2506 Coley Rd Durham, NC 27703
This exceptional 1.8-acre commercial land parcel, located at 2506 Coley Road in Durham, NC 27703, presents a compelling investment or development opportunity. Situated on a desirable corner lot at the busy intersection of Coley and Kemp Roads, this property boasts excellent visibility and accessibility. The lot features a paved surface and a few trees, offering a versatile canvas for various commercial ventures. Its strategic location near the Wake County line and close proximity to Highway 98, between Durham and Wake Forest, ensures high traffic volume and easy access to major transportation routes. The area is experiencing significant growth, with nearby developments like the Perry Farms community (over 600 homes) further enhancing the property's potential. The asking price is $378,900. The lot size is 78,408 square feet. Adjacent properties are also reportedly under consideration for future development, suggesting a rapidly expanding commercial landscape. This prime location offers significant potential for investors and developers seeking to capitalize on the area's burgeoning growth. Don't miss this chance to secure a piece of Durham's thriving commercial sector. Further information regarding adjacent properties should be independently verified.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.