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1900 Chapel Hill Rd 1,374 SF Retail Building Durham, NC 27707 $385,000 ($280.20/SF)
INVESTMENT HIGHLIGHTS
- Frontage on Chapel Hill Rd.
- Visibility and accessibility in a thriving area.
- Strong traffic counts and convenient access to Downtown Durham, Duke University, and NC-147.
EXECUTIVE SUMMARY
Prime opportunity to acquire a ±1,374 SF freestanding commercial building on ±0.21 acres in Durham’s Lakewood district.
Situated on a corner lot with excellent visibility along Chapel Hill Rd, this property offers flexibility for an owner-user, investor, or redevelopment project.
Zoned CN (Commercial Neighborhood), it supports a wide range of retail, office, and service uses. New proposed zoning district Commercial Mixed Use 8 (CX-8) under new Durham UDO
The site benefits from strong traffic counts and convenient access to Downtown Durham, Duke University, and NC-147, making it an ideal location for businesses seeking visibility and accessibility in a thriving area.
Situated on a corner lot with excellent visibility along Chapel Hill Rd, this property offers flexibility for an owner-user, investor, or redevelopment project.
Zoned CN (Commercial Neighborhood), it supports a wide range of retail, office, and service uses. New proposed zoning district Commercial Mixed Use 8 (CX-8) under new Durham UDO
The site benefits from strong traffic counts and convenient access to Downtown Durham, Duke University, and NC-147, making it an ideal location for businesses seeking visibility and accessibility in a thriving area.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
1,374 SF
Building Class
C
Year Built
1910
Price
$385,000
Price Per SF
$280.20
Tenancy
Single
Building Height
1 Story
Building FAR
0.16
Lot Size
0.20 AC
Zoning
CN - Neighborhood Commercial
Parking
6 Spaces (4.37 Spaces per 1,000 SF Leased)
Frontage
38’ on Chapel Hill Rd
AMENITIES
- Bus Line
Walk Score®
Very Walkable (72)
Bike Score®
Very Bikeable (70)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 108478 | Improvements Assessment | $91,564 |
| Land Assessment | $283,576 | Total Assessment | $375,140 |
PROPERTY TAXES
Parcel Number
108478
Land Assessment
$283,576
Improvements Assessment
$91,564
Total Assessment
$375,140
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1900 Chapel Hill Rd
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