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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.

Property Facts

Price $725,000
Sale Type Investment
Sale Condition Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Office
  • Mixed Use
  • Multifamily
  • Apartment Units
  • Hotel
  • Medical
Total Lot Size 0.94 AC
Zoning R2 - Zoned R-2 and surrounded by MU-V zoning. Located in a growth corridor with strong potential for mixed-use or higher-density residential redevelopment.

1 Lot Available

Lot

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

Property Taxes

Parcel Numbers
Multiple
  • 9787152463
  • 9787151289
Land Assessment
$352,600
Improvements Assessment
$163,900
Total Assessment
$516,500
  • Listing ID: 37363586

  • Date on Market: 8/21/2025

  • Last Updated:

  • Address: 3810 S Columbia St, Chapel Hill, NC 27517

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