Residential Development Land
For Sale
$1,400,000
271 Erwin, Chapel Hill, NC 27514
2.71-acre land tract positioned near Chapel Hill retail, dining, medical, and employment centers.
Property SizeContact for details
Lot Size2.71 Acres
Days on Market23
Property Features for 271 Erwin
General Information
Standard status
Active
Lot size
2.71 Acres
Property subtype
Land or Vacant Lot
Taxes and HOA fees
Annual Taxes
$8,661
Listing Agency:
ASA PROPERTIES NC, LLC
(919) 608-3542
Listed By:
ANDREW SURIANO
Source:
Corcoran
Added: Jul 21
Changed: Aug 8
Last Checked: Jul 23 at 4:16AM
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 ASA PROPERTIES NC, LLC
Investment Insights
Based on property information with market context.
For sale at 271 Erwin, this 2.71-acre Chapel Hill land tract offers a versatile platform for residential development, private estate use, or a long-term investment hold. The property is presented as an opportunity for buyers seeking development flexibility and quality acreage in the Chapel Hill market.
The tract is described as being in close proximity to Chapel Hill’s retail, dining, medical, and employment centers. It also provides convenient access to Chapel Hill, Durham, and the greater Research Triangle region, supporting its appeal to end users and investors focused on continued residential demand.
With its size and location, the site is positioned to accommodate a range of residential concepts referenced in the remarks, including a potential townhome development or an exclusive private estate, along with consideration for future development potential.
The tract is described as being in close proximity to Chapel Hill’s retail, dining, medical, and employment centers. It also provides convenient access to Chapel Hill, Durham, and the greater Research Triangle region, supporting its appeal to end users and investors focused on continued residential demand.
With its size and location, the site is positioned to accommodate a range of residential concepts referenced in the remarks, including a potential townhome development or an exclusive private estate, along with consideration for future development potential.
Key Highlights
- 2.71‑acre land tract in Chapel Hill
- Located near Chapel Hill retail, dining, medical, and employment centers
- Close access to Chapel Hill, Durham, and the greater Research Triangle region
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
873
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - 2.71-acre land tract positioned near Chapel Hill retail, dining, medical, and employment centers.
Where is this residential land & home lot located?
The property is located at 271 Erwin Chapel Hill, NC.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: 2.71‑acre land tract in Chapel Hill; Located near Chapel Hill retail, dining, medical, and employment centers; Close access to Chapel Hill, Durham, and the greater Research Triangle region
