I-40 & New Hope Church Rd Chapel Hill, NC 27516
- Land
- 49.70 lot acres
Current Use by Public Records
- Land
Property Details for I-40 & New Hope Church Rd
- Lot size
- 49.70 lot acres
- Property type
- Land
Description
This exceptional 49.7-acre parcel presents a remarkable opportunity for residential development. Located in Chatham County, North Carolina, near the intersection of I-40 and New Hope Church Road, this property boasts an ideal location just minutes from Chapel Hill, Durham, and Hillsborough. The land is zoned RB - Rural Buffer (Single Family), allowing for single-family residential construction. The property's APN is 9872540013 | 9872630055. Its convenient location offers easy access to major transportation routes and urban amenities while providing a tranquil setting. A significant advantage is the property's adjacency to Blackwood Farm Park, a 152-acre Orange County park, providing residents with access to extensive green space and recreational opportunities. This well-situated land is perfect for a subdivision project, offering the potential for significant returns. The existing well and septic infrastructure further enhances the development potential, minimizing initial infrastructure costs. This is a rare opportunity to acquire a substantial tract of land in a highly desirable area, poised for immediate development. The property's size and zoning make it an attractive investment for developers seeking to capitalize on the strong demand for residential properties in this rapidly growing region. The combination of location, zoning, and access to amenities makes this a truly exceptional opportunity. Contact us today to learn more.
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
- Chatham
- State
- North Carolina
- Longitude
- -79.0831
- Latitude
- 36.0118
