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    601 Rosemary St, Unit 106 Chapel Hill, NC 27516-2354

    • Office buildings
    • 1,298 SF
    • 1.00 lot acres
    OFF-MARKET
    Value Estimation
    $410,000
    Location Intelligence
    Property ID
    US53-1741328
    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.

    Current Use by Public Records

    • Jeffrey C. West, DMD, PA / Dentist / Cosmetic Dentist
    • Hill’s Family Asian Markets / Grocery Store
    • to the woods / Beauty Salon / Stylist
    • The House of Cloudz / Holistic Medicine Practitioner / Vaporizer Store
    • Oneoneone / Art Gallery

    Property Details for 601 Rosemary St

    Year built
    2008
    Lot size
    1.00 lot acres
    Property size
    1,298 SF
    Property type
    Office buildings
    APN
    9788-06-6395.003
    APU
    9788066395003

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $395,000

    • CAP approach

      CAP return
      Estimation
      6%
      $520,000
      6.5%
      $515,000
      7%
      $450,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $525,000
      Geo Method
      $570,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $415,000
      Retail
      $465,000
      Mixed-Use
      $415,000
      Hospitality
      $455,000
      Educational
      $535,000
      Residential Income
      $425,000
      Energy
      $455,000
      Income-Based Land
      $490,000
      Food Service
      $525,000

    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
    $6,871
    $0.00
    $402,200
    $402,200
    -
    $0.00
    $402,200
    $402,200

    Comparable in this City

    • Value Estimation by Request
      8,007 SF

      Chapel Hill, NC 27516

      OFFICE BUILDING • 8,007 SF
      Chapel Hill, NC 27516
      View Details
    • Value Estimation
      $610,000
      3,822 SF

      301 Kildaire Rd Ste, Unit 100

      OFFICE BUILDING • 3,822 SF
      301 Kildaire Rd Ste, Chapel Hill, NC 27516-4064
      View Details
    • Value Estimation by Request
      12,450 SF

      308 Rosemary St Ste, Unit 201

      OFFICE BUILDING • 12,450 SF
      308 Rosemary St Ste, Chapel Hill, NC 27516-2547
      View Details
    • Value Estimation by Request
      4,304 SF

      214 Cameron Ave

      OFFICE BUILDING • 4,304 SF
      214 Cameron Ave, Chapel Hill, NC 27516-2703
      View Details
    • Value Estimation by Request
      414 SF

      109 Church St

      OFFICE BUILDING • 414 SF
      109 Church St, Chapel Hill, NC 27516-2502
      View Details
    • Value Estimation
      $435,000
      1,064 SF

      Chapel Hill, NC 27516

      OFFICE BUILDING • 1,064 SF
      Chapel Hill, NC 27516
      View Details

    Similar Nearby for Sale

    • $185,295
      1,132 SF

      Office Condo in Downtown Chapel Hill

      Office condo in shell condition, downtown Chapel Hill location.
      308 W Rosemary St, Chapel Hill, NC 27516
      View Details
    • $70,000
      0.63 Acres

      Residential Land in Chapel Hill

      0.63-acre lot ready for residential construction in Chapel Hill.
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      49.70 Acres

      Chapel Hill Land: 49.7 Acres

      Prime Residential Land Near Chapel Hill
      I-40 & New Hope Church Rd, Chapel Hill, NC 27516
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    • $500,000
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      Chapel Hill Residential Land

      22.55 acres, prime location, $500,000
      1942 Jones Ferry Rd, Chapel Hill, NC 27516
      View Details
    • $150,000
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      Chapel Hill Wooded Parcel

      3.55 acre wooded parcel in Chapel Hill School District.
      391 Northside Dr, Chapel Hill, NC 27516
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    • $295,000

      Residential Lot in Orange County

      Residential lot in a coveted location, ideal for custom home.
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    Similar Nearby for Lease

    • $1,650 /Mo
      1,500 SF

      Chapel Hill Office Space Available

      1500 SF office space for rent in Chapel Hill.
      3300 Nc54, Chapel Hill, NC 27516
      View Details
    • Contact for pricing
      6,000 SF

      Chapel Hill Retail Space For Lease

      Prime Church Street Retail Opportunity
      109 Church St, Chapel Hill, NC 27516
      View Details
    • Contact for pricing
      8,715 SF

      Retail Space at Prime Location

      Retail space available at the intersection of W. Franklin and S. Graham.
      505 West Franklin St, Chapel Hill, NC 27516
      View Details
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    601 Rosemary St, Unit 106
    Chapel Hill, NC 27516-2354
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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