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5504 Durham-Chapel Hill Blvd - 5420, 5504, 5441 Durham-Chapel Hill Blvd 4.5 Acres of Commercial Land in Durham, NC 27707
Investment Highlights
- Prime commercial assemblage totaling ±4.50 acres
- Zoned O&I-2
- Strategically located at the intersection of US-15/501 and I-40
- Two parcels improved with fully leased retail buildings
Executive Summary
Redevelopment opportunity at the intersection of Durham-Chapel Hill Blvd (US 15-501) and I-40 in South Durham. Zoned CSD-S1 with pre-approved entitlements for up to a 13-story mixed-use development (up to 145’), supporting residential, hotel, retail, and medical office uses.
The site includes ±20,663 SF of existing improvements with short-term income in place, offering immediate cash flow and flexibility for phased redevelopment. Positioned in front of New Hope Commons and surrounded by high-performing retail centers, the property benefits from strong visibility, access, and traffic counts exceeding 70,000 VPD nearby.
Located minutes from Downtown Durham, RTP, and major universities, this offering presents a premier high-density development opportunity in a rapidly growing corridor.
The site includes ±20,663 SF of existing improvements with short-term income in place, offering immediate cash flow and flexibility for phased redevelopment. Positioned in front of New Hope Commons and surrounded by high-performing retail centers, the property benefits from strong visibility, access, and traffic counts exceeding 70,000 VPD nearby.
Located minutes from Downtown Durham, RTP, and major universities, this offering presents a premier high-density development opportunity in a rapidly growing corridor.
Property Facts
| Sale Type | Investment | Property Subtype | Commercial |
| Sale Conditions | Proposed Use | ||
| No. Lots | 1 | Total Lot Size | 4.50 AC |
| Property Type | Land | ||
| Zoning | O&I-2 - Office | ||
| Sale Type | Investment |
| Sale Conditions | |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 4.50 AC |
| Zoning | O&I-2 - Office |
1 Lot Available
Lot
| Lot Size | 4.50 AC |
| Lot Size | 4.50 AC |
3 Parcels Located at the intersection of Interstate I-40 and Durham Chapel Hill Blvd. Two parcels hav existing fully leased retail buildings. One Vacant Parcel One million Sq feet of UNC Medical Space proposed across I-40
Description
Mixed-use redevelopment site at the intersection of Durham-Chapel Hill Blvd and I-40 in South Durham, offering high visibility and access. Positioned within a dense retail corridor near New Hope Commons, Patterson Place, and major employment centers.
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
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5504 Durham-Chapel Hill Blvd - 5420, 5504, 5441 Durham-Chapel Hill Blvd
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