1407 multiple E Franklin Street, Chapel Hill, NC 27514 (MLS# 100536813)

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: 3/02/2026

Overview

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.

Listing Details MLS# 100536813

Contract Info

Delayed Marketing?
No
Marketing Start Date
2025-10-17
Sub-Type
Mixed Use
Listing Price
8995000
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

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
Water Frontage
0

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
Special Assessments
No

Current Use

Commercial
Yes
Medical/Dental
Yes
Residential
Yes
Retail
Yes

More Information

Bldgs on Property

Main House
Yes
Shed(s)
Yes
See Remarks
Yes

Soil Evaluation

Soil Evaluation - Yes
Yes

Frontage Type

See Remarks
Yes

View Type

See Remarks
Yes

Topography

Cleared/Partial
Yes

Lot Water Features

None
Yes

Terms

Cash
Yes
Seller Financing
Yes
Will Not Divide
Yes

Fuel Tank

None
Yes

Environmental Hazard

Unknown
Yes

Lot Description

Corner Lot
Yes
Wooded
Yes

Lot Features

Suburban
Yes

Road Type/Frontage

Deeded Right of Way
Yes
Maintained
Yes
Paved
Yes
Public (City/Cty/St)
Yes

Utilities

Electricity Available
Yes
Electricity Connected
Yes
Natural Gas Available
Yes
Natural Gas Connected
Yes
Sewer Available
Yes
Sewer Connected
Yes
Underground Utilities
Yes
Water Connected
Yes

Sewer

Public Sewer
Yes

Water Source

Public
Yes

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 Features: Suburban 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
IDX
Last Updated: March - 02 - 2026
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