419 Baptist Rd, Durham, NC 27704
This exceptional 15-acre property located at 419 & 501 Baptist Road, Durham, NC, presents a unique investment opportunity. The land is comprised of 14 vacant acres and a 1-acre parcel currently improved with a home. The property boasts a convenient location, situated less than half a mile from Highway 98, offering easy access to major transportation routes. Its proximity to the Raleigh-Durham International Airport (RDU) – approximately 18 minutes away – and the Research Triangle Park (RTP) – about 17 minutes away – further enhances its appeal. The property is zoned for both residential and agricultural uses, providing considerable flexibility for development. The asking price for this expansive tract is $2,500,000. Parcel numbers are 0861-62-0431 and 0861-52-7698. This presents a rare chance to acquire a significant land holding in a rapidly growing area of Durham County, within the 27704 zip code. The property's versatility and strategic location make it ideal for a variety of development projects, offering substantial potential for future growth and return on investment. This is a blank canvas for a creative developer seeking a prime location in Durham, North Carolina.
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
Similar Nearby for Sale
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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.