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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
| Price | $1,100,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 1.03 AC |
| Property Type | Land | ||
| Zoning | R2 - Residential | ||
| Price | $1,100,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 1.03 AC |
| Zoning | R2 - Residential |
1 LOT AVAILABLE
Lot
| Price | $1,100,000 | Lot Size | 1.03 AC |
| Price Per AC | $1,067,961.17 |
| Price | $1,100,000 |
| Price Per AC | $1,067,961.17 |
| Lot Size | 1.03 AC |
land for sale
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.
PROPERTY TAXES
| Parcel Number | 9787151289 | Improvements Assessment | $25,000 |
| Land Assessment | $314,700 | Total Assessment | $339,700 |
PROPERTY TAXES
Parcel Number
9787151289
Land Assessment
$314,700
Improvements Assessment
$25,000
Total Assessment
$339,700
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