0 Unionville Rd Chapel Hill, TN 37034
This exceptional 5-acre commercial land parcel in Chapel Hill, Tennessee, presents a unique development opportunity. Located at 0 Unionville Rd, this property boasts 786 feet of road frontage, offering excellent visibility and accessibility. Recently redivided from a larger parcel (original survey available), this land now has its own APN: 021 070.02, with details available in the attached Tennessee Property Assessment Data report. A new well was recently drilled on October 27th, 2023, and a well water driller's report is provided. A 3-bedroom perc site has already been identified, streamlining the building process. Taxes have not yet been assessed for this newly divided parcel. High-speed gigabit fiber internet is available, making this location ideal for a variety of commercial ventures. The property is subject to certain restrictions, prohibiting mobile/modular homes, junkyards, commercial swine or poultry operations, commercial livestock feed lots, commercial storage units, and cemeteries. This is an exceptional opportunity to acquire a well-situated, ready-to-develop commercial lot in a desirable Tennessee location. An additional 5.23 acres is also available separately (MLS# 2668942) with a 4-bedroom septic permit and well. Asking price is $240,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.