2205 Coley Rd Durham, NC 27703

Property Details for 2205 Coley Rd

Lot size

2.85 lot acres

Property type

Commercial real estate

Description

This exceptional 2.85-acre land package in Durham, NC, presents a compelling investment opportunity for residential development. Located just off Highway 98, between Durham and Wake Forest, the property comprises five contiguous lots zoned RR (Suburban), offering flexibility in residential planning. Importantly, the land is not situated within a flood zone or stream buffer, simplifying development processes. While subject to impervious surface limits under the F/J-B watershed protection overlay, this constraint encourages sustainable and environmentally conscious development strategies. The proximity to the planned Wildlife Trail Project, a conservation subdivision focused on preserving open space and natural resources, further enhances the appeal and potential value of this land. This eco-friendly development will create a desirable neighborhood for future homeowners. The property's convenient access to Highway 98 provides excellent connectivity. Note that the property is approximately half a mile from a licensed Land Clearing and Inert Debris recycling facility. While this facility is committed to sustainable practices and is unlikely to impact the residential lots, potential buyers are advised to independently verify any environmental or operational concerns with local authorities before proceeding. This presents a unique chance to capitalize on the area's growth and contribute to a thriving, environmentally responsible community. The asking price for this exceptional land package is $307,800.