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9222 Nc 751 Hwy Durham, NC 27713

OFF-MARKET Land Google Maps
300,000 SF 41.1 ac lot
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

This exceptional 41.1-acre site in Durham, NC, presents a fully entitled mixed-use development opportunity. Located at 9222 NC 751 Highway, Durham, NC 27713, this prime location offers unparalleled access to major thoroughfares, including I-40 (124,000 vehicles per day) and is conveniently situated near Research Triangle Park (RTP), Duke University, and the recently announced Apple campus. The property is zoned MU(D) - Mixed Use Development and is entitled for up to 1,340 residential units and 300,000 square feet of commercial space. This development sits within a larger 165-acre master-planned community, already featuring a mix of single-family homes and townhomes, and is projected to include a neighborhood grocery store. Existing infrastructure includes master stormwater management and stubbed utilities. The site benefits from its proximity to established residential areas with homes ranging from $400,000 to $3,000,000, and nearly 3.2 million square feet of retail space. Highway 751 is slated for widening to four lanes, further enhancing accessibility. While a rezoning process is underway to potentially adjust residential and commercial square footage, this opportunity offers a fast-tracked development timeline with significant potential for return in a rapidly growing market. The property's APN is 0717-04-42-6888. Further details regarding infrastructure improvement costs are available upon request.

Property profile

Verified
Property type Land
Total area 300,000 SF
Lot 41.1 ac (1,790,316 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store
  • Party Supply Store (Bike/Boat/Book/etc) Store
  • Big Box & Wholesale Store
  • Hat Shop
  • (Bike/Boat/Book/etc) Store

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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