Residential Land
For Sale
$230,000
Lot 1 Marvin Edwards Lane, Chapel Hill, NC 27516
A 2.25-acre residential lot offered with an expired 4-bedroom septic perk and room for your own builder.
Property SizeContact for details
Lot Size2.25 Acres
Days on Market172
Property Features for Lot 1 Marvin Edwards Lane
General Information
Standard status
Active
Lot size
2.25 Acres
Property subtype
Land / Unimproved Land
Taxes and HOA fees
Annual Taxes
$646
Amenities
Electricity Available
No
Listing Agency:
Coldwell Banker Advantage
(919) 360-2935
Listed By:
Eric White · License #256781
(919) 360-2935
Source:
Compass
Added: Mar 2
Changed: Aug 8
Last Checked: Mar 25 at 1:13PM
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 Coldwell Banker Advantage
Investment Insights
Based on property information with market context.
This offering includes a 2.25-acre residential land lot, with the opportunity to bring your own builder. The property previously had an approved, now expired, 4-bedroom septic perk. Additional information may be available in the document folder or by contacting the agent.
The lot is described as nicely located and is approximately 5 miles to UNC. An adjacent parcel with a beautiful home is also available for purchase.
While the septic perk is noted as expired, the property is being presented as a residential building site for a buyer who wants to plan and build under a new approval process.
The lot is described as nicely located and is approximately 5 miles to UNC. An adjacent parcel with a beautiful home is also available for purchase.
While the septic perk is noted as expired, the property is being presented as a residential building site for a buyer who wants to plan and build under a new approval process.
Key Highlights
- 2.25‑acre residential lot with electricity available
- Previously had an expired 4‑bedroom septic perk on file
- Just 5 miles to UNC
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
98
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?
Residential land & home lot - A 2.25-acre residential lot offered with an expired 4-bedroom septic perk and room for your own builder.
Where is this residential land & home lot located?
The property is located at Lot 1 Marvin Edwards Lane Chapel Hill, NC.
What is the asking price?
The asking price for this property is $230,000.
What are key features of this property?
This property features: 2.25‑acre residential lot with electricity available; Previously had an expired 4‑bedroom septic perk on file; Just 5 miles to UNC
