Property profile

2123 Page Rd Durham, NC 27703

OFF-MARKET
Land
Property ID
US53-2140952
3.73 ac lot
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Property summary

AI-generated overview

This exceptional 3.73-acre parcel, located at 2123 Page Road in Durham, North Carolina, presents a compelling investment opportunity. Zoned RR, this property offers significant potential for development, given its strategic location in a high-growth area near Brier Creek and Interstate 540. The property's proximity to Raleigh-Durham International Airport (approximately 5 miles) further enhances its appeal. The asking price is $650,000. Utilities, including water and sewer, are available through the City of Durham, though annexation is required. Parcel ID number is 164041. Note that an additional approximately 29.12 acres of adjacent land may be available, presenting a potential assemblage opportunity for larger-scale development projects. This versatile property is suitable for a range of industrial and residential uses, making it an attractive prospect for developers and investors seeking a foothold in a thriving market. The property is classified as both industrial and residential land.

Property profile

Verified
Property type Land
Lot 3.73 ac (162,479 SF)
UPID US53-2140952

Cap rate & NOI

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

Location

2123 Page Rd Durham, NC 27703
Durham metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Blend (final) Blend
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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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