0 Unionville Rd Chapel Hill, TN 37034
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.