Property summary
This exceptional 5.23-acre commercial land parcel presents a unique opportunity in Chapel Hill, Tennessee. Located at 0 Unionville Rd, zip code 37034, this property boasts a convenient location close to town. Previously part of a larger 10.23-acre parcel, this recently redivided lot is ready for development. A 4-bedroom septic permit and well permit are already in place, simplifying the building process. Supporting documentation, including well receipts and the old survey, are available. Gigabit fiber internet access is also available, ensuring modern connectivity. While taxes have yet to be assessed, the property's potential is undeniable. The sale is subject to certain restrictions, prohibiting mobile/modular homes, junkyards, commercial swine or poultry operations, commercial livestock feed lots, commercial storage units, and cemeteries. Note that the tax map still reflects the original 10.23-acre parcel. An additional 5-acre parcel is available separately (MLS#2585478), featuring a soil site suitable for a 3-bedroom home and a well. The asking price for this 5.23-acre lot is $260,000. Please be aware that there is currently an accepted offer with a contingency clause dependent on the buyer's property sale, and the buyers retain a 48-hour right of refusal.
Property profile
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Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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