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WX-7 Commercial Land Site
For Sale
$1,950,000

2 & 3 Bypass Lane, Chapel Hill, NC 27517

Commercial development site with office, medical, retail, restaurant, and personal-service uses permitted by right.

Property SizeContact for details
Days on Market9

Property Features for 2 & 3 Bypass Lane

General Information

Standard status Active
Property subtype Land
Listed By: Integra Realty
Source: Myintegrarealty
Added: Sep 12 Changed: Sep 18 Last Checked: Sep 20 at 8:30AM

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 Integra Realty

Investment Insights

Based on property information with market context.

This 0.72-acre commercial land assemblage combines two contiguous parcels at 2 Bypass Ln and 3 Bypass Ln in Chapel Hill’s Blue Hill District. The site is zoned WX-7, which permits buildings up to 7 stories and 90 feet, with no units-per-acre density cap. Office, medical, retail, restaurant, and personal-service uses are permitted by right.

Infrastructure includes a newly installed sewer main and an 8-inch water tap. New public frontage was established along the south property line in 2021. The development standards also allow upper-story balconies, pedestrian galleries, and structural awnings to project into front setbacks and extend up to 8 feet into the public right-of-way.

Key Highlights

  • 0.72‑acre commercial site combining 2 Bypass Ln (0.35 AC) and 3 Bypass Ln (0.37 AC)
  • WX‑7 zoning permits buildings up to 7 stories and 90 feet
  • No units‑per‑acre density cap

Property Analytics

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Current Use

Commercial land

Suggested Use

Top Pick Building Supply Auto Repair Shop Grocery & Convenience Store Electrical Service Big Box & Wholesale Store (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,757
Businesses Nearby

Demographics for 27517, NC

28,837
Population
13,015
Households
2.2
Avg Household Size
44
Median Age
75%
College-Educated
95%
High-School Grad
46.0 sq mi
ZIP Area
627
Density / Sq Mi
$124,821
Median Household Income
$60,005
Median Earnings
$1,518
Median Rent
$571,900
Median Home Value
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Frequently Asked Questions

What type of property is this?
Commercial land - Commercial development site with office, medical, retail, restaurant, and personal-service uses permitted by right.
Where is this commercial land located?
The property is located at 2 & 3 Bypass Lane Chapel Hill, NC.
What is the asking price?
The asking price for this property is $1,950,000.
What are key features of this property?
This property features: 0.72‑acre commercial site combining 2 Bypass Ln (0.35 AC) and 3 Bypass Ln (0.37 AC); WX‑7 zoning permits buildings up to 7 stories and 90 feet; No units‑per‑acre density cap
More about this property
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