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40+ Acres in Growing Durham
For Sale
$6,500,000

2523 Hamlin, Durham, NC 27704

Two tracts totaling 40.637 acres with road frontage.

Property Size1,567 SF
Lot Size40.64 Acres
Price / SF$4,148
Days on Market756

Property Features for 2523 Hamlin

General Information

Standard status Active
Size 1,567 SF
Lot size 40.64 Acres
Property subtype Residential

Taxes and HOA fees

Annual Taxes $3,020

Amenities

Central air
Driveway
Gravel
Natural Gas Heating
Space Heater Heating
Wall Furnace Heating
Window Unit(s) Cooling
Wood Flooring

Building Details

Year Built 1930
Listing Agency: TUNSTALL REALTY
Listed By: DANIEL TUNSTALL
Source: Corcoran
Added: Sep 10, 2024 Changed: Oct 4 Last Checked: Oct 4 at 9:47AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of TUNSTALL REALTY

Investment Insights

Based on property information with market context.

Two tracts of land, totaling 40.637 acres, are available for sale together. The property features over 1,450 feet of road frontage and is located in a growing area of northern Durham. The site includes mature forests and cleared open pastures. Utilities such as power, natural gas, and city water are already on site, and public sewer lines are nearby. The property borders the Army Corp. of Engineers along the Eno River. The Mountain to Sea Trail is located a few feet from the back property line. A farmhouse is currently leased on a month-to-month basis. The location is experiencing industrial and residential development growth, making this one of the few remaining large tracts in the area, presenting an ideal investment opportunity.

Key Highlights

  • Large 40.637 acre tract in a rapidly growing northern Durham location.
  • Over 1,450' of road frontage.
  • Utilities on site: power, natural gas, and city water; public sewer nearby.

Property Analytics

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Current Use

Land

Suggested Use

Top Pick Auto Parts Store (Bike/Boat/Book/etc) Store Computer & Electronic Repair Tech Support Center Big Box & Wholesale Store Bed & Breakfast

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

105
Businesses Nearby

Demographics for 27704, NC

39,532
Population
16,824
Households
2.3
Avg Household Size
36
Median Age
33%
College-Educated
85%
High-School Grad
41.4 sq mi
ZIP Area
955
Density / Sq Mi
$62,435
Median Household Income
$36,955
Median Earnings
$1,306
Median Rent
$270,000
Median Home Value
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Frequently Asked Questions

What type of property is this?
Land - Two tracts totaling 40.637 acres with road frontage.
Where is this land located?
The property is located at 2523 Hamlin Durham, NC.
What is the asking price?
The asking price for this property is $6,500,000.
What are key features of this property?
This property features: Large 40.637 acre tract in a rapidly growing northern Durham location.; Over 1,450' of road frontage.; Utilities on site: power, natural gas, and city water; public sewer nearby.
More about this property
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