Johnson St, Chapel Hill, NC 27516

Property Description

State: NC County: Orange City: Chapel Hill Parcel ID Number: 9778943320 One landlocked and unimproved 0.06 acre (2613.6 square foot) lot near the end of Johnson Street in/near the Cole Heights and Pine Knolls neighborhoods within the city limits of Chapel Hill, NC for sale via quitclaim deed (QCD). Zoning appears to be R-3 (Medium Density Residential). Adjacent developed lots have land valuations of about $600K/acre, and this is offered well-below that value due to the location and access issues. This lot would be an ideal addition to 134, 136, or 138 Johnson Street, or as a means to speculate on the ever increasing value of land in the Chapel Hill real estate market. Additional information is available on the Orange County NC Graphical Information System maps. Just search for PIN 9778943320. The property is generally marked with green survey flags.