3102 Us-70 Durham, NC 27703
This exceptional 29.12-acre commercial land parcel, located at 3102 E. US Highway 70 in Durham, NC (APN: 0759-04-44-9810), presents a unique development opportunity. Zoned for both residential and general commercial use, this property boasts significant highway frontage and enjoys excellent visibility. Its strategic location offers convenient access to Durham, Northwest Raleigh, and Research Triangle Park, providing access to a robust workforce and educational institutions. The site benefits from relatively uncongested traffic patterns, a significant advantage in the Triangle area. Situated near the intersection of Hwy 70 and Leesville Road, it's approximately two miles west of the thriving Brier Creek mixed-use development, which includes retail, multifamily housing, single-family homes, and a championship golf course. The land itself features rolling topography, adding to its aesthetic appeal and development potential. This property is ideally suited for a variety of commercial or residential projects, capitalizing on its prime location and high visibility. The asking price is $3,200,000. The property's zip code is 27703.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.