Property summary
This exceptional 14-acre commercial land parcel presents a unique investment opportunity in Durham, North Carolina. Strategically located on NC-55, this property boasts approximately 1,100 feet of frontage, ensuring high visibility and accessibility. Its prime location offers convenient access to Downtown Durham, Research Triangle Park (RTP), and Raleigh-Durham International Airport (RDU), all within a 10-minute drive. The property is zoned CC, permitting a wide range of commercial uses, including retail establishments, restaurants, shopping centers, medical offices, automotive businesses, and convenience stores. This versatility allows for diverse development options, catering to a broad spectrum of potential tenants and maximizing return on investment. The significant lot size provides ample space for large-scale projects, while the high-traffic location guarantees substantial exposure. This property is ideal for developers seeking a prime location to build a thriving commercial venture, capitalizing on the robust economic growth and strategic location within the Research Triangle region. The asking price is $3,700,000. Don't miss this chance to acquire a highly desirable commercial land parcel in one of North Carolina's fastest-growing areas.
Property profile
VerifiedCap rate & NOI
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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