0 Unionville Rd Chapel Hill, TN 37034
This exceptional 10.23-acre commercial property in Chapel Hill, Tennessee, presents a unique development opportunity. Situated at 0 Unionville Rd, zip code 37034, this land is conveniently located near the town center. The property comprises two separate parcels: a 5.23-acre parcel (APN 021 070.00) and a 5-acre parcel (APN 021 070.02). While currently listed as a single entity, the parcels have been legally divided, and individual tax assessments are pending. The 5.23-acre parcel boasts an existing well and a septic permit approved for a four-bedroom home. The 5-acre parcel also features a new well and a soils report suitable for a three-bedroom home. This presents the potential for multiple residential developments or a mixed-use project. The property is subject to certain restrictions, prohibiting mobile/modular homes, junkyards, commercial swine or poultry operations, commercial livestock feedlots, commercial storage units, and cemeteries. The asking price for this expansive property is $500,000. This is an excellent investment opportunity for developers seeking a prime location in a growing Tennessee community. Contact us today to learn more about this exceptional property.
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
Similar Nearby for Sale
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.