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    5433-5435 Guess Rd Durham, NC 27712

    Sponsored
    For Sale
    $4,510,000

    Prime Durham land, residential potential.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 90.2-acre land assemblage is situated on Guess Road in Durham, North Carolina, and presents a compelling opportunity for residential development. The property, encompassing four parcels (APN: 184074, 184075, 185112, 185113), is zoned Rural Residential (RR). A concept plan suggests the potential for over 90 residential lots, though rezoning is required. Further lot density may be achievable depending on the zoning outcome. The asking price is $4,510,000, translating to $50,000 per acre. City water and sewer are available nearby, contingent upon rezoning and annexation. The property's strategic location offers significant advantages

    Property Features for 5433-5435 Guess Rd

    General Information

    Property type
    Land
    Lot Size
    3,929,112 SF

    HighLights

    • City water and sewer available nearby; rezoning and annexation required.
    • Less than one mile from a planned Publix‑anchored mixed‑use development.
    • Due diligence materials including survey, concept plan, and soil borings are available online.
    • Creek crossing necessitates property access via a bridge unsuitable for vehicle transit.
    • Property showings by appointment only.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Auto Repair Shop Hair Salon Clothing Store Nail Salon Hotel & Motel Kitchen & Bath

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Durham
    County
    Durham
    State
    North Carolina
    Longitude
    -78.938049
    Latitude
    36.090881

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    FAQs

    What type of property is this?
    Land - Prime Durham land, residential potential.
    Where is this land located?
    The property is located at 5433-5435 Guess Rd Durham, NC.
    What is the asking price?
    The asking price for this property is $4,510,000.
    What are key features of this property?
    This property features: City water and sewer available nearby; rezoning and annexation required.; Less than one mile from a planned Publix-anchored mixed-use development.; Due diligence materials including survey, concept plan, and soil borings are available online.
    Request Owner's contact information
    5433-5435 Guess Rd Durham, NC 27712
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    Durham, NC 27712
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5433-5435 Guess Rd Durham, NC 27712
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