Chapel Hill Timber Investment
For Sale
$2,499,900
01 Collins Mountain, Chapel Hill, NC 27516
89+/- acres near Chapel Hill with timber and development potential.
Lot Size89.00 Acres
Days on Market117
Property Features for 01 Collins Mountain
General Information
Standard status
Active
Lot size
89.00 Acres
Property subtype
Land or Vacant Lot
Listing Agency:
NATIONAL LAND REALTY CENTRAL N
(855) 384-5263
Listed By:
BOBBY SPIVEY · License #197369
Source:
Corcoran
Added: Apr 8
Changed: Jul 10
Last Checked: Aug 1 at 6:54AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NATIONAL LAND REALTY CENTRAL N
Investment Insights
Based on property information with market context.
This property presents a rare investment opportunity with 89+/- acres located approximately 10 miles from downtown Chapel Hill. The front 33+/- acres feature harvest-ready pines that have completed their second thinning. The back 56+/- acres were clear-cut and replanted around 2017, offering future timber value. The property is zoned Agriculture Residential, allowing a minimum lot size of 40,000 square feet. Well and Septic are needed. The land is enrolled in the Present Use Value timber program, providing deferred taxes, which the future buyer may choose to maintain. Buyers opting out of re-enrollment will be responsible for three years of rollback taxes, interest, and full property taxes going forward. The tax bill reflects the assessed value for being in the timber program. This acreage offers timber income and long-term development potential.
Key Highlights
- 89+/- acres located just 10 miles from downtown Chapel Hill.
- Front 33+/- acres features harvest‑ready pines.
- Back 56+/- acres was clear‑cut and replanted around 2017.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
12
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
Market
Properties on Market for Land in Chapel Hill
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Land - 89+/- acres near Chapel Hill with timber and development potential.
Where is this land located?
The property is located at 01 Collins Mountain Chapel Hill, NC.
What is the asking price?
The asking price for this property is $2,499,900.
What are key features of this property?
This property features: 89+/- acres located just 10 miles from downtown Chapel Hill.; Front 33+/- acres features harvest‑ready pines.; Back 56+/- acres was clear‑cut and replanted around 2017.
