Commercial Land
New
For Sale
$249,900
1511 E Geer, Durham, NC 27704
Two adjoining parcels create a CG-zoned redevelopment site with access to regional employment and institutional centers.
Property Size1,911 SF
Price / SF$130.77
Days on Market7
Property Features for 1511 E Geer
General Information
Standard status
Active
Size
1,911 SF
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$1,888
Amenities
Sloped
Building Details
Year Built
1920
Listing Agency:
FATHOM REALTY NC, LLC
(888) 455-6040
Listed By:
STEPHAN JACKSON
Source:
Corcoran
Added: Aug 15
Changed: Aug 20
Last Checked: Aug 20 at 5:26AM
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 FATHOM REALTY NC, LLC
Investment Insights
Based on property information with market context.
This commercial land assemblage combines two adjoining parcels at 1509 and 1511 E. Geer Street. The property contains approximately 0.88 acres with roughly 125 feet of combined road frontage and is zoned CG—Commercial General. An existing structure is damaged, conveys strictly as-is, and is expected to require demolition; the principal value is in the assembled land.
The site offers access to I-885, Downtown Durham, RTP, Duke University, and major employment centers throughout the Triangle. Potential development concepts identified for the property include office, medical or dental, neighborhood retail, mixed-use, and multifamily uses, subject to applicable standards and governmental approvals. Zoning, permitted uses, utilities, access, survey matters, acreage, floodplain, stream and riparian buffers, stormwater requirements, and overall feasibility require independent verification.
The site offers access to I-885, Downtown Durham, RTP, Duke University, and major employment centers throughout the Triangle. Potential development concepts identified for the property include office, medical or dental, neighborhood retail, mixed-use, and multifamily uses, subject to applicable standards and governmental approvals. Zoning, permitted uses, utilities, access, survey matters, acreage, floodplain, stream and riparian buffers, stormwater requirements, and overall feasibility require independent verification.
Key Highlights
- Approximately 0.88‑acre assemblage of two adjoining commercial parcels
- Roughly 125 feet of combined road frontage
- CG—Commercial General zoning
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
232
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Two adjoining parcels create a CG-zoned redevelopment site with access to regional employment and institutional centers.
Where is this commercial land located?
The property is located at 1511 E Geer Durham, NC.
What is the asking price?
The asking price for this property is $249,900.
What are key features of this property?
This property features: Approximately 0.88‑acre assemblage of two adjoining commercial parcels; Roughly 125 feet of combined road frontage; CG—Commercial General zoning
