3000 State St, Durham, NC 27704
This exceptional 0.47-acre wooded lot presents a unique opportunity for development in Durham, NC. Located at 3000 State St., Durham, NC 27704, this property offers a tranquil setting nestled behind 306 Delafield St. Surrounded by natural greenery, it provides a blank canvas for future residential construction. The lot's size allows for considerable flexibility in design and development. Its convenient location offers easy access to downtown Durham, renowned universities, a variety of local amenities, and major transportation routes. Prospective buyers are encouraged to conduct thorough due diligence, including a review of access options, to fully explore the potential of this property. The asking price for this remarkable land parcel is $39,950. This represents a compelling investment opportunity in a thriving and desirable area. Don't miss the chance to build your dream home in this idyllic setting. The property is situated in Durham County, North Carolina, and its coordinates are 36.030057 latitude and -78.888575 longitude.
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.