You just found a needle in a Chapel Hill Haystack! A buildable 0.85+ acre lot with city schools, no HOA and no time limit to build within walking distance to UNC campus, downtown Chapel Hill, Whole Foods and University Mall shopping centers. If you have been looking for the right spot to build in town, you have probably been on the hunt for a while. Those other lots were close, but just weren't quite right... Your patience has paid off!
Investors< take a good look at this property ,.77 acres located approximately .6 miles to the intersection of East Franklin St. and Columbia St. in the heart of Chapel Hill N.C.and the UNC Campus. The Town of Chapel Hill wants new housing, and The Land Use Management Ordinance (LUMO)has incentives for new affordable housing. The subject property is in a R 4 zoning area and could yield 5/10 or more housing units. Think about that, new housing that is walking distance to Franklin St, UNC campus, shopping, and restaurants. There is a rental home on the property along with two storage buildings being sold as is. Do not disturb tenants, Property is a redevelopmeproperty.
Great location off of NC 86 with lots of road frontage. With this property's acreage the possibilities are endless. Included with land is approximately 21 mobile home sites. Income producing mobile home community ready to go.
Incredibly hard to find buildable lot in the Mt. Bolus neighborhood just minutes from downtown Chapel Hill and the Bolin Creek walking trail. This lot is over an acre on the corner of Mt. Bolus and Maple Drive. There is a stream on the property and an updated Stream Determination was completed on 9-1-2022. Request this document from the Listing Agent or see the MLS documents.
This is an investors dream, over 7 acres right off of HWY 40 on private road in Chapel Hill. Lot currently has a home on it that is unsafe to enter and has been vacant for many many years.
The median home value in Chapel Hill, NC is $550,100. This is higher than the county median home value of $429,400. The national median home value is $338,100. The average price of homes sold in Chapel Hill, NC is $550,100. Approximately 44.34% of Chapel Hill homes are owned, compared to 45.58% rented, while 10.08% are vacant. Chapel Hill real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Chapel Hill real estate agent to arrange a tour today!
Chapel Hill, North Carolina 27514 has a population of 60,920. Chapel Hill 27514 is more family-centric than the surrounding county with 36.24% of the households containing married families with children. The county average for households married with children is 35.02%.
The median household income in Chapel Hill, North Carolina 27514 is $77,037. The median household income for the surrounding county is $79,205 compared to the national median of $69,021. The median age of people living in Chapel Hill 27514 is 25 years.
The average high temperature in July is 88.8 degrees, with an average low temperature in January of 29.3 degrees. The average rainfall is approximately 46.3 inches per year, with 3.8 inches of snow per year.