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5002 Barbee Chapel Road

Off-Market

5002 Barbee Chapel Road, Chapel Hill, NC 27517

This property is off-market. Unlock in-depth property data and market insights by signing up to CommercialEdge.

  • Property Type Office - Medical Office
  • Property Size 59,696 Sqft
  • Lot Size 2.34 Acre
  • Parking Spaces Avail. 161
  • Parking Ratio 2.70/ 1,000 SF

Location

  • City Chapel Hill, NC
  • Neighborhood Mason Farm Area
  • Zip Code 27517
  • Market Raleigh Durham

Contacts

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Owner

  • True Owner
  • Registered Owner

Brokers

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Documents

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Sales

  • Arm's Length
  • Buyer Name

Market Trends

Average Actual Rents in Chapel Hill

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent
Net Rent
$44.3/SF/YR
Recoverables Show detailsHide details
$16.7/SF/YR
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/SF/YR
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Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
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Asking Rents in Chapel Hill Office Market

Office rental rates are based on aggregated data of asking rates.

  • 2020 Avg. Asking Rent $28.60
  • 2020 Office Vacancy Rate 23.09 %
  • 2020 Office Completions (Sqft)
View more Chapel Hill market trends

Tax

  • Property Tax in 2020 $24,272
  • Market Value $1,877,625
  • Assessed Value $1,877,625

Find more tax info, including assessment history and abatements, on CommercialEdge

Frequently Asked Questions

What is the total square footage of 5002 Barbee Chapel Road?

5002 Barbee Chapel Road totals 59,696 square feet.

What is the property tax for 5002 Barbee Chapel Road?

The property tax for 5002 Barbee Chapel Road in 2020 was $24,272.

What is the market value for 5002 Barbee Chapel Road?

The market value for 5002 Barbee Chapel Road in 2020 was $1,877,625.

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