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Corner Development Land Parcel

1407 E Franklin Chapel Hill, NC 27514

1407 E Franklin, Chapel Hill, NC, 27514
$8,995,000
For Sale
$8,995,000

For sale corner lot comprised of two adjoining parcels on E Franklin Street, with prominent road frontage and easy access to I-40.

Days on Market279

Property Features for 1407 E Franklin

General Information

Standard status
Active
Property subtype
Land or Vacant Lot
Listing agency DAYMARK REALTY LLC
Listed by LOUIS A GUILLAMA · License #249287
Source Corcoran
Added: Oct 17, 2025 Updated: Jul 20 at 7:57PM Checked: Jul 22 at 9:33AM

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 DAYMARK REALTY LLC


Investment Insights

Based on property information with market context.

This for-sale corner development land package features two adjoining lots at the corner of N Estes Drive and E Franklin Street. The sale includes 1403 and 1407 E Franklin Street, providing a single site opportunity for a future landmark development on a high-density corridor transitional area.

The property is positioned for strong connectivity, with easy access to I-40, downtown Chapel Hill, and public transit as referenced in the public remarks. Road frontage is a key attribute of the site, supporting visibility and convenient vehicular access for a new build.

Interested parties should review the included parcel details for confirmation of frontage and buildable configurations prior to pursuing development plans.

Key Highlights

  • Corner lot comprised of two adjoining parcels on E Franklin Street (includes 1403 and 1407 E Franklin Street).
  • Prominent road frontage at the corner of N Estes Drive and E Franklin Street.
  • Located in the 15‑501 high density corridor transitional area.

Property Analytics

Location Intelligence

Current Use by Public Records

Anna Misior Physician FastMed Urgent Care Medical Clinic

Suggested Use

Auto Repair Shop Building Supply Grocery & Convenience Store Auto Parts Store Big Box & Wholesale Store Storage Facility Electrical Service (Bike/Boat/Book/etc) Store Parking Lot & Garage Plumbing Service

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

FAQs

What type of property is this?
Commercial land - For sale corner lot comprised of two adjoining parcels on E Franklin Street, with prominent road frontage and easy access to I-40.
Where is this commercial land located?
The property is located at 1407 E Franklin Chapel Hill, NC.
What is the asking price?
The asking price for this property is $8,995,000.
What are key features of this property?
This property features: Corner lot comprised of two adjoining parcels on E Franklin Street (includes 1403 and 1407 E Franklin Street).; Prominent road frontage at the corner of N Estes Drive and E Franklin Street.; Located in the 15‑501 high density corridor transitional area.
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