Financial
Distress signals
Property profile

406 Rosemary St Chapel Hill, NC 27516

OFF-MARKET
Commercial real estate
Property ID
US53-2416730
1,486 SF 0.23 ac lot Built 1927
Last sale Apr 2019
Entity Owned Owner of record is a legal entity (LLC / corporation). 7-yr Hold Held for 7 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional mixed-use property, located at 406 W Rosemary St in Chapel Hill, North Carolina, presents a compelling investment opportunity. Situated on a 0.23-acre lot (APN 9788162712), this property is zoned TC-2, allowing for a variety of commercial uses. The asking price is $1,100,000. Its strategic location offers unparalleled access to a vibrant and densely populated area. Less than half a mile from the University of North Carolina campus and in close proximity to Franklin Street,

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?
$10k
Tax billed · 2023
Assessed value$585k
Assessed land$540k
Assessed improvement$45k
Effective rate1.73%

Value estimate

· Sep 2026
$500k
$450k – $550k
AI approach$500k

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?
TC2
JurisdictionORANGE

Location intelligence

Which uses thrive at this corner?
Best fit: Nail Salon
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Nail Salon12.2
Electrical Service11.7
Auto Parts Store11.6

Location

406 Rosemary St Chapel Hill, NC 27516-2301
County assessor Recorded deeds · 1 transfer 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
601 Franklin, Chapel Hill, NC 27516-2316 $1,527,500 Dec 2024 1,224 SF
500 Rosemary, Chapel Hill, NC 27516-2302 $970,000 May 2024 1,932 SF
401 Franklin, Chapel Hill, NC 27516-2314 $3,110,000 Jan 2023 1,200 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
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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