Property profile

880 Martin Luther King Jr Blvd Chapel Hill, NC 27514

OFF-MARKET
Office Spaces
Property ID
US53-2294840
4,542 SF 1 ac lot Built 1984
Entity Owned 2-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Office Spaces
Use group CONDOMINIUM OFFICES
Year built 1984
Total area 4,542 SF
Lot 1 ac (43,560 SF)
Zoning code OI-2/R-1
APN 9789-33-8610.006
UPID US53-2294840

Cap rate & NOI

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

Location

880 Martin Luther King Jr Blvd Chapel Hill, NC 27514-2600
Chapel Hill metro Census 11400 DURHAM-CHAPEL HILL, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$975k
CAP Approach CAP
$1.15M
Comparable Approach Comparable
by Request
Blend (final) Blend
$975k

Owner & transaction history

since 2024
Last sale
$975,000
5 recorded transactions
2024
Price N/A
2024
$975,000
2024
Price N/A
2022
Price N/A
2018
$678,000

Zoning & alternative use

OI-2/R-1 · Chapel Hill, NC

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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