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5520 Old Chapel Hill
Durham, NC 27707 Cross-County

Price Upon Request

Land For Sale  •  11.7 AC

Property Details

  • Property Type Land
  • Lot Size 11.7 AC
  • Zoning R-1
36 Transit Score
20 Walk Score

Description 

The Old Chapel Hill Rd Assemblage site is currently zoned R-1 in Chapel Hill’s Zoning jurisdiction with the future land-use plan calling for mixed-use, multifamily residential or commercial/ office. The Property's highest and best use is in maximizing the use of multifamily as the rents in the market can support various apartment building types including garden, high-density surface parking and builds utilizing structured parking.

Highlights

The site sits in the North 15-501 Corridor Sub Area A.
Rare opportunity to develop in the highly sought after and high barrier-to-entry Chapel Hill – Durham market.
Well located for a unique opportunity to develop uses such as commercial, retail, off-campus student housing, graduate housing or conventional.

Property Flyers

Public Transportation

Commuter RailDriveWalkDistance
16 min - 7.6 mi
AirportDriveWalkDistance
Raleigh-Durham International 24 min - 16.5 mi
Steven Peden 919-291-5650 Avison Young
Steven Peden 919-291-5650 Avison Young