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    601 Rosemary St Chapel Hill, NC 27516-2353
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    Property profile & analytics

    601 Rosemary St Chapel Hill, NC 27516-2353


    • Office buildings
    • 880 SF
    • 1.00 lot acres
    Off-Market
    Last Sale Jan 19, 2024
    $732,000
    Property ID
    US53-3902476
    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.

    Value Estimations
    $730,000
    Show details
    Cap Rate Potential
    2%
    Office buildings
    Location Intelligence

    Current Use by Public Records

    • Jeffrey C. West, DMD, PA / Dental Office
    • Hill’s Family Asian Markets / Grocery & Convenience Store / Food Market
    • to the woods / Hair Salon
    • The House of Cloudz / (Bike/Boat/Book/etc) Store / Alternative Medicine Practice
    • Oneoneone / Art Gallery

    Property Details for 601 Rosemary St

    Year built
    2008
    Lot size
    1.00 lot acres
    Property size
    880 SF
    Property type
    Office buildings
    APN
    9788-06-6395.120
    APU
    9788066395120

    Description

    This exceptional ±3,043 square foot office condo, located at 601 W Rosemary St in Chapel Hill, NC 27516, presents a unique investment opportunity. Situated in the desirable Greenbridge complex (Suite 213/214), this Class B property boasts a prime location near UNC's campus, offering both accessibility and innovative design. The space combines modern architecture with green energy efficiency, creating a dynamic work environment. Currently 100% occupied with a lease expiring December 31, 2025, this property is ideal for organizations seeking a sustainable and strategically located office space. The suite is divisible, allowing for flexibility to suit various needs. Multiple individual offices, workspaces, and conference rooms benefit from abundant natural light. Building amenities include secured entry, elevator access, and ten underground parking spaces. Shared amenities further enhance the appeal, including a second-floor outdoor terrace, gym, event spaces, and a rooftop area. The property is zoned TC-3 and comprises two buildings. The asking price is $599,000. This is a rare opportunity to acquire a well-located, high-quality office condo in a thriving North Carolina market.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $730,000
      ML approach
      $730,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $458,000
      Market price range: $228k - $565k
    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $735,000

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Chapel Hill
    County
    Orange
    State
    North Carolina
    Longitude
    -79.0652
    Latitude
    35.9106
    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
    2023
    $4,494
    $0.00
    $259,800
    $259,800
    -
    $0.00
    $259,800
    $259,800
    More about this property
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