1955 Cornwallis RdDurham, NC 27705

Property Details for 1955 Cornwallis Rd

Year built

1975

Lot size

4.90 AC

Property size (Sq ft)

22,158 SF

Property type

Other commercial real estate

Property subtype

Other land

Description

This exceptional 4.9-acre commercial property at 1955 West Cornwallis Road in Durham, North Carolina, presents a unique investment opportunity. The property features a 22,158 square foot building constructed in 1975, currently vacant, and zoned RS-10. Its strategic location offers excellent access to major thoroughfares, including Highway 15-501, Highway 147, I-85, and I-40, ensuring convenient commutes to Duke University, downtown Durham, Research Triangle Park (RTP), and Chapel Hill. The property's proximity to Duke University and the thriving South Durham area adds significant value. The existing building provides immediate potential for repurposing, while the expansive lot size allows for substantial redevelopment opportunities, including the possibility of a multi-family community with structured parking, subject to rezoning. This property is ideally situated near numerous amenities in South Square, University Hill, Patterson Place, and University Tower, enhancing its appeal and potential for future development. The asking price for this exceptional property is $4,500,000. This is a rare chance to acquire a significant piece of Durham real estate with high potential for future growth and return on investment.

Location Insight

City

Durham

County

Durham county

State

North Carolina

Latitude

35.9812

Longitude

-78.9554

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at support@realmo.com and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at support@realmo.com.