Property profile

3216 Duke Homestead Rd Durham, NC 27705

FOR SALE
Residential land & home lots
Property ID
US53-1288137
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Property summary

AI-generated overview

Don't sleep on this one - seriously. Build your dream home (or two!) right inside the Durham city limits. Quiet, convenient, and surprisingly affordable, 3216 Duke Homestead is surveyed and ready to roll. This property is platted out for two buildable flag lots: Proposed lot A: 0.33 acres with 20' access on Duke Homestead. Proposed lot B: 0.43 acres with its own 20' access. Opportunities like this in Durham don't come around often - so if you've been dreaming of building, this is your wake-up call! Water and Sewer utilities are available at Duke Homestead according to city planning. Subdivision is platted out, but not recorded to allow for flexibility. 3214 Duke Homestead Dr is also available for sale.

Property profile

Verified
Property type Residential land & home lots
UPID US53-1288137

Cap rate & NOI

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

Location

3216 Duke Homestead Rd Durham, NC 27705
Durham metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Blend (final) Blend
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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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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