Entitled Light Industrial Land
7000 & 7001 Millhouse Road Chapel Hill, NC 27516
For Sale
Contact for pricing
Pending
Entitled 12.03-acre parcel in Chapel Hill with LICZD zoning and approval capacity for up to 405,000 SF.
Lot Size12.03 Acres
Days on Market109
Property Features for 7000 & 7001 Millhouse Road
General Information
Standard status
Pending
Lot size
12.03 Acres
Property subtype
Land
Listing Agency:
Foundry Commercial Raleigh
(919) 576-2680
Listed By:
Karl Hudson IV · License #NC 249294
Source:
Crexi
Added: Apr 11
Changed: Jul 20
Last Checked: Jul 27 at 7:57PM
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 Foundry Commercial Raleigh
Investment Insights
Based on property information with market context.
Foundry Commercial presents an entitled light industrial land parcel totaling 12.03 acres in Chapel Hill. The property holds an Innovative Light Industrial Conditional Zoning District (LICZD) designation within the Town of Chapel Hill and is entitled for up to 405,000 square feet of light industrial, lab, biotech, flex, storage, and office space.
The parcel is located on Millhouse Road in Northern Chapel Hill, with access to the broader area including 1-40 and Hwy 86, as well as nearby planned and mixed-use developments mentioned in the remarks.
The property also features form-based zoning within the Town of Chapel Hill, which is described as offering greater flexibility through completion of final site design and construction approval.
The parcel is located on Millhouse Road in Northern Chapel Hill, with access to the broader area including 1-40 and Hwy 86, as well as nearby planned and mixed-use developments mentioned in the remarks.
The property also features form-based zoning within the Town of Chapel Hill, which is described as offering greater flexibility through completion of final site design and construction approval.
Key Highlights
- 12.03‑acre entitled land parcel for sale in Northern Chapel Hill, on Millhouse Road
- Innovative Light Industrial Conditional Zoning District (LICZD) designation within the Town of Chapel Hill
- Entitled capacity for up to 405,000 SF of light industrial, lab, biotech, flex, storage, and office space
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Industrial land - Entitled 12.03-acre parcel in Chapel Hill with LICZD zoning and approval capacity for up to 405,000 SF.
Where is this industrial land located?
The property is located at 7000 & 7001 Millhouse Road Chapel Hill, NC.
What are key features of this property?
This property features: 12.03‑acre entitled land parcel for sale in Northern Chapel Hill, on Millhouse Road; Innovative Light Industrial Conditional Zoning District (LICZD) designation within the Town of Chapel Hill; Entitled capacity for up to 405,000 SF of light industrial, lab, biotech, flex, storage, and office space