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100 Meadowbrook Dr 1.2 Acres of Commercial Land Offered at $3,152,100 CAD in Chapel Hill, NC 27514

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EXECUTIVE SUMMARY

$43.62/psf

PROPERTY FACTS

Price $3,152,100 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Mixed Use
  • Multifamily
  • Public Park
  • Storefront
Total Lot Size 1.20 AC
Opportunity Zone Yes
Zoning R-1 - Residential

1 LOT AVAILABLE

Lot

Price $3,152,100 CAD
Price Per AC $2,626,750.10 CAD
Lot Size 1.20 AC

Future Land Use: Multifamily, Shops & Office, Commercial, Parks, Green Space/Gathering Space. Located in an Opportunity Zone & one of Chapel Hill’s Transitional Areas

DESCRIPTION

This 3-parcel land assemblage is located in one of Chapel Hill’s designated Transitional Areas, offering versatile future land use possibilities including multifamily, commercial, office, retail, parks, and green space. Situated in an Opportunity Zone, this site provides potential tax incentives for developers. Its strategic location is ideal for a mixed-use development that combines residential, commercial, and community spaces, perfectly aligning with Chapel Hill’s vision for growth and sustainability.

  • Listing ID: 32987371

  • Date on Market: 2024-08-28

  • Last Updated:

  • Address: 100 Meadowbrook Dr, Chapel Hill, NC 27514

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