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    1720 Glenn School Rd Durham, NC 27704

    Pending
    For Sale
    $3,400,000

    LAND - Durham, NC

    Lot size:
    61.00 Acres
    Days on Market:
    282
    Last Refresh:
    Dec 6 at 8:06 am

    Property Features for 1720 Glenn School Rd

    General Information

    Special listing conditions
    Standard
    Property type
    Land
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Pending
    Vegetation
    Wooded
    Zoning
    RR
    Lot size
    61.00 Acres

    Compass North Carolina (212) 913-9058 [email protected]

    Listing agent Marianne Mansour (919) 696-7218

    Listing date Feb 28, 2025

    Copyright © 2025 Doorify MLS of North Carolina. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Residential Land Assemblage in Durham

    This offering comprises a 61-acre assemblage of contiguous land parcels situated in Northeast Durham, North Carolina. The site benefits from convenient access to I-885 N / 15 N. Zoned RR Suburban Tier, the property is designated for Future Mixed Residential use according to Durham Planning. The site consists of 12 parcels and features three separate entry points. Located across the highway from a Walmart Neighborhood Center, the property is near Glenn Crossing, a 50-acre townhouse development currently under construction along Glenn Road. Annexation and re-zoning are the responsibility of the developer. The property is suitable for residential development.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Nail Salon Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Durham
    County
    Durham
    State
    North Carolina
    Longitude
    -78.830706
    Latitude
    36.03931

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    FAQs

    What type of property is this?
    Land - 61 acres of residential land in Northeast Durham, North Carolina.
    Where is this land located?
    The property is located at 1720 Glenn School Rd Durham, NC.
    What is the asking price?
    The asking price for this property is $3,400,000.
    What are key features of this property?
    This property features: - Large 61-acre land assemblage in Northeast Durham.; - Zoned RR Suburban Tier with future potential for Mixed Residential development.; - Easy access to I-885 N / 15 N.
    (919) 696-7218
    Request Owner's contact information
    1720 Glenn School Rd Durham, NC 27704
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    Durham, NC 27704
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1720 Glenn School Rd Durham, NC 27704
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