Large Acreage Near Downtown
For Sale
$3,000,000
3216 Hamlin, Durham, NC 27704
Rare large acreage with development potential near downtown Durham.
Property Size1,235 SF
Lot Size44.03 Acres
Price / SF$2,429
Days on Market711
Property Features for 3216 Hamlin
General Information
Standard status
Active
Size
1,235 SF
Lot size
44.03 Acres
Property subtype
Land or Vacant Lot
Taxes and HOA fees
Annual Taxes
$1,379
Amenities
Gentle Sloping
Wooded
Listing Agency:
COMPASS -- CHAPEL HILL - DURHAM
(919) 999-8482
Listed By:
PATRICIA OWEN · License #282850
Source:
Corcoran
Added: Sep 10, 2024
Changed: Aug 8
Last Checked: Jul 16 at 6:24AM
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 COMPASS -- CHAPEL HILL - DURHAM
Investment Insights
Based on property information with market context.
This property features a large acreage parcel with development potential for estate lots, characterized by level and rolling terrain. It is currently under forestry use. The location is approximately 12 minutes from downtown Durham and offers proximity to I-85 and Falls Lake. The parcel includes a house built around 1930, featuring original details, with 2 bedrooms and 1 bathroom within its 1235 square feet. The property may be suitable for subdivision. It has road frontage on Red Mill Rd, Glenn School Rd, Hamlin Rd, and Swing Rd.
Key Highlights
- Large acreage with exceptional development potential.
- Conveniently located: just 12 minutes to downtown Durham, with easy access to I85 and Falls Lake.
- May be able to subdivide.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
105
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Rare large acreage with development potential near downtown Durham.
Where is this residential land & home lot located?
The property is located at 3216 Hamlin Durham, NC.
What is the asking price?
The asking price for this property is $3,000,000.
What are key features of this property?
This property features: Large acreage with exceptional development potential.; Conveniently located: just 12 minutes to downtown Durham, with easy access to I85 and Falls Lake.; May be able to subdivide.
