5002 Barbee Chapel Rd Chapel Hill, NC 27517
- Commercial land
- 2.34 lot acres
Current Use by Public Records
- Commercial land
Property Details for 5002 Barbee Chapel Rd
- Lot size
- 2.34 lot acres
- Zone code
- R-5-CZD
- Property type
- Commercial land
- APN
- 140346
- APU
- 140346
Description
This exceptional 59,696 square foot office development opportunity is situated on a 2.337-acre lot in the desirable Chapel Hill submarket of Durham County, North Carolina. Located at 5002 Barbee Chapel Rd, Chapel Hill, NC 27517 (APN 140346), this Class A property boasts a prime location near Highway 54 and Barbee Chapel Road, offering convenient access to I-40. The site is part of the 400-acre Meadowmont village, a vibrant, pedestrian-friendly community featuring diverse housing, restaurants, shops, a large Harris Teeter grocery store, and ample green spaces. This multiple-tenant building offers unparalleled flexibility, allowing for customization to meet specific tenant needs. The property provides a major tenant with prominent building sign rights on Highway 54, creating a high-visibility presence. This permit-ready project presents a unique chance to establish a distinctive landmark in Chapel Hill. The property is categorized as Traditional Office, Medical Office, and Executive Office space.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Chapel Hill
- County
- Durham
- State
- North Carolina
- Longitude
- -79.0084
- Latitude
- 35.901
- CBSA code
- 20500
- CBSA name
- DURHAM-CHAPEL HILL, NC METROPOLITAN STATISTICAL AREA