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Property profile & analytics
OFF-MARKET
Land

5500 Chin Page Rd Durham, NC 27703

14.09 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 14.09-acre commercial land parcel presents a remarkable investment opportunity in Durham, North Carolina. Located at 5500 Chin Page Road, the property boasts a highly desirable location with excellent access to major transportation arteries and significant employment centers. The asking price is $275,000, translating to a price per acre of $275,000. The property's APN is 0758-00-2343, and it is zoned IL-Current Zoning. Its strategic position offers unparalleled convenience, situated less than two miles from the intersection of Interstates 40 and 540, providing seamless connectivity throughout the region. Furthermore, the property enjoys close proximity to key logistical hubs such as FedEx and Wolf Speed, as well as the renowned Research Triangle Park (RTP) and World Trade Park, ensuring strong potential for future development and tenant attraction. The site's substantial acreage provides ample space for a variety of commercial ventures, making it an attractive proposition for developers seeking a prime location in a thriving market. This is a rare opportunity to acquire a significant land holding in a high-growth area of Durham, North Carolina. The property is ready for development and offers significant potential for long-term appreciation. The location's proximity to RDU International Airport, just four miles away, further enhances its appeal and accessibility.

Property profile
Verified
Property type Land
Lot 14.09 ac (613,760 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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