Property profile

419 Franklin St Chapel Hill, NC 27516

OFF-MARKET
Commercial real estate
Property ID
US53-5535138
8,664 SF 0.3 ac lot Built 1947
Individually Owned 1-yr Hold Free & Clear
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1947
Total area 8,664 SF
Lot 0.3 ac (13,068 SF)
Zoning code TC-2
APN 9788-16-5175
UPID US53-5535138

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Physician

Location

419 Franklin St Chapel Hill, NC 27516-2314
Chapel Hill metro Census 11700 DURHAM-CHAPEL HILL, NC METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.62M
Comparable Approach Comparable
$1.62M
Blend (final) Blend
$1.34M

Owner & transaction history

since 2025
4 recorded transactions
2025
Price N/A
2021
Price N/A
2011
Price N/A
2004
$1.7M

Zoning & alternative use

TC-2 · Chapel Hill, NC
Zoning description

The town center (TC) districts are intended to provide for the development of the commercial, service and social center of Chapel Hill while maintaining its character, its pedestrian oriented scale, and its nature as a c…

General category CIVIC_INSTITUTIONAL

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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