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Residential Lot with Septic Permit
For Sale
$395,000

5500 Carolina Ave, Chapel Hill, NC 27514

Build-ready lot with an existing 5-bedroom septic permit, offering a straightforward path to designing your home.

Property SizeContact for details
Days on Market136

Property Features for 5500 Carolina Ave

General Information

Standard status Active
Property subtype Land

Additional Details

Highway Access Yes

Taxes and HOA fees

Annual Taxes $2,277
Listing Agency: Nest Realty of the Triangle
Listed By: Johnny May · License #333184
Source: Exprealty
Added: Apr 9 Changed: Aug 8 Last Checked: Jul 16 at 12:12PM

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 Nest Realty of the Triangle

Investment Insights

Based on property information with market context.

This offering is for LOT 2 only. The property includes an existing 5-bedroom septic permit, which can support the development of a single-family home while you plan your build.

The site is described as being conveniently located between I-40 and I-85, providing a quick commute to UNC or Duke. The seller notes that the listing is conceptual until you see it in person.

For buyers looking to build, the key advantage here is the already-established septic plan for a 5-bedroom home concept. If you are comparing options, note that LOT 1 includes an existing house on 3.73 acres and is listed separately under MLS #10146103.

Key Highlights

  • Lot 2 only; Lot 1 includes an existing house on 3.73 acres and is listed under MLS #10146103
  • Existing 5‑bedroom septic permit is ready for the build
  • Convenient access between I‑40 and I‑85

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Nail Salon Hair Salon Auto Repair Shop Bakery (Bike/Boat/Book/etc) Store Grocery & Convenience 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.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

497
Businesses Nearby

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Build-ready lot with an existing 5-bedroom septic permit, offering a straightforward path to designing your home.
Where is this residential land & home lot located?
The property is located at 5500 Carolina Ave Chapel Hill, NC.
What is the asking price?
The asking price for this property is $395,000.
What are key features of this property?
This property features: Lot 2 only; Lot 1 includes an existing house on 3.73 acres and is listed under MLS #10146103; Existing 5‑bedroom septic permit is ready for the build; Convenient access between I‑40 and I‑85
More about this property
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