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Commercial Land Assemblage
For Sale
$249,900

1511 E Geer Street, Durham, NC 27704

Commercial Sale, Durham, NC

Property Size1,911 SF
Lot Size0.53 Acres
Price / SF$130.77
Days on Market48

Property Features for 1511 E Geer Street

General Information

Property type Commercial Sale
Property subtype Office
Zoning GC
Bathrooms 2
Full bathrooms 2
Rooms Basement, Bathroom 1, Bathroom 2
Lot features Sloped
Standard status Active
APN 159762
Size 1,911 SF
Lot size 0.53 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description Prop-Cheek J J/Lt#33/Lt#4 0/Lt#32 Pt/Lt#39 Pt Pl:00001A-000087
Tax Annual Amount 1888
Legal Description Prop-Cheek J J/Lt#33/Lt#4 0/Lt#32 Pt/Lt#39 Pt Pl:00001A-000087

Building Details

Year built 1920
Building materials Brick
Roof type Shingle
Listing Agency: Fathom Realty NC, LLC
Listed By: Stephan Jackson
Added: Aug 15 Changed: Sep 13 Last Checked: Oct 1 at 7:06PM
MLS# 10186599

Copyright © 2026 Doorify MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This commercial land offering combines two adjoining parcels at 1509 and 1511 E. Geer Street in Durham. The property includes an existing 1,911-square-foot structure built in 1920, with brick construction, a shingle roof, a basement, and two bathrooms. The building is damaged and conveys strictly as-is with the land.

The assemblage provides approximately 125 feet of combined road frontage and convenient access to I-885, Downtown Durham, RTP, Duke University, and major employment centers throughout the Triangle. The source identifies potential for office, medical or dental, neighborhood retail, mixed-use, or multifamily development, subject to applicable standards and governmental approvals. Zoning, permitted uses, utilities, access, survey conditions, floodplain considerations, buffers, stormwater requirements, and development feasibility should be independently verified.

Key Highlights

  • Two adjoining parcels at 1509 and 1511 E. Geer Street
  • Approximately 125 feet of combined road frontage
  • Existing 1,911‑square‑foot structure built in 1920

Property Analytics

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Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Hair Salon Pharmacy Building Supply

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

232
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Two adjoining parcels offer a redevelopment site with an existing damaged structure conveyed as-is.
Where is this commercial land located?
The property is located at 1511 E Geer Street 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: Two adjoining parcels at 1509 and 1511 E. Geer Street; Approximately 125 feet of combined road frontage; Existing 1,911‑square‑foot structure built in 1920
More about this property
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