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    5010 Guess Rd Durham, NC 27712

    Sponsored
    For Sale
    $1,500,000

    Three parcels, ideal redevelopment opportunity.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 3.72-acre property, comprised of three parcels (APN 182691, 182690, 182689), is situated at the corner of Guess Road and Latta Road in Durham, North Carolina (27712). Zoned RS-20, this land offers significant potential for commercial and residential development. The location provides convenient access to major transportation arteries, including Interstate 85 (approximately 4 miles away), placing it within easy reach of downtown Durham (about 7 miles), Duke University and Hospital (approximately 7 miles), and Roxboro (roughly 20 miles). The property's size and strategic location make it an attractive investment for developers seeking a prime site for a variety of projects. The asking price for this exceptional opportunity is $1,500,000. This listing encompasses three parcels totaling 3.72 acres. Further details are available upon request.

    Property Features for 5010 Guess Rd

    General Information

    Property type
    Land
    Lot Size
    162,043 SF

    HighLights

    • 3.72‑acre commercial/residential development site in Durham, NC.
    • Prime location at Guess & Latta Roads, zoned RS‑20.
    • Convenient access to I‑85 (4 miles), downtown Durham (7 miles), Duke University & Hospital (7 miles).
    • Three parcels (APN 182691, 182690, 182689) totaling 3.72 acres.
    • Asking price: $1,500,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Hair Salon Nail Salon Clothing Store Auto Repair Shop Pharmacy 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
    -78.930327580145
    Latitude
    36.080901223907

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    FAQs

    What type of property is this?
    Land - Three parcels, ideal redevelopment opportunity.
    Where is this land located?
    The property is located at 5010 Guess Rd Durham, NC.
    What is the asking price?
    The asking price for this property is $1,500,000.
    What are key features of this property?
    This property features: 3.72-acre commercial/residential development site in Durham, NC.; Prime location at Guess & Latta Roads, zoned RS-20.; Convenient access to I-85 (4 miles), downtown Durham (7 miles), Duke University & Hospital (7 miles).
    (919) 287-3213
    Request Owner's contact information
    5010 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
    5010 Guess Rd Durham, NC 27712
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