Listing Agency: Weaver Street Realty & Auction

Listed By: Adam Phillips, Gary Phillips Show Phone

Source: Livelovechapelhilldurham

Added: Mar 5 Changed: Oct 3 Last Checked: Oct 6 at 12:50AM

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Investment Insights

Based on property information with market context.

This property features over 100 acres of wooded land, characterized by a mix of hardwoods and evergreens. Neville Creek runs through the heart of the land, which consists of three separate parcels. Access is available via 120 feet of road frontage on Ferguson Rd, at the end of Millard Whitley Rd, with a potential third access point from Jones Ferry Rd. The land has been recently surveyed and is easy to walk, with a soil survey on file. Located minutes from downtown Carrboro, the property is divided by the school system boundary between Orange County School District and Chapel Hill-Carrboro School District.

Key Highlights

• Over 100 acres of wooded land with Neville Creek.
• Minutes from downtown Carrboro.
• Three separate parcels.

Property Analytics

Current Use

Land

Suggested Use

Top Pick Building Supply Real Estate Agency Parking Lot & Garage Storage Facility Furniture & Home Goods Law Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

14

Businesses Nearby

Explore this area Business Placement

Demographics for 27516, NC

45,841

Population

18,684

Households

2.5

Avg Household Size

35

Median Age

72%

College-Educated

96%

High-School Grad

93.5 sq mi

ZIP Area

490

Density / Sq Mi

$100,788

Median Household Income

$48,638

Median Earnings

$1,446

Median Rent

$508,400

Median Home Value

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Land - Over 100 acres of wooded land near Carrboro.

Where is this land located?

The property is located at 0 000 Ferguson Road Chapel Hill, NC.

What is the asking price?

The asking price for this property is $2,490,000.

What are key features of this property?

This property features: Over 100 acres of wooded land with Neville Creek.; Minutes from downtown Carrboro.; Three separate parcels.