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4138 Old Chapel Hill RdDurham, NC 27707

1.77 Acres, Prime Durham Location

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional 1.77-acre commercial land assemblage in Durham, North Carolina, presents a unique investment opportunity. Located at the prominent intersection of Garrett Road and Old Chapel Hill Road, the property boasts unparalleled visibility and exposure, ideal for a variety of commercial uses. The site is zoned CG and consists of two parcels, APN 139628 & 139627, in Durham County. Its strategic location offers easy access to major thoroughfares and is situated adjacent to Hope Valley and the Blue Cross Blue Shield headquarters, ensuring high traffic volume and a strong customer base. Furthermore, the property's proximity to Durham-Chapel Hill Boulevard (approximately one mile) provides convenient access to a wide array of retail establishments and amenities. This single-tenant property is currently being offered for long-term ground lease proposals, making it an attractive option for businesses seeking a high-profile location with significant growth potential. The property's size and location make it suitable for a variety of commercial developments, offering a compelling investment opportunity in a thriving Durham market. Interested parties are encouraged to explore the potential of this exceptional site.

Highlights

  • 1.77-acre commercial land assemblage in Durham, NC, at Garrett Rd and Old Chapel Hill Rd intersection, offering excellent visibility.
  • High traffic area with approximately 22,000 vehicles per day on Old Chapel Hill Rd and 20,000 vehicles per day on Garrett Rd.
  • Zoned CG, consisting of two parcels (APN 139628 & 139627) in Durham County, near Hope Valley and Blue Cross Blue Shield headquarters.
  • Conveniently located approximately 5 miles from downtown Durham, 2 miles from Chapel Hill, and 2.5 miles from I-40.
  • Currently offered for long-term ground lease proposals.

Property Details for 4138 Old Chapel Hill Rd

Property type
Land
RSF (Rentable sq. ft)
77,101 SF

Unit(s) available at that property

Space
Size
77,101 SF

Location Insight

City
Durham
County
Durham
State
North Carolina
Latitude
35.94939728
Longitude
-78.96813147
4138 Old Chapel Hill Rd, Durham, North Carolina

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4138 Old Chapel Hill Rd
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