For Sale
Property summary
This exceptional ±2.8-acre commercial land parcel presents a unique investment opportunity in Durham, North Carolina. Strategically located on a hard corner with a signalized intersection at 1300 Old Oxford Road, the property boasts excellent visibility and accessibility. The seller is currently constructing an adjacent self-storage facility and will deliver this site fully prepared, cleared, rough-graded, and with site-constructed materials (SCM) installed. This prime location benefits from robust residential and commercial growth in the immediate area, with over 1,300 proposed residential units adding to the already thriving community. The property's favorable Industrial Light (IL) zoning allows for a wide range of commercial uses, providing significant flexibility for future development. This is an ideal site for developers seeking a well-positioned parcel in a rapidly expanding market. The 27704 zip code ensures convenient access to major transportation routes and amenities. The site's size and location make it an attractive proposition for a variety of commercial ventures, capitalizing on the area's strong growth trajectory. Don't miss this chance to acquire a highly desirable commercial land parcel in a dynamic Durham County location.
Property profile
VerifiedCap rate & NOI
Value estimations
Owner & transaction history
Zoning & alternative use
The IL District is established to provide for a wide range of light manufacturing, warehousing, and wholesaling activities as well asofficesand some support services, all subject to minimum design standards intended to e…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
IL · Durham, NCThe IL District is established to provide for a wide range of light manufacturing, warehousing, and wholesaling activities as well asofficesand some support services, all subject to minimum design standards intended to e…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for IL in Durham, NC.
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Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
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