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Property summary
The property is an office development site located in Meadowmont within Chapel Hill, North Carolina, with convenient access to Interstate 40. It is described as permit-ready for development and is planned as a gateway project with major tenant building sign rights along Highway 54. The site is associated with Meadowmont, a planned pedestrian-oriented village environment within a larger 400-acre community that includes residential housing variety, retail and restaurant options, a 50,000-square-foot Harris Teeter market, office uses, civic spaces, public parks, and transit alternatives. The office site is stated to provide approximately 59,696 square feet of space, with the ability to tailor the building to specific tenant needs.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
The R-5-CZD districts are intended to provide for residential development of appropriate intensities consonant with the suitability of land, availability of public services, accessibility to major activity centers and tr…
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
R-5-CZD · Chapel Hill, NCThe R-5-CZD districts are intended to provide for residential development of appropriate intensities consonant with the suitability of land, availability of public services, accessibility to major activity centers and tr…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
The R-5-CZD districts are intended to provide for residential development of appropriate intensities consonant with the suitability of land, availability of public services, accessibility to major activity centers and tr…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for R-5-CZD in Chapel Hill, NC.
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Find the owner behind the property.
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