5500 Chin Page Rd Durham, NC 27703
- Land
- 14.09 lot acres
Current Use by Public Records
- Land
Property Details for 5500 Chin Page Rd
- Lot size
- 14.09 lot acres
- Property type
- Land
Description
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.
Value Estimation
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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
- -78.8304
- Latitude
- 35.894
