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    Property profile

    Barbee Chapel Rd Chapel Hill, NC 27517

    OFF-MARKET
    Commercial land
    Property ID
    US53-2976622
    0.94 ac lot
    Entity Owned Absentee Owner Free & Clear
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    Property summary

    AI-generated overview

    Meadowmont Village is a shopping center totaling 224,846 square feet in Chapel Hill, North Carolina. It is located near the University of North Carolina at Chapel Hill, which has an enrollment of approximately 26,000 students. The center includes available retail spaces with an aggregate area of 11,385 square feet.

    Property profile

    Verified
    Property type Commercial land
    Use group VACANT COMMERCIAL LAND
    Lot 0.94 ac (40,946 SF)
    Zoning code R-5-CZD
    APN 196420
    UPID US53-2976622

    Cap rate & NOI

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

    Location

    Barbee Chapel Rd Chapel Hill, NC 27517
    Chapel Hill metro DURHAM-CHAPEL HILL, NC METROPOLITAN STATISTICAL AREA
    Google Maps

    Value estimations

    Realmo proprietary · 4 methods
    AI Approach AI
    $405k
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $405k

    Owner & transaction history

    Zoning & alternative use

    R-5-CZD · Chapel Hill, NC
    Zoning description

    The R-5-CZD 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 and tr…

    General category RESIDENTIAL

    Comparables

    6 recent transactions · within 1.5 mi
    Comparable in this city
    6 recent transactions

    Comparable in this City

    • Value Estimation
      $445,000
      3.15 Acres
      180 Leigh Farm Rd
      VACANT COMMERCIAL LAND
      180 Leigh Farm Rd, Chapel Hill, NC 27517
      View Details
    • Value Estimation
      $320,000
      5.36 Acres
      2476 Raleigh Rd
      VACANT COMMERCIAL LAND
      2476 Raleigh Rd, Chapel Hill, NC 27517-4026
      View Details
    • Value Estimation
      $335,000
      345.00 Acres
      Kennebec Dr
      VACANT COMMERCIAL LAND
      Kennebec Dr, Chapel Hill, NC 27517
      View Details
    • Value Estimation
      $380,000
      0.70 Acres
      Barbee Chapel Rd
      VACANT COMMERCIAL LAND
      Barbee Chapel Rd, Chapel Hill, NC 27517
      View Details
    • Value Estimation
      $350,000
      2.24 Acres
      156 Stancell Dr
      VACANT COMMERCIAL LAND
      156 Stancell Dr, Chapel Hill, NC 27517-9479
      View Details
    • Value Estimation
      $290,000
      0.11 Acres
      5009 Barbee Chapel Rd
      VACANT COMMERCIAL LAND
      5009 Barbee Chapel Rd, Chapel Hill, NC 27517-9441
      View Details

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    Similar Nearby for Lease

    • Contact for pricing
      59,696 sqft
      Permit-Ready Office Development Site
      Permit-ready office development site with potential highway sign rights and convenient access to I-40.
      5002 Barbee Chapel Rd, Chapel Hill, NC 27517
      View Details
    • New
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      19,800 sqft
      Fitness Facility in Chapel Hill
      19,800 SF fitness facility in a busy retail corridor.
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    • Contact for pricing
      1,929 sqft
      Chapel Hill Office Space Available
      Office space for lease in Chapel Hill, North Carolina.
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    • New
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      134,000 sqft
      Chapel Hill Office Space For Rent
      Four-story office building in Meadowmont, Chapel Hill.
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    • Contact for pricing
      Mixed-Use Community in Chapel Hill
      Live, work, and play in this desirable mixed-use community.
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      View Details
    Recent comparable sales
    Sale price & price/SF · Sale date & distance · Adjustments & confidence
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