1942 Jones Ferry Rd Chapel Hill, NC 27516
- Land
- 22.55 lot acres
Current Use by Public Records
- Land
Property Details for 1942 Jones Ferry Rd
- Lot size
- 22.55 lot acres
- Property type
- Land
Description
This exceptional 22.55-acre residential land parcel presents a unique development opportunity in Southern Orange County, North Carolina. Located on Jones Ferry Road, near the Chatham County line, this property boasts an agricultural residential zoning designation and is situated within the Haw River Protected Watershed. Recent nearby new home sales have exceeded $1,000,000, indicating strong market demand and potential for significant return on investment. The site's potential yield is estimated at up to nine individual lots, making it ideal for a variety of residential development projects. Conveniently located within a 10-minute drive of Chapel Hill and Carrboro, and a 15-minute drive of Pittsboro and Chatham Park, this property offers unparalleled access to thriving communities and amenities. The Orange County PIN is 9757-31-5790-000. The asking price is $500,000, translating to approximately $22,172.95 per acre. This represents a compelling opportunity to acquire a substantial land holding in a highly desirable area. The property's address is 1942 Jones Ferry Rd, Chapel Hill, NC 27516.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Chapel Hill
- County
- Orange
- State
- North Carolina
- Longitude
- -79.1556
- Latitude
- 35.8688
