1011 Andrews Rd Durham, NC 27705
- Industrial land
- 3.73 lot acres
Current Use by Public Records
- Industrial land
Property Details for 1011 Andrews Rd
- Lot size
- 3.73 lot acres
- Zone code
- OI(D)
- Property type
- Industrial land
- APN
- 124749
- APU
- 124749
Description
This exceptional 3.81-acre residential land parcel, located at 1011 Andrews Rd, Durham, NC 27705, presents a prime development opportunity. Situated approximately one mile from Duke University, Duke Hospital, and the Duke VA Hospital, this property benefits from the robust growth and high demand for housing in Durham. The OI(D) and RS-10 zoning permits a variety of residential development options, ideally suited to address the current shortage of quality housing in this area. The location offers convenient access to Durham's vibrant dining, shopping, and economic attractions, making it an attractive location for potential residents. The property's APN is 124749 and 195461. This presents a unique chance to capitalize on the thriving Durham market, with potential for a sale or joint venture partnership. The site's proximity to major employers and amenities ensures strong rental demand and potential for high occupancy rates. This is an exceptional opportunity for developers seeking to contribute to the ongoing growth of Durham's residential landscape. The property's size and location make it an ideal candidate for a townhome community, catering to the significant housing needs of the area. Serious inquiries are encouraged.
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
- -78.954
- Latitude
- 36.0146
- CBSA code
- 20500
- CBSA name
- DURHAM-CHAPEL HILL, NC METROPOLITAN STATISTICAL AREA
