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Investment Highlights
- Across the street, the South Creek project will bring 800+ new homes plus retail and office space, adding to the area’s strong growth trajectory.
- Southern Village’s ~2,300 residents, affluent demographics, and vibrant town center create an ideal environment for long-term value.
Executive Summary
Prime Chapel Hill investment opportunity—two parcels with six residential units (three leased, income-producing) surrounded by Mixed-Use Village (MU-V) zoning located
within one of the Town’s Focus Areas for growth. Positioned between Hyatt Place Chapel Hill and the entrance to Southern Village, the site offers immediate visibility and walkable access to shops, dining, parks, and community events.
within one of the Town’s Focus Areas for growth. Positioned between Hyatt Place Chapel Hill and the entrance to Southern Village, the site offers immediate visibility and walkable access to shops, dining, parks, and community events.
Property Facts
1 Lot Available
Lot
| Price | $725,000 | Lot Size | 0.94 AC |
| Price Per AC | $771,276.60 |
| Price | $725,000 |
| Price Per AC | $771,276.60 |
| Lot Size | 0.94 AC |
Infill site on S Columbia St (US 15-501) in Chapel Hill. Adjacent parcels with water/sewer available. Zoned R-2; strong potential for rezoning to higher density residential or mixed-use. Prime location near Southern Village and South Creek.
Description
The property boasts high-exposure frontage on U.S. 15-501, the main business corridor connecting Chapel Hill to booming Pittsboro and Chatham Park. Traffic counts along this stretch average ~24,000 vehicles per day, delivering exceptional marketing and redevelopment potential.
Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $163,900 | |
| Land Assessment | $352,600 | Total Assessment | $516,500 |
Property Taxes
Parcel Numbers
Land Assessment
$352,600
Improvements Assessment
$163,900
Total Assessment
$516,500
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3810 S Columbia St
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