$37,000
For Sale

Lot 19 New Hope Drive

Chapel Hill, NC 27514
Browse 28 photos
Type:Purchase
Structure:Land
Zone:Residential

Description

Great opportunity to own a piece of land in Orange County, between Hillsborough and Chapel Hill, in the desirable community of Hills of New Hope— even with initial septic limitations — could still be a smart investment if you're patient, creative, or forward-looking. The key is due diligence, especially regarding soil alternatives and zoning paths. Some factors to consider that could still make such a property worth investing in — or at least worth a closer look: Prime location in Orange County, land here tends to appreciate, especially as developable land becomes scarce. Zoning flexibility or future infrastructure, alternative wastewater options, Non-Residential or Non-Building use like recreational (e.g., camping, timber), storage or parking.
Land banking — simply holding the land as a long-term investment. Don't miss the chance, call if any questions.

  • Property Details
      • Middle SchoolOrange - A L Stanback
      • High SchoolOrange - Cedar Ridge
      • SubdivisionHills of New Hope
      • Elementary SchoolOrange - New Hope
      • Property SubtypeUnimproved Land
      • Sewer InformationSeptic Needed
      • Utility FeaturesSee Remarks
      • Utility SourceNeed Well
      • Property TypePurchase
      • MLS #10108194
      • MLS #10108194
      • CountyOrange
      • Cost37000
      • Acres0.56
      • Taxes Annual$124

Location

Lindy Muse | NorthGroup Real Estate Inc.Real Estate Group
OR

Interested in Purchasing Lot 19 New Hope Drive?

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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