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    430 Sowell St Durham, NC 27701

    For Sale
    $450,000

    LAND - Durham, NC

    Lot size:
    0.16 Acres
    Days on Market:
    22
    Last Refresh:
    Dec 8 at 8:06 am

    Property Features for 430 Sowell St

    General Information

    Special listing conditions
    Standard
    Property type
    Land
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    Vegetation
    Grassed, Cleared
    Zoning
    RU-5(2)
    APN
    119057
    Fencing
    Chain Link
    Lot size
    0.16 Acres

    Utilities

    Utilities
    Cable Available
    Sewer type
    Public Sewer
    Water source
    Public

    Brokers United Realty (919) 272-0145 [email protected]

    Listing agent Carol Small (919) 923-2637

    Listing date Nov 17, 2025

    MLS# 10127865 Listing URL

    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

    Durham Land Opportunity Zone Parcels

    Located in Durham, North Carolina, two adjoining parcels at 430 Sowell Street and 429 Lakeland Street offer a redevelopment opportunity within a Federal Opportunity Zone. The properties are zoned RU-5(2) and situated in Durham's Urban Tier, qualifying for the Small Lot Option under city zoning. This makes them suitable for infill construction, small-lot single-family homes, townhouses, or a creative clustered site plan. Existing curb cuts and utilities are available at the street. New construction homes have already been completed next door and just 300 yards away. The properties are strategically located on the R. Kelly Bryant Bridge Trail, directly across from Burton Magnet Elementary School, and minutes from Downtown Durham, NCCU, and major redevelopment corridors. Potential uses include redevelopment, building out a multi-home collection, or updating the existing residence for cash flow while finalizing plans. The combined properties represent a turnkey entry point for small to mid-size builders and investors seeking immediate upside in one of Durham's most promising growth pockets. The lot size is 0.16 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store 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
    -78.887728
    Latitude
    35.979634

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    FAQs

    What type of property is this?
    Land - Two adjoining parcels in Durham's Federal Opportunity Zone.
    Where is this land located?
    The property is located at 430 Sowell St Durham, NC.
    What is the asking price?
    The asking price for this property is $450,000.
    What are key features of this property?
    This property features: - Located in a Federal Opportunity Zone, offering significant tax advantages.; - Two adjoining parcels (430 Sowell & 429 Lakeland) with RU-5(2) zoning, suitable for various redevelopment projects.; - Qualifies for the Small Lot Option under city zoning, ideal for infill construction, single-family homes, or townhouses.
    (919) 923-2637
    Request Owner's contact information
    430 Sowell St Durham, NC 27701
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    Durham, NC 27701
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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
    430 Sowell St Durham, NC 27701
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