23 Bypass Lane, Chapel Hill, NC 27517
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23 Bypass Lane, Chapel Hill, NC 27517
23 Bypass Lane, Chapel Hill, NC 27517
23 Bypass Lane, Chapel Hill, NC 27517
23 Bypass Lane, Chapel Hill, NC 27517
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Listed by Bold Real Estate
$ 1,950,000
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23 Bypass Lane Chapel Hill, NC 27517

2 Baths

0.72 Acres Lot


UPDATED:

Key Details

Property Type Vacant Land

Sub Type Unimproved Land

Listing Status Active

Purchase Type For Sale

Subdivision Not In A Subdivision

MLS Listing ID 10191994

HOA Y/N No

Annual Tax Amount $9,808

Lot Size 0.720 Acres

Acres 0.72

Lot Dimensions 200x161x202x150

Property Sub-Type Unimproved Land

Source Doorify MLS

Property Description

A 0.72-acre commercial site in the heart of Chapel Hill's Blue Hill District, well suited for mixed use development. 2 & 3 Bypass Ln combines two contiguous parcels, 2 Bypass Ln (0.35 AC) and 3 Bypass Ln (0.37 AC), into a single opportunity zoned WX-7, allowing buildings up to 7 stories and 90 feet with no units-per-acre density cap and a wide range of commercial uses permitted by right, including office, medical, retail, restaurant, and personal service. The properties feature a newly installed sewer main and 8-inch water tap, a dedicated, new (2021) public frontage along the south property line in 2021. Developers can build structural elements—including upper-story balconies, pedestrian galleries, and structural awnings, that extend directly into front setbacks and up to 8 feet into the public right-of-way, creating an intimate relationship with the streetscape.

Location

State NC

County Orange

Community Not In A Subdivision

Area 0.72

Zoning WX-7

Interior

Fireplace No

Exterior

Utilities Available Sewer Connected, Water Connected

Garage No

Building

Lot Description Corner Lot

Water Public

New Construction No

Schools

Elementary Schools Chapel Hill Carrboro - Ephesus Road Elementary School

Middle Schools Chapel Hill Carrboro - Guy B Phillips Middle School

High Schools Chapel Hill Carrboro - East Chapel Hill High School

Others

Senior Community No

Tax ID 9799340467 & 9799340349

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional


Doorify MLS
Garrett Fry

Garrett Fry

Agent

+1(909) 848-6629

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23 Bypass Lane