Property summary
This exceptional 0.51-acre property at 2816 Summerlin Road, Unit 2816, Durham, NC, presents a compelling investment opportunity. Situated in a high-growth area of Durham, this lot offers significant potential for development or redevelopment. The property boasts convenient frontage road access, providing excellent visibility and accessibility. Its size allows for a variety of uses, making it an attractive option for entrepreneurs and investors alike. The current asking price is $150,000. Given the strategic location and the potential for future appreciation in this thriving North Carolina city, this property represents a rare chance to acquire a valuable asset in a dynamic market. The absence of existing structures provides a blank canvas for creative development plans, tailored to meet specific needs and maximize return on investment. Serious inquiries are encouraged to explore the possibilities this unique Durham property offers. The property is zoned for [Zoning information not provided, therefore cannot be included]. Further due diligence is recommended to confirm all aspects of the property and its potential uses.
Property profile
VerifiedCap rate & NOI
Current use
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(Bike/Boat/Book/etc) Store
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Party Supply Store (Bike/Boat/Book/etc) Store
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Big Box & Wholesale Store
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Hat Shop
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(Bike/Boat/Book/etc) Store
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
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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