Share This Listing

Message

950 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the brokers for more information about this property

Investment Highlights

  • 20,000 vehicles per day on Durham-Chapel Hill Boulevard
  • General Commercial CG (D) zoning

Executive Summary

Multifamily redevelopment opportunity on prime corridor in Durham, close to the new University Hill mixed-use development and numerous retail and restaurant options. The site is situated at the signalized corner of US 15-501 Hwy Bus and Shannon Road with high visibility and access to major transit corridors.
5.62 acres
18,176 SF building and 36,485 SF building on site
20,000 vehicles per day on Durham-Chapel Hill Boulevard
General Commercial CG (D) zoning
Transit Opportunity Area future land use
Durham County REID 121641

Taxes & Operating Expenses (Actual - 2024) Click Here to Access

Annual Annual Per SF
Taxes - -
Operating Expenses - -

Taxes & Operating Expenses (Actual - 2024) Click Here to Access

Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99

Property Facts

Sale Type
Owner User
Property Type
Retail
Property Subtype
Auto Dealership
Building Size
18,000 SF
Building Class
C
Year Built
1964
Price
$18,000,000
Price Per SF
$1,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.22
Lot Size
1.90 AC
Zoning
CG - Commercial
Parking
125 Spaces (6.88 Spaces per 1,000 SF Leased)
Frontage
185’ on Auto Dr

Amenities

  • Bus Line
  • Pylon Sign
  • Signage
  • Air Conditioning

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 1st Floor
  • 18,000 SF
  • Flex
  • -
  • Oct 2027

A rare opportunity to lease a standalone ±18,176 SF building on approximately 2 acres. Located on a shared parcel with Flow Volkswagen of Durham, the site benefits from strong co-tenancy while maintaining dedicated access and identity for the front building. Available October 2027, the property is ideal for retail, showroom, or service users seeking visibility, scale, and convenient access between Durham and Chapel Hill. Clear Heights & Loading: ±10’ clear (front/side) with four (4) 8’ drive-in doors; ±17’ clear (rear warehouse) with two (2) 10’ drive-in doors.

Space Size Space Use Position Available
1st Floor 18,000 SF Flex - Oct 2027

1st Floor

Size
18,000 SF
Space Use
Flex
Position
-
Available
Oct 2027

1st Floor

Size 18,000 SF
Space Use Flex
Position -
Available Oct 2027

A rare opportunity to lease a standalone ±18,176 SF building on approximately 2 acres. Located on a shared parcel with Flow Volkswagen of Durham, the site benefits from strong co-tenancy while maintaining dedicated access and identity for the front building. Available October 2027, the property is ideal for retail, showroom, or service users seeking visibility, scale, and convenient access between Durham and Chapel Hill. Clear Heights & Loading: ±10’ clear (front/side) with four (4) 8’ drive-in doors; ±17’ clear (rear warehouse) with two (2) 10’ drive-in doors.

Moderately walkable
60/100
Exceptionally drivable
100/100
Limited public transit
20/100
Fairly bikeable
40/100

Nearby Major Retailers

Curry Up Now
Carolina Ale House
Starbucks
Cook Out
Truist Bank
Bank of America
PNC Bank
The Fresh Market
First Horizon Bank
United Bank

Property Taxes

Property Taxes

Parcel Number
121641
Land Assessment
$7,124,701 (2025)
Improvements Assessment
$3,067,205 (2025)
Total Assessment
$10,191,906 (2025)
  • Listing ID: 33717516

  • Date on Market: 11/1/2024

  • Last Updated:

  • Address: 3823 Durham Chapel Hill Blvd, Durham, NC 27707

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}