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Residential Lot in Growing Area
For Sale
$49,900
Pending

2748 Ferrell, Durham, NC 27704

Acre residential lot for sale in Durham, North Carolina.

Property SizeContact for details
Lot Size1.05 Acres
Days on Market192

Property Features for 2748 Ferrell

General Information

Standard status Pending
Lot size 1.05 Acres
Property subtype Land or Vacant Lot

Taxes and HOA fees

Annual Taxes $738
Listing Agency: LPT REALTY, LLC
Listed By: THOMAS HENRY BORTNICK · License #333302
Source: Corcoran
Added: Feb 10 Changed: Aug 8 Last Checked: Aug 8 at 4:56AM

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 LPT REALTY, LLC

Investment Insights

Based on property information with market context.

This residential lot, slightly over one acre, is available for sale in Durham, North Carolina. Located in an area experiencing steady growth and investor interest, the property presents multiple potential strategies, including long-term appreciation or immediate development. While the lot does not currently have utilities connected, its proximity to existing residences suggests that connecting to existing utility services should be feasible.

Key Highlights

  • Over one acre lot size
  • Located in Durham, an area with steady growth
  • Presents multiple investment exit strategies (buy and hold or develop)

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency Building Supply Auto Repair Shop Auto Parts Store Hair Salon Big Box & Wholesale 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

61
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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Residential land & home lot - Acre residential lot for sale in Durham, North Carolina.
Where is this residential land & home lot located?
The property is located at 2748 Ferrell Durham, NC.
What is the asking price?
The asking price for this property is $49,900.
What are key features of this property?
This property features: Over one acre lot size; Located in Durham, an area with steady growth; Presents multiple investment exit strategies (buy and hold or develop)
More about this property
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