For Sale Lot / Land MLS# 10191994

2 & 3 Bypass Lane

Chapel Hill, NC 27517

$1,795,000

  • 2Baths
  • 0.72Acres
  • $2,493,056Per Acre
  • 66Days Listed
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About 2 & 3 Bypass Lane

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.

Property details

Property

Type
Unimproved Land
MLS type
Land/Property
Status
Active
Lot
0.72
Original price
$1,950,000
MLS #
10191994

Exterior & lot

Lot
WX-7

Schools

District
Chapel Hill-Carrboro Schools
Elementary
Chapel Hill Carrboro - Ephesus Road Elementary School
Middle
Chapel Hill Carrboro - Guy B Phillips Middle School
High
Chapel Hill Carrboro - East Chapel Hill High School

Utilities

Utilities
Public Sewer, Public, Sewer Connected, Water Connected
Water
Public
Sewer
Public Sewer

Financial

Financial
Doorify MLS
Annual tax
$9,808
Tax year
2026
Parcel
9799340467 & 9799340349
Legal
2 W G Fields P66/248 + 3 W G FIELDS P66/248 & P124/19-22
Special conditions
Standard

Location

Subdivision
Not in a Subdivision
County
Orange
Community
2 Lane Road

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Listed by Brianda Lopez, Bold Real Estate

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.