Property Summary Sheet

1600 Eubanks Road

Chapel Hill, NC 27516

Property

1. Size: 11.41 acres having 493.76’ of frontage on Eubanks Road x 1606.42’ along the Western property line bordering the Orange County Landfill x 239.59’ on the Northside and then approximately 1,228.23’along Millhouse Roadto Eubanks Road.The lot description is based on 2007 survey.

2. Topographical: The property slopes from an elevation of around 482’ on Eubanks Roadthrough a Floodway around 466’risen to the North to an elevation of around 500’.A portion of the property is in a FEMA Flood Zone.Access to the site will be through the floodway area. Town of Chapel Hill Planning Department comments are as follows;

  • The property has significant environmental constraints that severely restrict buildability including the following which are also depicted in the image below.
  • Jordan Riparian Buffer – this stream buffer extends 50 feet from the top of the stream bank
  • 100-year floodplain. As a note, the 2007 Flood Insurance Rate Maps do not fully have the floodplain mapped – the floodplain would need to be field surveyed as required by ordinance.
  • Resource Conservation District – this stream buffer does both of the following – the controlling feature is whichever is more restrictive:
  • It extends out three vertical feet above base flood elevation (the height of the floodplain – BFE + 3’) – this makes it more expansive than the floodplain and Jordan Buffer.
  • It extends 150 horizontal feet from top of stream bank
  • Because of the floodplain, stream buffers, and intersection spacing requirements, a driveway from Eubanks Road could prove challenging.

3. Zoning: Comments from the Town Chapel Hill Planning Department are as follows;

  • The current zoning of the property is Mixed-Use Office/ Institutional -1 (MU-OI-1) which allows for a variety of mid-intensity mixed uses including office, retail, and residential the full list is prescribed in section of LUMO 3.5.1 and more specifically 3.5.1(e) and 3.8.1.
  • Link to the Land Use Management Ordinance (LUMO):
  • The property is within the newly-adopted “Innovative Light Industrial Opportunity Area” as delineated in the Town’s Land Use Plan. This means that the property is eligible for rezoning the Innovative, Light Industrial Conditional Zoning District (LI-CZD) which permits and encourages relatively high intensity light industrial uses such as light manufacturing, research activities, flex space and so on. Special standards for this zoning district may be found in section 3.4.3 of the LUMO.
  • The rezoning process for this new zoning district is designed to take 4-6 months to encourage light industrial development. This is compared to our typical process which lasts 12-18 months. More information can be found in section 4.4.3

The Orange County Tax Appraisal for the land value is $651,500.

4. Utilities:

The Orange Water and Sewer Authority has a 30’ Sanitary Sewer Easement across running from Eubanks Road to the Chapel Hill Industrial Park across Millhouse Road. Municipalwater serves the area.

5. Street: Eubanks Road is a two lane asphalt paved NCDOT maintained road (SR 1727) as is Millhouse Road (SR 1725).

6. Easements: In addition to the OWASA sewer easement Norfolk-Southern has a 50’ right of way along the Eastern boundary of the property. Access to Millhouse Road across the State University Railroad is not an option.

7. Neighborhood: The property is located within the corporate limits of the Town of Chapel Hill. Most of the adjacent properties are commercial/industrial uses with additional commercial usesbeing proposed for this neighborhood.

Improvements

None.