Property profile

50170 Governors Dr Chapel Hill, NC 27517

OFF-MARKET
Strip malls
Property ID
US53-2326922
1,481 SF 0.03 ac lot Built 2005
Entity Owned Absentee Owner Free & Clear
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Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2005
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 1,481 SF
Lot 0.03 ac (1,109 SF)
Zoning code R-1
APN 88781
UPID US53-2326922

Cap rate & NOI

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

Location

50170 Governors Dr Chapel Hill, NC 27517-8830
Chapel Hill metro Census 20704 DURHAM-CHAPEL HILL, NC METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$295k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$295k

Owner & transaction history

Zoning & alternative use

R-1 · Chapel Hill, NC
Zoning description

The residential districts are intended to provide for residential development of appropriate intensities consonant with the suitability of land, availability of public services, accessibility to major activity centers an…

General category RESIDENTIAL

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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