121 Elliott Rd - Commercial LAND FOR SALE


Chapel Hill, NC 27514- University Place135,036 SF
$2,500,000 USD
973-865-1826
121 Elliott Rd, Chapel Hill, NC for Sale
$2,500,000 USD
Commercial LAND - FOR SALE
1/6
135,036 SF

121 Elliott Rd
Chapel Hill, NC 27514
University Place


HIGHLIGHTS

  • Located in Sub-Area E of Chapel Hill’s North 15-501 Corridor Focus Area, where policy supports higher-density residential.
  • ±3.1 acres with frontage on Velma & N. Elliott near retail, transit, & established neighborhoods; one of the Triangle’s most supply-constrained area.
  • Public water & sewer along both frontages. No major off-site extensions anticipated; lowers development cost & timeline risks.

OVERVIEW

±3.1-acre vacant infill site in Chapel Hill along the East Franklin/Elliott Road corridor—designated within the Town’s Future Land Use Map as Sub-Area E, supporting higher-density residential in a transitional setting. Fully assembled with frontage on Velma Rd and N. Elliott Rd.

FOR SALE DETAILS

PRICE

$2,500,000 USD

PRICE/ACRE

$806,452/AC

PRICE/SF

$19 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Single Family Development

LAND ACRES

3.1 AC

LAND SF

135,036 SF

OFFSITE IMPROVEMENTS

-

ZONING

R-1

APN/PARCEL ID

2204740531

ASK ABOUT THIS PROPERTY

Joan MuellerNest RealtyMore Info
973-865-1826

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Joan MuellerNest RealtyMore Info
973-865-1826

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.