Incredible opportunity to develop .56 acres in desirable Durham 27701 w/ 1500sqft+ new construction home prices averaging 650k+ in this booming area. Large city lot surrounded by established neighborhoods w/ access to both Camden Avenue & Nancy Street, ideal for subdividing & future development. Currently zoned RU-5, allowing minimum 5000sqft lot sizes as well as small lot options of 2000sqft. Take advantage & tag along with future development in area or bring your own dream home/builder/developer to this beautiful lot & explore all possibilities. City water & sewer available. Minutes away from Downtown Durham, Duke University, RDU, RTP, & easy access to 85/885. Durham's upcoming rewrite of their Unified Development Ordinance (UDO) set to be rezoned R-D, which will significantly increase the development possibilities for this property. Aerial videos & additional documentation from city available.
MLS# | 10052018 |
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Listing Type | For Sale |
Style | Farm or Ranch |
Sub-Type | Resale |
Status | Active |
Days On Site | 134 |
Listing Provided By | Keller Williams Elite Realty | Robert Hunt |
Zoning | R-5 |
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Acreage | 0.56 |
Property View | Yes |
State | NC |
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County | Durham |
City | Durham |
Zip Code | 27701 |
Area | Durham |
Community Name | Not in a Subdivision |
School District | Durham - Durham School of the Ar |
Elementary School | Durham - Eastway |
Middle School | Durham - Lucas |
High School | Durham - Durham School of the Ar |
Listing VS Median (in Not in a Subdivision) | |
Price: $429,000 low | high Med: $319,900 On Site: 134 low | high Med: 63.500000 |