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    3721 Brightwood Ln Durham, NC 27703

    Sponsored
    For Sale
    $2,750,000

    Prime Durham residential land, 9.21 acres.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    399
    This exceptional 9.21-acre parcel presents a remarkable opportunity for residential development in Durham, North Carolina. Located at 3721 Brightwood Lane, zip code 27703, this flat property boasts convenient access to essential utilities, including water and sewer (potential connection required). The zoning designation is RR, making it ideally suited for single-family home construction. The expansive lot size offers significant potential for a substantial residential project. Its advantageous location within Durham County provides easy access to local amenities and infrastructure. The property's relatively flat terrain simplifies development, and the possibility of access from two sides enhances logistical efficiency during construction. This is a rare find in a highly desirable area, offering a unique chance to create a thriving residential community. The asking price is $2,750,000. Serious inquiries only.

    Property Features for 3721 Brightwood Ln

    General Information

    Property type
    Land
    Lot Size
    401,188 SF

    HighLights

    • $2,750,000 asking price.
    • 9.21‑acre residential land parcel.
    • Located at 3721 Brightwood Ln, Durham, NC 27703.
    • Utilities, water, and sewer access (potential tap‑in).
    • Flat land with potential dual‑side access.
    • Zoned RR.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Nail Salon Building Supply Auto Repair Shop Gym & Fitness Wholesale Shop Kitchen & Bath Bar & Pub Discount Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Durham
    County
    Durham
    State
    North Carolina
    Longitude
    -78.808677
    Latitude
    36.011822

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    FAQs

    What type of property is this?
    Land - Prime Durham residential land, 9.21 acres.
    Where is this land located?
    The property is located at 3721 Brightwood Ln Durham, NC.
    What is the asking price?
    The asking price for this property is $2,750,000.
    What are key features of this property?
    This property features: $2,750,000 asking price.; 9.21-acre residential land parcel.; Located at 3721 Brightwood Ln, Durham, NC 27703.
    Request Owner's contact information
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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
    3721 Brightwood Ln Durham, NC 27703
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