Chapel Hill Redevelopment
For Sale
$1,450,000
Pending
4 Bolin, Chapel Hill, NC 27514
Prime location near UNC campus with redevelopment potential.
Property SizeContact for details
Lot Size0.77 Acres
Days on Market473
Property Features for 4 Bolin
General Information
Standard status
Pending
Lot size
0.77 Acres
Property subtype
Land or Vacant Lot
Taxes and HOA fees
Annual Taxes
$4,128
Listing Agency:
COLDWELL BANKER - HPW
(919) 960-6300
Listed By:
TOMMY L WATTS
Source:
Corcoran
Added: May 7, 2025
Changed: Aug 8
Last Checked: Aug 8 at 1:43PM
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 - HPW
Investment Insights
Based on property information with market context.
This 0.77-acre property presents a redevelopment opportunity, situated approximately 0.6 miles from the intersection of East Franklin Street and Columbia Street, placing it in the heart of Chapel Hill, North Carolina, and near the UNC Campus. The Town of Chapel Hill is encouraging new housing developments, with the Land Use Management Ordinance (LUMO) offering incentives for affordable housing projects. Zoned R-4, the property has the potential to yield 5 to 10 or more housing units. The location offers walking distance access to Franklin Street, the UNC campus, shopping, and restaurants. The property includes a rental home and two storage buildings, all being sold in as-is condition. It is a redevelopment property.
Key Highlights
- Prime location: Approximately 0.6 miles to East Franklin St. and Columbia St., near UNC Campus.
- Redevelopment opportunity: Property is designated as a redevelopment property.
- High‑density housing potential: R‑4 zoning allows for the development of 5‑10+ housing units.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
468
Businesses Nearby
Explore this area
Business Placement
Demographics for 27514, NC
33,809
Population
11,470
Households
2.9
Avg Household Size
27
Median Age
80%
College-Educated
98%
High-School Grad
19.6 sq mi
ZIP Area
1,725
Density / Sq Mi
$94,167
Median Household Income
$25,145
Median Earnings
$1,491
Median Rent
$628,700
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Prime location near UNC campus with redevelopment potential.
Where is this residential land & home lot located?
The property is located at 4 Bolin Chapel Hill, NC.
What is the asking price?
The asking price for this property is $1,450,000.
What are key features of this property?
This property features: Prime location: Approximately 0.6 miles to East Franklin St. and Columbia St., near UNC Campus.; Redevelopment opportunity: Property is designated as a redevelopment property.; High‑density housing potential: R‑4 zoning allows for the development of 5‑10+ housing units.
