Land For Sale • 11.7 AC
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.
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 |
Commuter Rail | Drive | Walk | Distance |
---|---|---|---|
Durham Amtrak Station (Carolinian - Amtrak, Piedmont - Amtrak) | 15 min | - | 7.6 mi |
Airport | Drive | Walk | Distance |
Raleigh-Durham International | 23 min | - | 16.5 mi |