Durham Multifamily Redevelopment
For Sale
Contact for pricing
3823 Durham-Chapel Hill Blvd, Durham, NC 27707
Prime corridor location near University Hill and major transit.
Property SizeContact for details
Days on Market659
Property Features for 3823 Durham-Chapel Hill Blvd
General Information
Standard status
Active
Property subtype
Land
Zoning
CG
Listing Agency:
Lee & Associates - Raleigh Durham
(919) 576-2501
Listed By:
Moss Withers · License #NC
Source:
Crexi
Added: Nov 1, 2024
Changed: Aug 20
Last Checked: Aug 20 at 3:02PM
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 Lee & Associates - Raleigh Durham
Investment Insights
Based on property information with market context.
This commercial land presents a multifamily redevelopment opportunity in Durham. Situated on a prime corridor, the site is located near the new University Hill mixed-use development, as well as various retail and restaurant options. The property benefits from its location at the signalized corner of US 15-501 Hwy Bus and Shannon Road, offering high visibility and access to major transit corridors.
Key Highlights
- Prime corridor location in Durham.
- Redevelopment opportunity.
- Close proximity to University Hill mixed‑use development.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
77
Businesses Nearby
Explore this area
Business Placement
Demographics for 27707, NC
49,787
Population
23,528
Households
2.1
Avg Household Size
34
Median Age
57%
College-Educated
92%
High-School Grad
20.7 sq mi
ZIP Area
2,405
Density / Sq Mi
$72,432
Median Household Income
$45,803
Median Earnings
$1,364
Median Rent
$371,500
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Prime corridor location near University Hill and major transit.
Where is this commercial land located?
The property is located at 3823 Durham-Chapel Hill Blvd Durham, NC.
What is the asking price?
The asking price for this property is $18,000,000.
What are key features of this property?
This property features: Prime corridor location in Durham.; Redevelopment opportunity.; Close proximity to University Hill mixed‑use development.
