7001 Roxboro Road/501 Durham, NC 27712
- Land
- 287.72 lot acres
Current Use by Public Records
- Land
Property Details for 7001 Roxboro Road/501
- Lot size
- 287.72 lot acres
- Property type
- Land
- Property subtype
- Farms
Description
Mason Farm presents a unique opportunity for residential development in Durham County, North Carolina. This ±287.72-acre property boasts an approved 141-lot site plan, including 40 finished lots (50' x 118' and 50' x 120'), 15 partially completed lots (50' x 120' and 50' x 136'), and 86 raw lots (planned for 50' x 136'). The site benefits from significant existing infrastructure, including a completed spine road with curb and gutter, clearing and grading, four community wells, and a wastewater treatment plant (minimum 67,000 GPD) nearing completion (expected February 2024). This plant will serve the entire development, along with associated septic fields. Located just 10 miles from Downtown Durham and Duke University, this prime location offers convenient access to major employers in Downtown Durham and Research Triangle Park (RTP). The property is zoned Rural Residential (RR). The high demand for housing in this area, coupled with a relatively low development pipeline, makes Mason Farm an attractive investment. Nearby communities have recently achieved strong sales prices in the mid-$400,000s to low-$500,000s, indicating significant market potential. The property's proximity to amenities, including the Eno River State Park (10 miles away), further enhances its desirability. This is a ready-to-develop site with substantial infrastructure already in place.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Durham
- County
- Durham
- State
- North Carolina
- Longitude
- -78.9073
- Latitude
- 36.1274