Land Near Duke
For Sale
Contact for pricing
1011 Andrews Rd, Durham, NC 27705
Land for proposed townhome community near Duke University.
Property SizeContact for details
Days on Market718
Property Features for 1011 Andrews Rd
General Information
Standard status
Active
Property subtype
Land
Zoning
OI(D) and RS-10
Listing Agency:
APG Advisors
(919) 832-1110
Listed By:
David Batten · License #NC 249584
Source:
Crexi
Added: Aug 22, 2024
Changed: Aug 8
Last Checked: Aug 8 at 4:04AM
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 APG Advisors
Investment Insights
Based on property information with market context.
This property presents an opportunity for a proposed townhome community. It is located approximately one mile from Duke University, Duke Hospital, and Duke VA Hospital. The project is expected to benefit from ongoing growth in the city of Durham. The area has a demand for quality living spaces for sale and for rent. The hospitals and the University sustain an ecosystem of individuals and families in need of housing. The condo townhomes will offer convenient access to Durham’s dining, boutiques, and economic attractions. The ownership is exploring a sale or joint venture partnership.
Key Highlights
- Prime location: Approximately one mile from Duke University, Duke Hospital, and Duke VA Hospital.
- High demand: Lack of quality living spaces for sale and rent in the area.
- Growth potential: Project will benefit from ongoing and accelerating growth in Durham.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
746
Businesses Nearby
Explore this area
Business Placement
Demographics for 27705, NC
50,472
Population
24,108
Households
2.1
Avg Household Size
34
Median Age
62%
College-Educated
91%
High-School Grad
42.1 sq mi
ZIP Area
1,199
Density / Sq Mi
$71,153
Median Household Income
$43,138
Median Earnings
$1,422
Median Rent
$398,500
Median Home Value
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 - Land for proposed townhome community near Duke University.
Where is this residential land & home lot located?
The property is located at 1011 Andrews Rd Durham, NC.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: Prime location: Approximately one mile from Duke University, Duke Hospital, and Duke VA Hospital.; High demand: Lack of quality living spaces for sale and rent in the area.; Growth potential: Project will benefit from ongoing and accelerating growth in Durham.
