2 & 3 Bypass LaneChapel Hill, NC 27517

Description

A 0.72-acre commercial site in the heart of Chapel Hill's Blue Hill District, well suited for mixed use development. 2 & 3 Bypass Ln combines two contiguous parcels, 2 Bypass Ln (0.35 AC) and 3 Bypass Ln (0.37 AC), into a single opportunity zoned WX-7, allowing buildings up to 7 stories and 90 feet with no units-per-acre density cap and a wide range of commercial uses permitted by right, including office, medical, retail, restaurant, and personal service. The properties feature a newly installed sewer main and 8-inch water tap, a dedicated, new (2021) public frontage along the south property line in 2021. Developers can build structural elements—including upper-story balconies, pedestrian galleries, and structural awnings, that extend directly into front setbacks and up to 8 feet into the public right-of-way, creating an intimate relationship with the streetscape.

Property Information

Property type

Land

Sub-type

Unimproved Land

Lot size

0.72 acres

Lot dimensions

200x161x202x150

Zoning

WX-7

Days on market

24

MLS^® Listing#

10191994

Property Features

Interior

High Speed Internet

Lot features

Corner Lot

Utilities

Sewer Connected · Water Connected

Sewer

Public Sewer

Water source

Public

Schools

Elementary

Chapel Hill Carrboro - Ephesus Road Elementary Sch

Middle

Chapel Hill Carrboro - Guy B Phillips Middle Schoo

High

Chapel Hill Carrboro - East Chapel Hill High Schoo

Financial Details

HOA

None

Annual taxes

$9,808Tax year 2026

Assessed value

$698,800

Parcel number

9799340467 & 9799340349