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    2506 Coley Rd Durham, NC 27703

    For Sale
    $377,900

    LAND - Durham, NC

    Lot size:
    1.80 Acres
    Days on Market:
    18
    Last Refresh:
    Dec 9 at 3:06 am

    Property Features for 2506 Coley Rd

    General Information

    Special listing conditions
    Standard
    Property type
    Land
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    Vegetation
    Partially Wooded
    Zoning
    Rural RES
    Lot size
    1.80 Acres

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

    Listing agent Ricky Murray (919) 795-4463

    Listing date Nov 22, 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

    Prime Durham Land Opportunity

    This is a 1.8-acre corner lot located at the intersection of Coley and Kemp Rd. in Durham County, near the Wake County line. Situated in a high-growth area off Hwy 98 between Durham and Wake Forest, the site is positioned to benefit from ongoing development. The property's tax value recently increased by $51,000. Perry Farms, a development of over 600 homes, is located nearby. The property is zoned Rural RES and presents an investment or development opportunity. The surrounding area is experiencing growth, potentially increasing the lot's utility. There are other large parcels available for sale near this intersection. The property behind this property (Approximately 100 Acres) and across the street might already be under contract for Future Development.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Building Supply Garden Center Electronics Store Arcade & Gaming Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Durham
    County
    Durham
    State
    North Carolina
    Longitude
    -78.742014
    Latitude
    35.956398

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    FAQs

    What type of property is this?
    Land - 1.8 acres at busy intersection in high-growth Durham area.
    Where is this land located?
    The property is located at 2506 Coley Rd Durham, NC.
    What is the asking price?
    The asking price for this property is $377,900.
    What are key features of this property?
    This property features: - Large 1.8-acre corner lot in a high-growth area.; - Investment or development opportunity due to anticipated growth.; - Located at a busy intersection (Coley and Kemp Rd.) and just off Hwy 98.
    (919) 795-4463
    Request Owner's contact information
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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
    2506 Coley Rd Durham, NC 27703
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