7817 Rogers Rd
Chapel Hill, NC 27516
Rogers Road Land · Land For Sale · 15.00 AC

Rare opportunity to plan a neighborhood development on largely undeveloped acreage! Potential for adding 45 homes total (about 3 per acre). Aldermen see potential to rezone to Mixed-Use and/or a Conditional Zoning approval of an integrated development plan (examples are Shelton Station and Winmore). 2 rentals on the property. All utilities present (sewer just installed). The past years have brought a carefully designed OWASA gravity sewer and water through the current properties and it is ready for development under newly placed zoning of “HR-R” (Historic Rogers—Residential), allowing for greater density and more intense uses than previous Carrboro residential zonings. “As Built” surveys of OWASA lines are available from agent as PDF. OWASA has agreed to permit re-location of water line to be co-located along the new sewer easement and then abandon separate parallel easement for current water line, increasing usable area. Gross operating income with both rentals at fair market value $1,855 monthly.. Total property tax bills, all properties (2019): +-$7,456. Located in Chapel Hill-Carrboro City Schools district (Morris Grove Elementary, Smith Middle, Chapel Hill High). Convenient to I-40 and downtown Carrboro and Chapel Hill (including UNC’s campus and hospital/healthcare facilities). Just around the corner from Timberlyne Shopping Center, Chapel Hill North, and Chapel Hill’s brand new Carraway Village, a 55-acre luxury mixed-use development featuring top-notch apartments, offices, and retail space (located at 2100 Eubanks Road). Putt-Putt Fun Center concept plan just submitted for 2200 Eubanks Road. **Boundary survey included.