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406 W Rosemary St
Chapel Hill, NC 27516

Land For Sale · 0.23 AC

Executive Summary

Adjacent to mixed-use developments, this property is less than half a mile from the UNC campus and near Franklin Street, in a location popular among students and close to dining and retail options.

PROPERTY FACTS

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Total Lot Size 0.23 AC

1 Lot Available

Lot

Price $1,564,343 CAD
Price Per AC $6,801,491 CAD
Lot Size 0.23 AC

Description

This location presents an excellent opportunity for multifamily/mixed-use development. Located in the heart of Chapel Hill, it offers easy access to the vibrant downtown area, renowned for its diverse dining, shopping, and cultural experiences. Proximity to the University of North Carolina at Chapel Hill attracts students, faculty, and staff. Additionally, the location has excellent connectivity to public transportation and major roadways, enhancing its appeal for residents seeking convenience and accessibility. The location's blend of urban amenities and a strong community atmosphere makes it an ideal mixed-use/multifamily development.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
9788162712
Land Assessment
$756,416 CAD
Improvements Assessment
$63,315 CAD
Total Assessment
$819,731 CAD

zoning

Zoning Code TC-2 (Mixed use)
TC-2 (Mixed use)
  • Listing ID: 32790052

  • Date on Market: 2024-08-14

  • Last Updated:

  • Address: 406 W Rosemary St, Chapel Hill, NC 27516

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