For Sale
For Sale
-
Overview
Property is located adjacent to where the town plans for the Elliot Road extension to pass through to Ephesus Church Rd. The property also sits inside the Ephesus-Forham aka Blue Hill District. Great opportunity to own some of Chapel Hill's hottest real estate. Sitting inside the Blue Hill District, pre-determined design guidelines are in place to streamline the process for development and to promote creativity & walkability in this part of town. Potential to assemble with adjacent lots 1 +2 Bypass Ln for a total of 1.18 of contiguous land. This lot does have a residence on the lot currently used as a rental. The Town has plans to extend Elliot Road right past this lot to connect with Ephesus Church Rd. The apartments behind this property are slated for a complete redevelopment.
Property Details
Property is located adjacent to where the town plans for the Elliot Road extension to pass through to Ephesus Church Rd. The property also sits inside the Ephesus-Forham aka Blue Hill District. Great opportunity to own some of Chapel Hill's hottest real estate. Sitting inside the Blue Hill District, pre-determined design guidelines are in place to streamline the process for development and to promote creativity & walkability in this part of town. Potential to assemble with adjacent lots 1 +2 Bypass Ln for a total of 1.18 of contiguous land. This lot does have a residence on the lot currently used as a rental. The Town has plans to extend Elliot Road right past this lot to connect with Ephesus Church Rd. The apartments behind this property are slated for a complete redevelopment.
- Property TypeLand
- Submarket
- Sale Price$325,000
- Total Acres0.37
- Sale StatusAvailable
- Property ID2001175