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    1 Shepherd Ln, Unit B4 Chapel Hill, NC 27514

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    For Sale
    $187,500

    Renovated 2-bedroom condo in prime Chapel Hill location.

    Lot size:
    0.01 Acres

    Property Features for 1 Shepherd Ln

    General Information

    Lot size
    0.01 Acres
    Exterior features
    1, : "Shingle"
    Interior features
    1, : "Wall/Window Unit(s)", "2": "Baseboard"

    Building Details

    Year built
    1967

    Source: HHome Realty LLC Agent HHome Realty LLC

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Renovated Condo Near University Place

    Located at 1 Shepherd Ln Unit B4 in Chapel Hill, this is a fully renovated 2-bedroom, 1-bath end-unit condo. The property benefits from abundant natural light and features a new kitchen with newer appliances. A barn-style washer and dryer are included. The interior has fresh paint and new luxury vinyl plank flooring throughout. Situated on a high crawlspace lot, the property has a history of never flooding. The location is within walking distance to University Place Mall, bus stops, shopping centers, Harris Teeter, banks, and the post office. Zoned for top-rated Orange County schools, this property is suitable for UNC employees, students, first-time buyers, or investors. It offers strong rental potential in one of the Triangle's most desirable areas.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Law Firm Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chapel Hill
    County
    Orange
    State
    North Carolina
    Longitude
    -79.032104
    Latitude
    35.925291

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    FAQs

    What type of property is this?
    Apartment building - Renovated 2-bedroom condo in prime Chapel Hill location.
    Where is this apartment building located?
    The property is located at 1 Shepherd Ln, Unit B4 Chapel Hill, NC.
    What is the asking price?
    The asking price for this property is $187,500.
    What are key features of this property?
    This property features: - Prime location: Walking distance to University Place Mall, bus stops, shopping centers, Harris Teeter, banks, and the post office.; - Fully renovated: Enjoy a brand-new kitchen with newer appliances, fresh interior paint, and new luxury vinyl plank flooring throughout.; - Never flooded: Situated on a high crawlspace lot with a history of no flooding.
    Request Owner's contact information
    1 Shepherd Ln, Unit B4 Chapel Hill, NC 27514
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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
    1 Shepherd Ln, Unit B4 Chapel Hill, NC 27514
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