Property profile

3217 Rowena Ave Durham, NC 27703

OFF-MARKET
Land
Property ID
US53-2174339
8.72 ac lot
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Property summary

AI-generated overview

This exceptional 8.72-acre property in Durham, North Carolina, presents a unique opportunity for development or personal use. Located at 3217 Rowena Ave, Durham, NC 27703 (APN: 084028646149), the land is zoned Rural Residential (Rual Res). The property includes a charming 1950s-era, three-bedroom, two-bathroom ranch-style home. The home features a kitchen with a breakfast area that flows seamlessly into the dining room, providing an open and inviting space for entertaining. A spacious family room and a separate living room offer ample living space. The master bedroom boasts dual closets and a private bathroom, adding to the home's comfort and convenience. Outdoor features include an oversized back patio, perfect for relaxation and gatherings, and a large covered front porch, ideal for enjoying the peaceful surroundings. A pond is also situated on the property, enhancing its natural beauty and appeal. The property is being offered for sale by owner for $1,500,000. Please note that offers should be submitted prior to scheduling a showing. Due to the nature of the property, access is restricted.

Property profile

Verified
Property type Land
Lot 8.72 ac (379,843 SF)
UPID US53-2174339

Cap rate & NOI

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

Location

3217 Rowena Ave Durham, NC 27703
Durham metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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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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