterson Place Power Center

      Durham Retail Space Available Now
      3616 Witherspoon Blvd, Durham, NC 27707
      View Details
    • $32 SF/Yr
      25,678 SF

      Downtown Durham Office Space

      Iconic Snow Building: Executive Suites Available
      331 Main St, Durham, NC 27707
      View Details
    • Contact for pricing
      17,587 SF

      Prime Retail Space For Lease

      High-traffic retail space in revitalized Durham shopping center.
      4125 Durham-Chapel Hl Blvd, Durham, NC 27707
      View Details
    • Contact for pricing
      2,100 SF

      Retail Space in Power Center

      Retail space available in a power center location.
      4001 Durham Chapel Hill Blvd, Durham, NC 27707
      View Details
    • Contact for pricing

      Retail Space at Indigo Corners

      Retail space available in Durham, co-tenants include Verizon and Mattress
      5319 New Hope Commons Boulevard Ext, Durham, NC 27707
      View Details
    • Contact for pricing
      3,600 SF

      Durham Retail Space For Lease

      Prime Durham retail shop, 3600 sq ft available.
      5318 New Hope Cmns Dr, Durham, NC 27707
      View Details

    Property Visit Statistics

    • Visits by month
      10.4k
    • Visitors by month
      7.9k
    • Avg Time on site
      13 min
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2721 Chapel Hl Rd
    Durham, NC 27707-1902
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.