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Durham Building Opportunity: Two Parcels
For Sale
$250,000

516 N Maple & 517 Spruce, Durham, NC 27703

Two adjacent parcels for sale in Durham, North Carolina.

Property SizeContact for details
Days on Market116

Property Features for 516 N Maple & 517 Spruce

General Information

Standard status Active
Property subtype Land or Vacant Lot

Taxes and HOA fees

Annual Taxes $1,768

Amenities

City Lot
Cleared
Curb/Gutter
Interior Lot
Rectangular Lot
Sidewalks
Subdivided
Listing Agency: COMPASS -- RALEIGH
Listed By: MARTIN VERDI · License #335125
Source: Corcoran
Added: Apr 28 Changed: Aug 8 Last Checked: Jul 16 at 7:05AM

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 -- RALEIGH

Investment Insights

Based on property information with market context.

This offering presents a building opportunity in Durham, North Carolina. Included are two adjacent parcels, located at 516 N Maple St and 517 Spruce St, which are being sold together. The properties offer the potential to construct two separate dwellings, one on each lot. Alternatively, the parcels can be combined to create a single home with dual street access. Plans and permits have received full approval from the City of Durham. The location provides access to Downtown Durham, freeways, shopping, dining, parks, and entertainment.

Key Highlights

  • Fully approved plans and permits by the City of Durham.
  • Two adjacent parcels being sold together.
  • Opportunity to build two separate dwellings or combine for a single home.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Dental Office Bakery (Bike/Boat/Book/etc) Store Law Firm Home Appliance Store Acupuncture

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

618
Businesses Nearby

Demographics for 27703, NC

61,539
Population
27,122
Households
2.3
Avg Household Size
36
Median Age
45%
College-Educated
88%
High-School Grad
49.1 sq mi
ZIP Area
1,253
Density / Sq Mi
$86,953
Median Household Income
$51,462
Median Earnings
$1,469
Median Rent
$340,500
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Two adjacent parcels for sale in Durham, North Carolina.
Where is this residential land & home lot located?
The property is located at 516 N Maple & 517 Spruce Durham, NC.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Fully approved plans and permits by the City of Durham.; Two adjacent parcels being sold together.; Opportunity to build two separate dwellings or combine for a single home.
More about this property
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