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    1540 Brown St Durham, NC 27713

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    For Sale
    $500,000

    Three parcels in Durham, NC, with plans for 21 townhomes.

    Property Features for 1540 Brown St

    General Information

    Standard status
    Active

    Source: EXP REALTY LLC Agent MARTI HAMPTON

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Durham Land Development Opportunity

    Three parcels of land located in Durham are available for sale as a package. The properties, located at 1533, 1540, and 1541 Brown Street, offer a development opportunity in the 27713 zip code. Plans have been designed for the construction of 21 townhomes on the combined parcels. Water and sewer services may be accessible, but prospective buyers should verify this information independently. This property is suited for developers seeking a project in a convenient location.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Durham
    County
    Durham
    State
    North Carolina
    Longitude
    -78.9244545
    Latitude
    35.9413661

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    FAQs

    What type of property is this?
    Land - Three parcels in Durham, NC, with plans for 21 townhomes.
    Where is this land located?
    The property is located at 1540 Brown St Durham, NC.
    What is the asking price?
    The asking price for this property is $500,000.
    What are key features of this property?
    This property features: - Prime development opportunity in a sought-after Durham location (27713 zip code).; - Includes plans for **21 townhomes**, offering a clear development path.; - Three parcels of land (1533, 1540, and 1541 Brown St) being sold together.
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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
    1540 Brown St Durham, NC 27713
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