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    Teer Rd Chapel Hill, NC 27516

    Sponsored
    For Sale
    Under Contract
    $1,400,000

    LAND - Chapel Hill, NC

    Lot size:
    34.24 Acres
    Days on Market:
    52
    Last Refresh:
    Jan 8 at 3:06 am

    Property Features for Teer Rd

    General Information

    Special listing conditions
    Standard
    Property type
    Land
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active Under Contract
    Zoning
    AR
    APN
    9830620930
    Lot size
    34.24 Acres

    Utilities

    Water front
    1

    York Realty (336) 302-3663

    Listing agent Jonathan Clark York License #285533

    Listing date Nov 18, 2025

    MLS# 100532811 Listing URL

    Copyright © 2025 HIVE MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Chapel Hill Land Opportunity

    This 34.242-acre parcel is located off Teer Road in Chapel Hill, Orange County, North Carolina. The property features a combination of open fields, wooded forests, and views of the OWASA Reservoir. There are multiple potential building locations for designing a residence. The land is currently enrolled in Orange County's Present Use Value (PUV) tax deferment program for agriculture and forestry. Access to the property is provided by a private 60-foot easement from Teer Road. The location provides access to town amenities, schools, and major highways.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Agricultural land

    Map

    City
    Chapel Hill
    County
    Orange
    State
    North Carolina
    Longitude
    -79.21548
    Latitude
    35.960272

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    FAQs

    What type of property is this?
    Land - 34.24 acres in Orange County, Chapel Hill, NC.
    Where is this land located?
    The property is located at Teer Rd Chapel Hill, NC.
    What is the asking price?
    The asking price for this property is $1,400,000.
    What are key features of this property?
    This property features: - 34.242-acre parcel in Chapel Hill, Orange County.; - Breathtaking views of the OWASA Reservoir.; - Multiple potential building locations on the property.
    (336) 302-3663
    Request Owner's contact information
    Teer Rd Chapel Hill, NC 27516
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Teer Rd Chapel Hill, NC 27516
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