1525 Tallyho Trl - 1511 Tallyho Trail
24 Acres of Residential Land Offered at $2,550,000 in Chapel Hill, NC 27516
EXECUTIVE SUMMARY
Wooded gentle topography. Use to build a few private enclave dream homes or develop into subdivision. Just 5 miles to the UNC -Chapel Hill campus and UNC Hospitals. Current zoning district is RR (Carrboro Zoning) with 1 acre lot minimums but other densities possible with rezoning. Near shopping, Research Triangle Park, and Duke Univ. too. All public utilities available due to recent sewer main extension that traverses the property. See survey for more details and specifics. North parcel is 1511 Tallyho Trail (PIN#9870329927) & South parcel is 1525 Tallyho Trl (PIN#9870421278)
PROPERTY FACTS
| Price | $2,550,000 |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Single Family Development |
| Total Lot Size | 24.00 AC |
1 LOT AVAILABLE
Lot
| Price | $2,550,000 |
| Price Per AC | $106,250.00 |
| Lot Size | 24.00 AC |
Terrific Development Opportunity. 2-parcel assemblage totaling 24 acres in prime Chapel Hill-Carrboro location. Surrounded by the existing Fox Meadow subdivision. Wooded gentle topography. Close to UNC-Ch.Hill, Duke, and hospital campuses.
DESCRIPTION
Just 5 miles to the UNC -Chapel Hill campus and UNC Hospitals. Current zoning district is RR (Carrboro Zoning) with 1 acre lot minimums but other densities possible with rezoning. Near shopping, Research Triangle Park, and Duke Univ. too. All public utilities available due to recent sewer main extension that traverses the property. See survey for more details and specifics. North parcel is 1511 Tallyho Trl (PIN#9870329927) & South parcel is 1525 Tallyho Trl (PIN#9870421278)
PROPERTY TAXES
| Parcel Number | 9870329927 | Improvements Assessment | $0 |
| Land Assessment | $320,200 | Total Assessment | $320,200 |
ZONING
| Zoning Code | R-R (Town of Carrboro jurisdiction. R-R (Rural Residential) with 1 acre min. lot size. Increased density possible with re-zoning approval.) |
