Development Site Near Downtown
For Sale
$1,600,000
Pending
3300 Alabama, Durham, NC 27705
5.17 acre infill assemblage ideal for townhome development.
Property SizeContact for details
Lot Size5.17 Acres
Days on Market656
Property Features for 3300 Alabama
General Information
Standard status
Pending
Lot size
5.17 Acres
Property subtype
Land or Vacant Lot
Taxes and HOA fees
Annual Taxes
$3,825
Listing Agency:
CALCULUS COMMERCIAL
(919) 257-1344
Listed By:
KEVIN DAVIS · License #266739
Source:
Corcoran
Added: Nov 4, 2024
Changed: Aug 8
Last Checked: Aug 8 at 4:44AM
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 CALCULUS COMMERCIAL
Investment Insights
Based on property information with market context.
This infill assemblage consists of six parcels, including two detached homes and four empty lots, totaling approximately 5.17 acres. The site is located within five miles of Downtown Durham. It is suitable for townhome development, with the potential to create 20 or more building sites from the existing six-lot configuration. The location is advantageous, with several successful new construction infill projects already established in the neighborhood. The assemblage currently includes two single-family detached properties.
Key Highlights
- Large 5.17‑acre infill assemblage ideal for townhome development.
- Rare development site within 5 miles of Downtown Durham.
- Potential for 20+ building sites.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
310
Businesses Nearby
Explore this area
Business Placement
Demographics for 27705, NC
50,472
Population
24,108
Households
2.1
Avg Household Size
34
Median Age
62%
College-Educated
91%
High-School Grad
42.1 sq mi
ZIP Area
1,199
Density / Sq Mi
$71,153
Median Household Income
$43,138
Median Earnings
$1,422
Median Rent
$398,500
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - 5.17 acre infill assemblage ideal for townhome development.
Where is this residential land & home lot located?
The property is located at 3300 Alabama Durham, NC.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: Large 5.17‑acre infill assemblage ideal for townhome development.; Rare development site within 5 miles of Downtown Durham.; Potential for 20+ building sites.
