Property profile

2548 Ferrell Rd Durham, NC 27704

OFF-MARKET
Land
Property ID
US53-1686194
Saved · see the list in your Dashboard

Property summary

AI-generated overview

Three parcels are being sold together for development, totaling 8.84 acres, located at 2610 Ferrell Rd. Two of the parcels currently include existing homes that are being sold as-is with no value; the value is in the land. This property presents a strong development opportunity with a new neighborhood currently under construction directly behind the parcels, supporting future growth and demand. Excellent location with convenient access to I-85 and just minutes from downtown Durham, shopping, dining, and major employers. Ideal for developers or investors seeking infill or expansion opportunities in a growing area. Buyer to verify zoning, utilities, and development potential.

Property profile

Verified
Property type Land
UPID US53-1686194

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2548 Ferrell Rd Durham, NC 27704
Durham metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 2548 Ferrell Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message