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34558993
34558997

1775 DOBBINS DR, CHAPEL HILL, NC 27514-5876 For Sale

ES
NC NC 306232
Olympus Capital Commercial Real Estate
Listed by Olympus Capital Commercial Real Estate
Unpriced
4 days on market
Updated 4 days ago

Former Bank at Signalized Corner near Wegmans & UNC

Details
APN 9799589748
Property Type Retail, Office (+1)
Sub Type Traditional Office, Medical Office (+1)
Square Footage 2,464
Units 1
Tenancy Vacant
Year Built 1980
Stories 1
Lot Size (SqFt) 32,737
Investment Type Owner/User
Ground Lease No

15-501 Hard Corner Across from Wegman's in Chapel Hill

Marketing description

1775 Dobbins Dr at 1775 Dobbins Dr, Chapel Hill, NC 27514 presents a rare opportunity to acquire a highly visible freestanding commercial site at the signalized hard corner of Fordham Blvd and Sage Rd. Positioned on approximately ±0.75 acres, the property offers exceptional exposure along one of Chapel Hill’s most traveled corridors, with traffic counts of approximately 43,000 VPD on Fordham Blvd and 12,500 VPD on Sage Rd. Surrounded by established retail and service anchors including Wegmans, Lowe’s Hardware, Wendy’s, and AutoZone, this location benefits from strong consumer draw and daily activity. The site is ideal for investors, owner-users, or redevelopment-minded buyers seeking a strategic position in a high-income, densely populated trade area. Demographics further support the opportunity, with an estimated 57,221 residents within 3 miles and a median household income of $97,238. Zoned OI-2 (Office and Institutional 2), the property combines flexibility, convenience, and premier corner positioning in one of Chapel Hill’s most desirable commercial nodes.

Investment highlights

Olympus Capital Commercial Real Estate is pleased to present for sale 1775 Dobbins Dr, a ±0.75-acre freestanding parcel commanding a hard corner at the signalized intersection of Fordham Blvd (US 15-501) and Sage Rd in Chapel Hill, North Carolina. Positioned along one of the Triangle's busiest retail corridors, the site benefits from exceptional visibility and access, with approximately 43,000 vehicles per day on Fordham Blvd and an additional 12,500 vehicles per day at the corner — combined exposure of more than 55,000 vehicles daily.

The property sits in the heart of the Durham–Chapel Hill trade area, surrounded by strong national retail including Wegmans, Lowe's Home Improvement, AutoZone, and Wendy's, and directly adjacent to the UNC Center for Rehabilitation. Minutes from I-40, UNC-Chapel Hill, UNC Hospitals, and the Duke University corridor, the site draws from a deep, affluent, and highly educated customer base.

Currently zoned OI-2 (Office and Institutional 2), the parcel offers flexibility for medical, office, institutional, or (subject to approvals) retail redevelopment — a rare chance to control a signalized hard corner in one of North Carolina's most supply-constrained and desirable markets.

Listing Contacts

ES
NC NC 306232
Olympus Capital Commercial Real Estate
Listed by Olympus Capital Commercial Real Estate

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Additional Information

Name
Elliot Sheridan
License
NC 306232
Brokerage
Olympus Capital
Brokerage Phone
3364048768
Title
Broker
Brokerage Address
127 North Greene Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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