2 & 3 Bypass Lane Chapel Hill, NC $ 1,795,000
2 & 3 Bypass Lane
$ 1,795,000
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2 & 3 Bypass Lane

Chapel Hill, NC, 27517
$ 1,795,000
Bedrooms-- Baths2.0

Monthly Estimate*

$ 12,398

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Lots and Land for sale in Chapel Hill, NC

for $1,795,000 with 2 full baths. The lot size is 0.72.

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.

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Lots and Land Active

Price

$ 1,795,000

Full Bath

2

Property Type

Lots and Land

Taxes

$ 0

Style

Unimproved Land

Lot Size

0.72

Town/City

Chapel Hill

County/Region

Orange

MLS | Web ID

10191994

Features
General
Sewer Public Sewer
Utilities Sewer Connected Water Connected
Zoning WX-7
Property Subtype Unimproved Land
County Orange
Property Type Land
HOA false
Subdivision Name Not in a Subdivision
Status Active
Directions From US-15/501 (Fordham Blvd) u-turn at S. Elliott Rd to your right is Bypass Ln/. Site is on corner of Fordham Blvd & S. Elliot.
High School Chapel Hill Carrboro - East Chapel Hill High School
City Chapel Hill
Senior Community Y/N false
Lot Size Units Acres
Lot Size Square Feet 31363.2
Elementary School Chapel Hill Carrboro - Ephesus Road Elementary School
Tax Annual Amount 9808.48
Middle/Junior High School Chapel Hill Carrboro - Guy B Phillips Middle School
Standard Status Active
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Interior
Total Baths 2
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Exterior
Lot Features Corner Lot
Water Source Public
Lot Size Area 0.72
Lot Dimensions 200x161x202x150
Lot Size Acres 0.72
Road Surface Type Paved
Road Frontage Type 2 Lane Road
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* Excluded Features
List By
Brianda Lopez

Listing Agent

Bold Real Estate

Broker

briee@boldre.com

Email

Affordability Calculator

$12,398
Per Month
100%
0%
0%
Monthly Principal & Interest
$12,398
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
0 Elementary School
0 Middle School
Chapel Hill Carrboro - East Chapel Hill High School High School High School
Pricing History
DatePricePrice ChangeDescription
10/13/2026$1,795,000 -7.95% Price Down
9/10/2026$1,950,000 Listed Price

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2 & 3 Bypass Lane, Chapel Hill, NC, 27517 is a Lots and Land for sale at $1,795,000 with a lot size of 0.72. 2 & 3 Bypass Lane has 2.0 baths. The property's zip code is 27517 which is in Chapel Hill, NC