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    5255 Wake Forest Hwy Durham, NC 27703

    Pending
    For Sale
    $840,000

    LAND - Durham, NC

    Lot size:
    12.13 Acres
    Days on Market:
    166
    Last Refresh:
    Dec 14 at 3:06 am

    Property Features for 5255 Wake Forest Hwy

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Pending
    Vegetation
    Cleared, Brush, Wooded
    Lot size
    12.13 Acres

    Utilities

    Utilities
    Electricity Available

    Coldwell Banker Howard Perry and Walston (919) 789-5200 [email protected]

    Listing agent Lisa T Wells (919) 921-0588

    Listing date Jul 2, 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

    Durham Land For Sale

    This property, located in Durham, North Carolina, features rolling land with partial woodland. It is situated in a high-demand area experiencing significant residential growth. The property is conveniently located near the Triangle area, offering a rural feel. The sale includes two parcels: 5255 Wake Forest Highway, comprising 10.63 acres, and 5247 Wake Forest Highway, with 1.498 acres (PIN # 0861-03-30-0377), totaling approximately 12.13 acres.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Realty agency Spa & Massage Dental Office Auto Repair Shop Hair Salon Clothing Store Nail Salon Hotel & Motel 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
    -78.786303
    Latitude
    35.976384

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    FAQs

    What type of property is this?
    Land - Land with residential growth potential in a high-demand area.
    Where is this land located?
    The property is located at 5255 Wake Forest Hwy Durham, NC.
    What is the asking price?
    The asking price for this property is $840,000.
    What are key features of this property?
    This property features: - Total of 12.13 acres +/-, offering ample space.; - High demand area experiencing residential growth.; - Convenient location to the Triangle.
    (919) 921-0588
    Request Owner's contact information
    5255 Wake Forest Hwy Durham, NC 27703
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    Durham, NC 27703
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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
    5255 Wake Forest Hwy Durham, NC 27703
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