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Forested Farmland Lot with Private Gravel Road
For Sale
$350,000

7023 Southern Trail, Chapel Hill, NC 27516

LAND - Chapel Hill, NC

Property SizeContact for details
Lot Size10.01 Acres
Days on Market165

Property Features for 7023 Southern Trail

General Information

Property type Land
Property subtype Other
Zoning AR
Vegetation Heavily Wooded, Wooded, Natural State
Subdivision Southwest Acres
Lot features Corners Marked, Many Trees, Sloped, Wooded
View Forest
Elementary school Orange - Grady Brown Elementary
Middle school Orange - A L Stanback Middle
High school Orange - Cedar Ridge High
Standard status Active
APN 9728720202
Lot size 10.01 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description #7 Southwest Acres 1 P 49/132
Tax Annual Amount 1160
HOA Fee $600 Annually
Legal Description #7 Southwest Acres 1 P 49/132

Utilities

Utilities Propane
Sewer type Septic Needed, Perc Test Required
Water source Well Needed
Listing Agency: Mint Realty LLC
Listed By: Bryan Kempter
Added: Mar 11 Changed: Aug 3 Last Checked: Aug 22 at 12:06AM
MLS# 10151965

Copyright © 2026 Doorify MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This agricultural/farmland lot offers a wooded setting with both pine and hardwood forest. The property includes an ephemeral stream and a private gravel road that supports more secluded access. Horses and chickens are permitted, subject to the property’s restrictive covenants.

The lot is zoned AR. Septic permits were issued when the land was originally subdivided in 1988, and the buyer will need to obtain new permit approval from the Orange County Health Department. Restrictive covenants prohibit subdivision smaller than 10 acres.

Utilities include propane. A well is needed for water service, and sewer is listed as septic needed, with a perc test required.

Key Highlights

  • 10.01 acres of pine and hardwood forest farmland
  • Ephemeral stream on the property
  • Private gravel road for access

Property Analytics

Current Use

Agricultural land / Farmland

Suggested Use

Top Pick Carpet & Flooring Store Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

8
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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Agricultural land / Farmland - Forested farmland lot with an ephemeral stream, private gravel road, and utilities including propane; well and septic/perk approval are needed.
Where is this agricultural land / farmland located?
The property is located at 7023 Southern Trail 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: 10.01 acres of pine and hardwood forest farmland; Ephemeral stream on the property; Private gravel road for access
More about this property
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