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1004 Nc-54 Durham, NC 27713

OFF-MARKET Land Google Maps
1.7 ac lot
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

This exceptional 1.7-acre commercial land parcel presents a unique investment opportunity in Durham County, North Carolina. Located at the highly visible corner of NC 54 Hwy E and Barbee Road, this property boasts a prime location with significant traffic flow. The site enjoys a strategic position at a signalized intersection, ensuring maximum exposure for any commercial or retail development. Data indicates approximately 16,500 vehicles pass this location daily (2021 figures). The property's zoning is currently designated RS-20 and RR, making it suitable for a variety of commercial uses. Future land use planning designates this area for Neighborhood Services, further enhancing its potential. The parcel's size and location make it ideal for businesses seeking high visibility and accessibility. With its strong demographics and proximity to new residential developments, this site offers exceptional growth potential. The Durham County tax parcel number is 152969. The asking price for this remarkable property is $1,600,000. This is a rare opportunity to acquire a strategically located commercial land parcel in a thriving Durham County market.

Property profile

Verified
Property type Land
Lot 1.7 ac (74,052 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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