Listing Agency: SVN | Real Estate Associates r***@svn.com Show Phone

Listed By: Reggie Oakley · License #NC 299923

Source: Crexi

Added: Jun 14, 2023 Changed: Aug 8 Last Checked: Aug 8 at 4:37AM

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Investment Insights

Based on property information with market context.

This property features approximately 3.72 acres situated at the corner of Guess Road and Latta Road in north Durham. The site consists of three parcels and is considered suitable for redevelopment. An adjacent parcel totaling approximately 1.95 acres is also available for purchase.

Key Highlights

• ±3.72 acres of land prime for redevelopment.
• Located at the corner of Guess Road and Latta Road in north Durham.
• Consists of three parcels.

Property Analytics

Property Profile

Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Hair Salon Spa & Massage Center Auto Repair Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

63

Businesses Nearby

Explore this area Business Placement

Demographics for 27712, NC

21,683

Population

9,686

Households

2.2

Avg Household Size

46

Median Age

49%

College-Educated

94%

High-School Grad

33.2 sq mi

ZIP Area

653

Density / Sq Mi

$91,190

Median Household Income

$53,060

Median Earnings

$1,614

Median Rent

$324,400

Median Home Value

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Commercial land - Prime 3.72-acre land parcel available for redevelopment.

Where is this commercial 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 acres of land prime for redevelopment.; Located at the corner of Guess Road and Latta Road in north Durham.; Consists of three parcels.