Listing Agency: Long & Foster Real Estate INC d**@westandwoodall.com Show Phone

Listed By: Don Hanan · License #72074 Show Phone

Source: Exitrealty

Added: Apr 22, 2021 Changed: Aug 8 Last Checked: Aug 13 at 8:44AM

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Investment Insights

Based on property information with market context.

This property features 22.53 acres of land, comprising four parcels, suitable for development. It is located between Raleigh and Durham, in close proximity to RDU International Airport and other subdivisions with municipal services. The property has road frontage on both Doc Nichols Road and Kinard Road and borders the City of Durham. A home is situated on the property and will convey with the sale.

Key Highlights

• 22.53 acres of land suitable for development.
• Located in close proximity to RDU airport, between Raleigh and Durham.
• Borders the City of Durham.

Property Analytics

Property Profile

Current Use

Land

Suggested Use

Top Pick Electrical Service Real Estate Agency Catering Service Skin Care Clinic Gym & Fitness Center Cosmetic Store

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

15

Businesses Nearby

Explore this area Business Placement

Demographics for 27703, NC

61,539

Population

27,122

Households

2.3

Avg Household Size

36

Median Age

45%

College-Educated

88%

High-School Grad

49.1 sq mi

ZIP Area

1,253

Density / Sq Mi

$86,953

Median Household Income

$51,462

Median Earnings

$1,469

Median Rent

$340,500

Median Home Value

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Frequently Asked Questions

What type of property is this?

Land - 22.53 acres of land close to Raleigh and Durham.

Where is this land located?

The property is located at 1502 Doc Nichols Road Durham, NC.

What is the asking price?

The asking price for this property is $3,300,000.

What are key features of this property?

This property features: 22.53 acres of land suitable for development.; Located in close proximity to RDU airport, between Raleigh and Durham.; Borders the City of Durham.