Zoned Townhome Development
For Sale
$1,500,000
631-633 Clayton, Durham, NC 27703
Land zoned for 60+ townhomes, positioned amid ongoing new construction for residential development planning.
Property SizeContact for details
Days on Market122
Property Features for 631-633 Clayton
General Information
Standard status
Active
Property subtype
Land or Vacant Lot
Taxes and HOA fees
Annual Taxes
$9,807
Listing Agency:
EXP REALTY LLC
(888) 584-9431
Listed By:
HUNTER CUTRIGHT
Source:
Corcoran
Added: Apr 22
Changed: Aug 8
Last Checked: Jul 16 at 4:41AM
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 EXP REALTY LLC
Investment Insights
Based on property information with market context.
This property is residential land offered for sale as a development opportunity. The site is zoned to accommodate 60+ townhomes, providing a defined planning basis for builders and developers evaluating the feasibility of a higher-density residential project.
The property is located in Durham, North Carolina, at 631-633 Clayton. Public remarks indicate it is surrounded by ongoing new construction, which may be relevant to assessing the neighborhood’s current trajectory and the competitive residential context for future buyers.
For developers looking to assemble a townhome plan, the zoning-supported capacity for 60+ townhomes is the central factor to evaluate during due diligence. Its configuration as land supports underwriting for site development, while the surrounding presence of new construction may align with continued residential buildout in the area. Interested investors and builders can review zoning specifics, development requirements, and any site-level constraints to confirm the development program.
The property is located in Durham, North Carolina, at 631-633 Clayton. Public remarks indicate it is surrounded by ongoing new construction, which may be relevant to assessing the neighborhood’s current trajectory and the competitive residential context for future buyers.
For developers looking to assemble a townhome plan, the zoning-supported capacity for 60+ townhomes is the central factor to evaluate during due diligence. Its configuration as land supports underwriting for site development, while the surrounding presence of new construction may align with continued residential buildout in the area. Interested investors and builders can review zoning specifics, development requirements, and any site-level constraints to confirm the development program.
Key Highlights
- Land zoned for 60+ townhomes
- Located in a Durham area surrounded by ongoing new construction
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
75
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Land zoned for 60+ townhomes, positioned amid ongoing new construction for residential development planning.
Where is this residential land & home lot located?
The property is located at 631-633 Clayton Durham, NC.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Land zoned for 60+ townhomes; Located in a Durham area surrounded by ongoing new construction
