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0 Unionville Rd Chapel Hill, TN 37034

OFF-MARKET Land Google Maps
5.23 ac lot
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

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

Verified
Property type Land
Lot 5.23 ac (227,819 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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