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Residential Lot Near Downtown Durham
For Sale
$41,500

416 Lakeland Street, Durham, NC 27701

Buildable residential lot with convenient access to key locations.

Property SizeContact for details
Days on Market214

Property Features for 416 Lakeland Street

General Information

Standard status Active
Property subtype Land / Unimproved Land

Taxes and HOA fees

Annual Taxes $1,194

Amenities

No
Listing Agency: Right Time Realty
Listed By: Kimberly V Williams · License #197394
Source: Compass
Added: Jan 20 Changed: Aug 8 Last Checked: Jul 16 at 6:45AM

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 Right Time Realty

Investment Insights

Based on property information with market context.

This residentially zoned buildable lot is situated close to Downtown Durham, North Carolina Central University (NCCU), and Duke University. The location provides easy access to Interstate 85 and Highway 147. The surrounding area is experiencing strong growth and redevelopment. This lot is suitable for investors looking to build.

Key Highlights

  • Residentially zoned buildable lot in a strong growth and redevelopment area.
  • Close proximity to Downtown Durham, NCCU, and Duke.
  • Easy access to I‑85 and Hwy 147.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Law Firm Real Estate Agency Building Supply HVAC Service (Bike/Boat/Book/etc) Store Bakery

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

668
Businesses Nearby

Demographics for 27701, NC

25,208
Population
13,409
Households
1.9
Avg Household Size
34
Median Age
50%
College-Educated
85%
High-School Grad
5.2 sq mi
ZIP Area
4,848
Density / Sq Mi
$66,852
Median Household Income
$47,681
Median Earnings
$1,279
Median Rent
$457,600
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 - Buildable residential lot with convenient access to key locations.
Where is this residential land & home lot located?
The property is located at 416 Lakeland Street Durham, NC.
What is the asking price?
The asking price for this property is $41,500.
What are key features of this property?
This property features: Residentially zoned buildable lot in a strong growth and redevelopment area.; Close proximity to Downtown Durham, NCCU, and Duke.; Easy access to I‑85 and Hwy 147.
More about this property
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