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Forested Residential Land Lot

7023 Southern, Chapel Hill, NC 27516

For Sale
$350,000

Forested lot with pine and hardwood growth, an ephemeral stream, and access via a private gravel road.

Property SizeContact for details
Days on Market243

Property Features for 7023 Southern

General Information

Standard status Active
Property subtype Land or Vacant Lot

Additional Details

Road Access Yes

Taxes and HOA fees

Annual Taxes $1,160

Amenities

Corners Marked
Many Trees
Sloped
Wooded
Listing Agency: MINT REALTY LLC
Listed By: BRYAN KEMPTER · License #264363
Source: Corcoran
Added: Mar 12 Changed: Nov 8 Last Checked: Nov 8 at 5:19AM

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 MINT REALTY LLC

Rey
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Investment Insights

Based on property information with market context.

This for-sale residential land lot features a mix of pine and hardwood forest along with an ephemeral stream. Access is provided by a private gravel road. The property is suitable for building a single dream home, and horses and chickens are permitted under the property rules.

When the land was originally subdivided in 1988, septic permits were issued; however, any buyer will need to obtain new permits from the Orange County Health Department. Restrictive covenants also limit subdivision, prohibiting any subdivision smaller than 10 acres.

Centrally, the appeal of the site is its natural wooded setting and existing access configuration, with the key permitting item for development being replacement septic approvals through the county.

Key Highlights

  • Forested lot with both pine and hardwood growth.
  • Includes an ephemeral stream on the property.
  • Access via a private gravel road.

Property Analytics

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Building Supply HVAC Service Grocery & Convenience 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.

Lease Details

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

89
Businesses Nearby

Demographics for 27516, NC

45,841
Population
18,684
Households
2.5
Avg Household Size
35
Median Age
72%
College-Educated
96%
High-School Grad
93.5 sq mi
ZIP Area
490
Density / Sq Mi
$100,788
Median Household Income
$48,638
Median Earnings
$1,446
Median Rent
$508,400
Median Home Value

Frequently Asked Questions

What type of property is this?
Residential land & home lot - Forested lot with pine and hardwood growth, an ephemeral stream, and access via a private gravel road.
Where is this residential land & home lot located?
The property is located at 7023 Southern Chapel Hill, NC.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Forested lot with both pine and hardwood growth.; Includes an ephemeral stream on the property.; Access via a private gravel road.
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