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860 Weaver Dairy Rd
Chapel Hill, NC 27514
Land For Sale
·
45.00 AC
EXECUTIVE SUMMARY
Multifamily/Mixed-Use Development Opportunity in Chapel Hill
Exceptional development opportunity totaling approximately 45 acres in North Chapel Hill. The most recent site plan features a 489-unit multifamily residential development including apartments, townhomes, and ancillary retail. Timberlyne Village Shopping Center, Caraway Village, and Carol Woods are nearby.
Exceptional development opportunity totaling approximately 45 acres in North Chapel Hill. The most recent site plan features a 489-unit multifamily residential development including apartments, townhomes, and ancillary retail. Timberlyne Village Shopping Center, Caraway Village, and Carol Woods are nearby.
PROPERTY FACTS Under Contract
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 1 | Proposed Use | |
| Property Type | Land | Total Lot Size | 45.00 AC |
| Zoning | MU-OI-1 - Multi-Family/ Mixed-Use | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 45.00 AC |
| Zoning | MU-OI-1 - Multi-Family/ Mixed-Use |
1 LOT AVAILABLE
Lot
| Price | $17,209,750 CAD | Lot Size | 45.00 AC |
| Price Per AC | $382,438.90 CAD |
| Price | $17,209,750 CAD |
| Price Per AC | $382,438.90 CAD |
| Lot Size | 45.00 AC |
Approximately 230' of road frontage on Weaver Dairy Road (annual average daily traffic of 14,000), and approximately 3,400' of road frontage on I-40 (annual average daily traffic of 68,000), and Old University Station Road.
PROPERTY TAXES
| Parcel Number | 9880564638 | Improvements Assessment | $0 CAD |
| Land Assessment | $10,943,631 CAD | Total Assessment | $10,943,631 CAD |
PROPERTY TAXES
Parcel Number
9880564638
Land Assessment
$10,943,631 CAD
Improvements Assessment
$0 CAD
Total Assessment
$10,943,631 CAD
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