170 Cherokee Dr Chapel Hill, NC 27517
- Commercial real estate
- 1.15 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 170 Cherokee Dr
- Lot size
- 1.15 lot acres
- Property type
- Commercial real estate
Description
This exceptional 1.15-acre commercial land parcel presents a unique opportunity in Chapel Hill, North Carolina. Located at 170 Cherokee Drive, Chatham County, zip code 27517 (35.8509539, -79.071534), this property is zoned R-1 and offers unparalleled flexibility. Buyers can enjoy the freedom to choose their own builder and construction timeline, making it ideal for a variety of projects. The lot's secluded setting, tucked away off a private road connecting to Old Lystra Road, provides a peaceful atmosphere while remaining conveniently close to key areas. Enjoy easy access to the University of North Carolina, downtown Chapel Hill, Chatham Park, Raleigh-Durham International Airport (RDU), and the Research Triangle Park (RTP). This unrestricted property boasts no covenants, HOA fees, or RMA restrictions, allowing for diverse development possibilities. Modular homes, log cabins, and even hobby garages are all permitted. An additional lot is also available for purchase, presenting an opportunity for expansion or investment. This is a rare chance to acquire a versatile commercial lot in a highly desirable location. The asking price is $100,000.
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
- -79.071534
- Latitude
- 35.8509539
