1502 Old Oxford Rd Durham, NC 27704

Property Details for 1502 Old Oxford Rd

Lot size

11.85 lot acres

Property type

Commercial real estate

APN

177741

Description

This exceptional 11.85-acre land parcel presents a unique investment opportunity in Durham, North Carolina. Situated at the signalized intersection of Old Oxford and Hebron Roads, this property boasts a favorable, gently sloping topography and is ideally located adjacent to the new Welcome Venture Park. The site is zoned RS-20 & RR, permitting both high-density residential and light industrial development, making it highly versatile. Public water and sewer services are readily available nearby. The property offers convenient access to major transportation arteries, including Highway 70/I-85, with direct access to Old Oxford Road and the planned North Durham Parkway. While a 120-foot wide dedication is required for the potential expansion of the North Durham Parkway, this strategic location ensures significant future growth potential. The asking price for this prime development land is $1,777,500. The property's APN is 177741, and its address is 1502 Old Oxford Rd, Durham, NC 27704. This is a rare chance to acquire a substantial tract of land in a rapidly developing area with excellent infrastructure and access. The property's size and zoning make it suitable for a variety of development projects, promising strong returns for the discerning investor.