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    3430 Nc-55 Hwy Durham, NC 27713

    Sponsored
    For Sale
    $575,000

    2.28 Acres Near RTP, High Visibility

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 2.28-acre commercial land parcel in Durham, NC, offers a prime location near Research Triangle Park (RTP). Situated on high-traffic NC-55 Highway, this gently sloping site boasts approximately 1 acre of buildable land and presents significant development potential. Its strategic location is adjacent to new residential areas and across from a light industrial site, ensuring high visibility and accessibility. The property's Commercial General (CG) zoning allows for a variety of uses, including lab/office, medical office, multifamily, retail, or restaurant development. Utilities are readily available, with a water line on-site and sewer access nearby via MLK Jr Pkwy or an existing easement. The site benefits from its proximity to major transportation arteries, being less than 2 miles from RTP and approximately 1.5 miles north of I-40. A new Sam's Xpress Carwash is under construction adjacent to the property, further enhancing its desirability and potential for increased traffic. The property's APN is 155767 & 155766. This is an outstanding opportunity to capitalize on the growth and development within this thriving area. The asking price is $575,000.

    Property Features for 3430 Nc-55 Hwy

    General Information

    Property type
    Land
    Lot Size
    99,317 SF

    HighLights

    • Gently sloping site suitable for diverse development in a rapidly growing area.
    • High‑visibility location on NC‑55, ideal for lab/office, medical, multifamily, retail, or restaurant uses.
    • Adjacent to a new Sam's Xpress Carwash under construction.
    • Minutes from Research Triangle Park (RTP) and I‑40.
    Property Profile Location Intelligence

    Current Use by Public Records

    Isalis Gift Shop Party City Party Store Skunk Funk Wholesaler Carl's Trading Co Hat Shop Bushka's Kitchen LLC Outdoor Clothing And Equipment Shop

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing 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
    -78.889109557543
    Latitude
    35.928848173747

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    FAQs

    What type of property is this?
    Land - 2.28 Acres Near RTP, High Visibility
    Where is this land located?
    The property is located at 3430 Nc-55 Hwy Durham, NC.
    What is the asking price?
    The asking price for this property is $575,000.
    What are key features of this property?
    This property features: Gently sloping site suitable for diverse development in a rapidly growing area.; High-visibility location on NC-55, ideal for lab/office, medical, multifamily, retail, or restaurant uses.; Adjacent to a new Sam's Xpress Carwash under construction.
    (919) 287-3212
    Request Owner's contact information
    3430 Nc-55 Hwy Durham, NC 27713
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    Durham, NC 27713
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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
    3430 Nc-55 Hwy Durham, NC 27713
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