CHAPEL HILL, NC | Herndon Farms
Foundry Commercial, LLC, a North Carolina Broker, has been retained as exclusive agent for the owner of the 151-lot component of Herndon Farms (“property”) in Chapel Hill, NC. Herndon Farms is a uniquely envisioned master planned community for “aging in place” with a continuum of care including commercial and congregate care (under agreement) along 15-501 with the 151-lot component available either for-rent or for-sale. On-site wastewater treatment, to be built by the buyer, allows this level of density within Chatham County’s only third Conditional District Compact Community zoned area; the first was the wildly successful and fully built out Briar Chapel, located directly across 15-510 from Herndon Farms, which commands home prices between $450,000 and $1M.
• Rezoned in 2022 for high-density Compact Community
• Directly across from successful, built-out Briar Chapel
• 151 lot component in an “aging in place” age-restricted community
• On-site wastewater treatment facility in final designs for permitting