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    315 E Umstead St Durham, NC 27707

    Pending
    For Sale
    $90,000

    LAND - Durham, NC

    Lot size:
    0.13 Acres
    Days on Market:
    59
    Last Refresh:
    Dec 13 at 11:06 pm

    Property Features for 315 E Umstead St

    General Information

    Special listing conditions
    Third Party Approval
    Property type
    Land
    Property subtype
    Other
    TransactionType
    Third Party Approval
    Standard status
    Pending
    Vegetation
    Cleared, Grassed
    Zoning
    R-3
    APN
    119299
    Lot size
    0.13 Acres

    Utilities

    Utilities
    Water Available
    Sewer type
    Public Sewer
    Water source
    Public

    Success Realty (919) 544-5100 [email protected]

    Listing agent Melvin Watson (919) 504-9268

    Listing date Oct 16, 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

    Land Near Duke and NCCU

    This 0.13-acre land parcel is located in Durham, North Carolina. The area is experiencing renovation and new construction. The property is situated minutes from North Carolina Central University (NCCU), Duke University, Durham Technical Community College (DTCC), and Downtown Durham. Entertainment options include the Durham Bulls Athletic Park (DBAP) and a selection of restaurants. The zoning is R-3. Note: The buyer must purchase both this property and the adjacent property at 313 E. Umstead St.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Durham
    County
    Durham
    State
    North Carolina
    Longitude
    -78.900345
    Latitude
    35.983015

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    FAQs

    What type of property is this?
    Land - Land for sale near universities and downtown Durham.
    Where is this land located?
    The property is located at 315 E Umstead St Durham, NC.
    What is the asking price?
    The asking price for this property is $90,000.
    What are key features of this property?
    This property features: - Prime location minutes from NCCU, Duke University, DTCC, and Downtown Durham.; - Opportunity to combine with adjacent property at 313 E. Umstead St. (MLS#10063844) for expanded potential.; - Located in an area undergoing significant renovation and new construction.
    (919) 504-9268
    Request Owner's contact information
    315 E Umstead St Durham, NC 27707
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    Durham, NC 27707
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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
    315 E Umstead St Durham, NC 27707
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