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
Status: Active
Delayed Marketing?: No
Marketing Start Date: 2025-10-17
Sub-Type: Mixed Use
Listing Price: 8995000
Current Price: $8,995,000
List Price/Acre: 3459615.38
Stipulation of Sale: Standard
Location Information
Street #: 1407
Pre Direction: E
Street Name: Franklin
Street Suffix: Street
Lot #: multiple
County: Orange
State/Province: NC
Zip Code: 27514
City Limits: Yes
Marketing City: Chapel Hill
Subdivision: Not In Subdivision
Secondary Subdivision: N/A
Geo Lat: 35.929144
Geo Lon: -79.034812
Remarks and Showing
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.
Sign on Property: Yes
Property Exterior Info
Acres - Total: 2.6
Lot Dimensions: see GIS
Lot SqFt: 113256
Deed Restriction: Yes
Total Road Frontage: 800
Waterfront: No
Waterview: No
Location Type: Mainland
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
Tax Year: 2024
Zoning: CC
HOA: No
Cobra Zone: No
Elementary School: Other
High School: East Chapel Hill
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
Last Updated: October - 18 - 2025
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