Search
Chapel Hill Redevelopment Opportunity
For Sale
$2,300,000

870 Weaver Dairy, Chapel Hill, NC 27514

2.4 acres suitable for multifamily development, subject to town approval.

Property Size3,240 SF
Price / SF$709.88
Days on Market452

Property Features for 870 Weaver Dairy

General Information

Standard status Active
Size 3,240 SF

Building Details

Year Built 1975
Listing Agency: WARD & MISENHEIMER REALTORS
Listed By: LUTHER MISENHEIMER
Source: Corcoran
Added: May 27, 2025 Changed: Mar 16 Last Checked: Mar 16 at 9:09AM

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 WARD & MISENHEIMER REALTORS

Investment Insights

Based on property information with market context.

Located at 870 Weaver Dairy Road, this property offers 2.4 acres of land suitable for redevelopment. The site presents possibilities for multifamily housing, apartments, or condominiums, subject to town approval. The existing church building, comprising 3240 square feet, is situated at the rear of the property. The property was formerly occupied by St. Benedict's Church, which has decided to relocate.

Key Highlights

  • Prime 2.4‑acre parcel ideal for redevelopment.
  • Excellent location at 870 Weaver Dairy Road.
  • Suitable for multifamily, apartments, or condominiums (subject to town approval).

Property Analytics

Current Use

St Benedict's Anglican ... Church

Suggested Use

Top Pick Hair Salon Law Firm Building Supply HVAC Service Nail Salon Big Box & Wholesale 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.

Location Intelligence

Trade Area within ½ mile

615
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

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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?
Church & religious facility - 2.4 acres suitable for multifamily development, subject to town approval.
Where is this church & religious facility located?
The property is located at 870 Weaver Dairy Chapel Hill, NC.
What is the asking price?
The asking price for this property is $2,300,000.
What are key features of this property?
This property features: Prime 2.4‑acre parcel ideal for redevelopment.; Excellent location at 870 Weaver Dairy Road.; Suitable for multifamily, apartments, or condominiums (subject to town approval).
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message