Durham, NC 27704
- Commercial real estate
- 0.69 lot acres
Current Use by Public Records
- Commercial real estate
Property Details
- Lot size
- 0.69 lot acres
- Property type
- Commercial real estate
Description
This exceptional 0.69-acre lot presents a compelling investment opportunity in the thriving city of Durham, North Carolina. Its strategic location offers significant advantages for developers and investors alike. The property boasts convenient frontage road access, simplifying logistics and enhancing accessibility. The expansive acreage provides ample space for a variety of development possibilities, allowing for creative design and flexible utilization. This is a truly unique opportunity to acquire a substantial parcel of land in a rapidly growing area of Durham. The property is being sold in conjunction with 2816 Summerlin Rd., Durham, NC, offering a combined potential for significant returns. The combined properties offer a substantial land holding with excellent potential for future development or redevelopment. Given the current market conditions and the property's prime location, this represents a rare chance to secure a valuable asset in a highly sought-after area. The potential for appreciation is considerable, making this an attractive proposition for both short-term and long-term investment strategies. Serious inquiries are encouraged to explore the full potential of this exceptional property. The seller is motivated and ready to negotiate. Don't miss this chance to own a piece of Durham's vibrant future. The asking price for this exceptional investment opportunity is $150,000.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Durham
- County
- Durham
- State
- North Carolina
- Longitude
- -78.9123
- Latitude
- 35.9962
