Multi-Family Development Land
For Sale
$7,150,000
8200 Nc Highway 751, Durham, NC 27713
Nearly 10-acre apartment development site designated for mixed residential neighborhood use.
Property SizeContact for details
Lot Size9.88 Acres
Days on Market42
Property Features for 8200 Nc Highway 751
General Information
Standard status
Active
Lot size
9.88 Acres
Property subtype
Land
Site & Location
Highway Access
Yes
Road Access
Yes
Taxes and HOA fees
Annual Taxes
$9,931
Listing Agency:
Pickett-Sprouse Commercial RE
(828) 450-0140
Listed By:
William Yeager
(828) 450-0140
Source:
Exprealty
Added: Jul 11
Changed: Aug 8
Last Checked: Jul 21 at 2:48AM
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 Pickett-Sprouse Commercial RE
Investment Insights
Based on property information with market context.
The offering is a large apartment development site totaling 9.88+ acres. Durham’s 2023 Comprehensive Plan designates the property for Mixed Residential Neighborhood, a land use type that includes apartments. The seller indicates that neighboring parcels have been approved for 29+ dwelling units per acre, subject to applicable approvals. The listing photos include information regarding land use and the location of public utilities.
The property is located on Highway 751, approximately 1/2 mile south of I-40 and The Streets at Southpoint. The remarks note convenient access to Research Triangle Park, downtown Durham, downtown Chapel Hill, and RDU International Airport.
The seller will consider offers using standard form 580L-T, and proof of funds must accompany any offer. Please contact the listing agent with questions.
The property is located on Highway 751, approximately 1/2 mile south of I-40 and The Streets at Southpoint. The remarks note convenient access to Research Triangle Park, downtown Durham, downtown Chapel Hill, and RDU International Airport.
The seller will consider offers using standard form 580L-T, and proof of funds must accompany any offer. Please contact the listing agent with questions.
Key Highlights
- 9.88+ acre apartment development site on Highway 751
- Located about 1/2 mile south of I‑40 and The Streets at Southpoint
- Durham 2023 Comprehensive Plan designates the property for Mixed Residential Neighborhood use
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
121
Businesses Nearby
Explore this area
Business Placement
Demographics for 27713, NC
54,988
Population
26,266
Households
2.1
Avg Household Size
36
Median Age
65%
College-Educated
96%
High-School Grad
35.4 sq mi
ZIP Area
1,553
Density / Sq Mi
$96,900
Median Household Income
$56,918
Median Earnings
$1,460
Median Rent
$380,500
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Nearly 10-acre apartment development site designated for mixed residential neighborhood use.
Where is this residential land & home lot located?
The property is located at 8200 Nc Highway 751 Durham, NC.
What is the asking price?
The asking price for this property is $7,150,000.
What are key features of this property?
This property features: 9.88+ acre apartment development site on Highway 751; Located about 1/2 mile south of I‑40 and The Streets at Southpoint; Durham 2023 Comprehensive Plan designates the property for Mixed Residential Neighborhood use
