Property Lookup
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    88 Vilcom Center Dr Chapel Hill, NC 27514

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    88 Vilcom Center Dr Chapel Hill, NC 27514


    • Office buildings
    • 9,108 SF
    • 0.79 lot acres
    Chapel Hill Office Space For Lease
    $3,530,000

    Chapel Hill Office Space

    Office space available for lease in Chapel Hill, NC.

    88 Vilcom Center Dr, Chapel Hill, NC 27514
    View Listing
    Property ID
    US53-2345073
    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
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • FedEx Drop Box / Postal Service / Courier Service
    • Goodridge Family Dentistry / Dental Office
    • Juanita Lewis Sedotti, CPA, PLLC / Accounting Firm
    • Rose Group, CPAs / Accounting Firm
    • Dr. Sabrina Porcher-Fennell / Dental Office

    Property Details for 88 Vilcom Center Dr

    Year built
    1980
    Lot size
    0.79 lot acres
    Property size
    9,108 SF
    Zone code
    OI-2
    Property type
    Office buildings
    APN
    9880-46-5246
    APU
    9880465246

    Description

    This exceptional Orange County office space offers two available suites within a four-building complex at 88 Vilcom Center Dr. The larger suite, totaling approximately 3,350 square feet, is ideal for larger teams and boasts a full-service lease. This expansive space features a blend of private offices, open work areas, a sizable shared kitchen, and a large conference room. Many offices enjoy abundant natural light from large windows. The smaller suite, approximately 985 square feet, provides a more compact yet functional layout with two private offices, an open area, and access to the building's shared kitchen. Both suites benefit from a convenient location, just minutes from I-40 and within walking distance of various banks, restaurants, and retail establishments. A special introductory lease rate of $20 per square foot is currently available for both spaces. The total building square footage is 3,350 square feet, with a minimum divisible space of 985 square feet and a maximum contiguous space of 3,350 square feet. Currently, 4,335 square feet are vacant. This property presents a fantastic opportunity for businesses seeking flexible and well-located office space in Orange County. The property is located in Orange County and is a multi-tenant building.


    Value Estimations

    based on Realmo’s proprietary methodology
    • CAP approach

      CAP Return
      Estimation
      6%
      $2,500,000
      6.5%
      $2,310,000
      7%
      $2,145,000
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $4,620,000
      Market price range: $1.92M - $4.62M
    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $3,600,000
      Current use

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


    Location Insight

    • Map
    • Local Demand
    City
    Chapel Hill
    County
    Orange
    State
    North Carolina
    Longitude
    -79.0522
    Latitude
    35.9653
    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
    $70,961
    $2,125,000
    $2,084,300
    $4,209,300
    -
    $2,125,000
    $2,084,300
    $4,209,300
    View Listing
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message