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121 Elliott Rd
Chapel Hill, NC 27514 University Place

$2,500,000 USD

Land For Sale  •  3.1 AC

Property Details

  • Property Type Land
  • Lot Size 3.1 AC
  • Zoning R-1
35 Transit Score
73 Walk Score

Description 

Public water and sewer are available along both frontages. Concept plan illustrates approximately 25–30 residential units, thoughtfully designed around an existing RCD buffer. Currently zoned R-1; rezoning required. Strong policy support and prime location near retail, transit, and established neighborhoods.

Highlights

Located in Sub-Area E of Chapel Hill’s North 15-501 Corridor Focus Area, where policy supports higher-density residential.
±3.1 acres with frontage on Velma & N. Elliott near retail, transit, & established neighborhoods; one of the Triangle’s most supply-constrained area.
Public water & sewer along both frontages. No major off-site extensions anticipated; lowers development cost & timeline risks.

Public Transportation

Commuter RailDriveWalkDistance
Durham Amtrak Station (Carolinian - Amtrak, Piedmont - Amtrak) 18 min - 9.2 mi
AirportDriveWalkDistance
Raleigh-Durham International 26 min - 18.0 mi
Joan Mueller 973-865-1826 Nest Realty
Joan Mueller 973-865-1826 Nest Realty