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.
Listing Courtesy of: Bold Real Estate
919-408-6785
| Mls #: | 10191994 |
|---|---|
| List Price: | $1,950,000 |
| Class: | Land |
| Property Type: | Unimproved Land |
| Status: | Active |
| Full Baths: | 2 |
| Taxes: | $9,808 |
| Approx Lot Sq Ft: | 31,363.2 |
| Approximate Acres: | 0.72 |
| Waterfront Type: | No |
| City: | Chapel Hill |
| Subdivision: | Not In A Subdivision |
| Zip: | 27517 |
| State: | NC |
| Elementary School 1: | Chapel Hill Carrboro - Ephesus Road Elementary School |
| High School 1: | Chapel Hill Carrboro - East Chapel Hill High School |
| Zoning: | WX-7 |
| Utilities: | Sewer Connected, Water Connected |
| Vegetation: | Other |
| Lot Size Units: | Acres |
| Bathrooms Total Integer: | 2 |
| Lot Features: | Corner Lot |
| Special Listing Conditions: | Standard |
| Postal Code Plus4: | 5807 |
| Lot Size Area: | 0.72 |
| Parcel Number: | 9799340467 & 9799340349 |
| Water Source: | Public |
| Bathrooms Total Decimal: | $2.00 |
| Sewer: | Public Sewer |
| Lot Size Dimensions: | 200x161x202x150 |
| Middle Or Junior School: | Chapel Hill Carrboro - Guy B Phillips Middle School |
| Listing Contract Date: | 2026-09-10 |
| Road Responsibility: | Public Maintained Road |
| Listing Terms: | Cash, Conventional |
| Development Status: | Other |
| Possession: | Close Of Escrow |
| Tax Assessed Value: | $698,800 |
| Road Surface Type: | Paved |
| Listing Agreement: | Exclusive Right To Sell |
| Road Frontage Type: | 2 Lane Road |
| Original List Price: | $1,950,000 |
| Tax Year: | 2026 |
| Basement Yn: | No |
| Contract Information Comp Sale Yn2: | No |
| Contract Information Years Owned2: | 1 or More Year(s) |
| Contract Information Property Leased Yn2: | No |
| Contract Information Original Mls2: | Triangle MLS Inc |
| Location Tax And Legal Lot Number2: | 2 & 3 |
| Location Tax And Legal City Limits Of2: | Chapel Hill |
| Location Tax And Legal City Limits Yn2: | Yes |
| Location Tax And Legal Restrictive Covenants Yn2: | No |
| General Property Information Road Frontage Length2: | 200 |
| General Property Information List Price Acre2: | 2,708,333.33 |
| Subscriber Confirmation Subscriber Created Text: | Yes |
| Subscriber Confirmation Subscriber Took Photos: | Yes |
| Internet Service Information 1 Advertised Top Download Speed: | 2,000 |
| Internet Service Information 1 Advertised Top Upload Speed: | 2,000 |
| Approval Status: | Yes |
| Contract Information Original Entry Timestamp: | 2026-09-10T16:19:59-05:00 |
| Easement Type: | Other |
| County Or Parish: | Orange |
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Doorify MLS data last updated on October 08, 2026 05:02 PM - ET.
Property Last Updated: October 08, 2026 05:02 PM - ET
