WX-7 Commercial Land
2 & 3 Bypass Lane, Chapel Hill, NC 27517
For Sale
$1,795,000
Commercial development site with office, medical, retail, restaurant, and personal-service uses permitted by right.
Property SizeContact for details
Days on Market59
Property Features for 2 & 3 Bypass Lane
General Information
Standard status
Property subtype
Listed By:
Integra Realty
(919) 714-4663
Source:
Myintegrarealty
Added: Sep 12
Changed: Nov 2
Last Checked: Nov 8 at 5:42AM
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
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Investment Insights
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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.
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
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Location Intelligence
Trade Area within ½ mile
1,757
Businesses Nearby
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Business Placement
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 $1,795,000.
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
