1407 multiple E Franklin Street, Chapel Hill, NC 27514

$8,995,000
Property Type: Land Lot Size (sq. ft.): 113,256 Status: Active
Current Price: $8,995,000 List Date: 10/17/2025 Last Modified: 10/18/2025

Description

Marquee corner lot in 15-501 high density corridor transitional area is waiting for the next visionary to construct a landmark development. Unmatched road frontage with easy access to I-40, downtown Chapel Hill, and public transit. Two adjoining lots on the corner of N Estes Drive and E Franklin Street. You won't find another opportunity like it. Make your mark in the most recognized strip in the Triangle. Sale includes 1403 & 1407 E Franklin Street.

More Information MLS# 100536813

Contract Info

Delayed Marketing?: No Sub-Type: Mixed Use List Price/Acre: 3459615.38 Stipulation of Sale: Standard Status: Active Marketing Start Date: 2025-10-17 Listing Price: 8995000 Current Price: $8,995,000

Location Information

Lot #: multiple City Limits: Yes Marketing City: Chapel Hill Secondary Subdivision: N/A Street #: 1407 Pre Direction: E Street Name: Franklin Street Suffix: Street County: Orange State/Province: NC Zip Code: 27514 Subdivision: Not In Subdivision Geo Lat: 35.929144 Geo Lon: -79.034812

Remarks and Showing

Sign on Property: Yes Directions to Property: Take I-40 to 15-501 (Exit 270) turn South. Follow sign to Franklin Street. Property is the northwest corner of Estes & E Franklin, including adjoining residential property on E Franklin.

Property Exterior Info

Acres - Total: 2.6 Lot Dimensions: see GIS Lot SqFt: 113256 Deed Restriction: Yes Waterfront: No Total Road Frontage: 800 Waterview: No Location Type: Mainland Water Frontage: 0

Legal and Taxes

Tax Assessed Value: 4007800 Deed Book: 6646 Deed Page: 842852 Legal: see attached deeds Broker Owner: No PID: 9789934170/978992585 Tax Identifier: 9789934170 Plat Book: 1 & 11 Plat Page: 27 & 28 Special Assessments: 0 Tax Year: 2024 Zoning: CC HOA: No Cobra Zone: No Elementary School: Other High School: East Chapel Hill

Current Use

Commercial: 1 Medical/Dental: 1 Residential: 1 Retail: 1

Bldgs on Property

Main House: 1 Shed(s): 1 See Remarks: 1

Soil Evaluation

Soil Evaluation - Yes: 1

Frontage Type

See Remarks: 1

View Type

See Remarks: 1

Topography

Cleared/Partial: 1

Lot Water Features

None: 1

Terms

Cash: 1 Seller Financing: 1 Will Not Divide: 1

Fuel Tank

None: 1

Environmental Hazard

Unknown: 1

Lot Description

Corner Lot: 1 Suburban: 1 Wooded: 1

Road Type/Frontage

Deeded Right of Way: 1 Maintained: 1 Paved: 1 Public (City/Cty/St): 1

Utilities

Electricity Available: 1 Electricity Connected: 1 Natural Gas Available: 1 Natural Gas Connected: 1 Sewer Available: 1 Sewer Connected: 1 Underground Utilities: 1 Water Connected: 1

Sewer

Public Sewer: 1

Water Source

Public: 1

Property Features

Current Use: Commercial; Medical/Dental; Residential; Retail Bldgs on Property: Main House; Shed(s); See Remarks Soil Evaluation: Soil Evaluation - Yes Frontage Type: See Remarks Topography: Cleared/Partial View Type: See Remarks Fuel Tank: None Environmental Hazard: Unknown Lot Description: Corner Lot; Suburban; Wooded Utilities: Electricity Available; Electricity Connected; Natural Gas Available; Natural Gas Connected; Sewer Available; Sewer Connected; Underground Utilities; Water Connected Sewer: Public Sewer Water Source: Public Lot Water Features: None Terms: Cash; Seller Financing; Will Not Divide
Listing Office: Daymark Realty LLC
IDX
Last Updated: October - 18 - 2025
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