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1775 Dobbins Dr

2,464 SF Retail Building Chapel Hill, NC 27514 For Sale

Investment Highlights

  • High Traffic Counts
  • Near UNC at Chapel Hill and Duke University
  • Signalized Intersection
  • Strong Demographics

Executive Summary

Available For Sale - This 2,464 SF former bank branch with an attached 4-lane drive-thru is available for sale. The 0.75-acre property is located setback at the signalized corner of Durham-Chapel Hill Boulevard/Fordham Boulevard (US-15) and Sage Road. The site is across the street from a Wegmans grocery store, Lowe’s, Wendy’s, AutoZone, a newly opened Fifth Third Bank branch, and several UNC Health-affiliated medical offices, including UNC Center for Rehabilitation and UNC Internal Medicine.
Well Located - The site is well positioned in the Chapel Hill market benefitting from its proximity to UNC at Chapel Hill (less than 3.5 miles SW), downtown Chapel Hill, I-40, a handful of mid-scale hotels, and Duke University (6.5 miles NE).
0.75 acres, 2,464 SF - This 0.75-acre lot and 2,464 SF building, including 4-lane drive-thru, is suitable for a wide range uses uses given its OI-2 (Office Institutional) zoning designation. Permitted uses in OI-2 include offices, childcare centers, banks, among other uses.
High Traffic Counts and Strong Visibility - The site boasts high traffic counts (43K) and has strong visibility along both US-15 and Sage Road. The site also has potential for building façade signage above its main entrance. The site also has good ingress/egress with two curb cuts, one along Sage Road and another along Dobbins Drive.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Bank
Building Size
2,464 SF
Building Class
B
Year Built
1980
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Land Acres
0.75 AC
Zoning
O-I2
Parking
21 Spaces (8.52 Spaces per 1,000 SF Leased)
Frontage
94 ft on Dobbins Dr

Amenities

  • Bus Line
  • Pylon Sign
  • Signage
  • Signalized Intersection
  • Drive Thru

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 1st Floor
  • 2,464 SF
  • Retail
  • -
  • Now
Space Size Space Use Position Available
1st Floor 2,464 SF Retail - Now

1st Floor

Size
2,464 SF
Space Use
Retail
Position
-
Available
Now

1st Floor

Size 2,464 SF
Space Use Retail
Position -
Available Now

Nearby Major Retailers

Wegmans
La Hacienda
Jazzercise
CrossFit
Shake Shack
Chopt
Trader Joe's
Food Lion
F45 Training, Inc.
Jason's Deli

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
9799589748
Land Assessment
$963,426 CAD
Improvements Assessment
$253,889 CAD
Total Assessment
$1,217,315 CAD
  • Listing ID: 33910709

  • Date on Market: 2024-11-18

  • Last Updated:

  • Address: 1775 Dobbins Dr, Chapel Hill, NC 27514

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