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Mixed-Use Land for Sale in Chapel Hill, North Carolina

121 N Elliott Rd, Chapel Hill, NC 27514

$2,500,000
3.1 acres
Active
ago
Est $18,374/mo

+/-3.1-acre vacant infill site in Chapel Hill along the East Franklin/Elliott Rd corridor, identified in the Town's Comprehensive Plan as a focus area for higher-density residential or mixed-use (rezoning required). Fully assembled and surveyed with frontage on Velma & N. Elliott. Concept plan (see documents) demonstrates a feasible residential layout addressing the RCD stream buffer with integrated open space and stormwater. Water/sewer available along both frontages; OWASA flow modeling required. Strong infill opportunity near retail, transit, and established neighborhoods. Buyer to verify zoning/approvals.

Location

Street address
121 N Elliott Rd
Community
Coker Hills
Elevation
315 feet
Coordinates
35.9353, -79.031

Property details

Acreage
3.1 acres
Zoning
R-1
MLS #
DMLS 10148826
Posted

Parcels

  • 9799057277

Legal description

Details and features

Listing

Type
Land

Lot

Vegetation
Wooded
Features
Corner Lot, Corners Marked

Structure

Water
Public
Sewer
Public Sewer

Property utilities

CategoryTypeStatus
WaterPublicAvailable

Nearby schools

NameType
CH/Carrboro - Estes HillsElementary
CH/Carrboro - Guy PhillipsMiddle
CH/Carrboro - East Chapel HillHigh

Listing history

DateEventPriceChangeSource
Feb 26, 2026New listing$2,500,000DMLS
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This 3.1-acre property is located at 121 N Elliott Rd in Chapel Hill, NC 27514. The property is available for sale for $2,500,000 with a price per acre of $806,452.

Checked 2 hours ago — Updated

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