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27 Lot Eastern Durham Infill

UNDER CONTRACT 5.05 +/- Acres $1,250,000
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Why You'll Love It

National Land Realty is pleased to present this premier infill development opportunity in surging East Durham. A designated redevelopment area just minutes from Downtown, RTP, and Raleigh. Situated in a rapidly transforming corridor, this 5.05± acre project offers 27 recently platted residential lots ranging from 5,000 to 10,000 square feet.

Nearly all due diligence and engineering has been completed by local engineers, making this a plug-and-play opportunity for builders and developers looking for near shovel-ready opportunity in a high-demand market.

Positioned only three miles from downtown with immediate access to I-885, US 70, and NC 147 this site offers unparalleled access to Duke University, RDU Airport, and most major employers of the Triangle.  

With engineering nearly complete, utilities within reach, and substantial nearby development activity, this property represents a rare, turn-key infill development opportunity in Durham’s urban core.

The site offers a clear path to completion within 6 months with minimal additional investment. Get product on the ground sooner with this acquisition! Email the listing agent to receive access to the Dataroom. 

 

Read More

Parcel #/ID

see exhibit

Property Highlights
  • Premier Single-Family Home or BTR Development Opportunity. Click HERE for our digital brochure. 
  • Thriving Raleigh-Durham Economy. The site boasts an ideal location in Durham, three miles from Downtown, home to the Durham Athletic Park, Durham Performing Arts Center ("DPAC"), and American Tobacco. Major employers in the immediate vicinity include RTI, IBM, and NC Bio Center. This is an excellent opportunity for single-family, built-to-rent, or socially responsible builders. 
  • 6,900 new jobs & 14 large-scale economic developments underway. Adjacent Development: Directly across East End Avenue, a Charlotte-based developer acquired 95 acres for a major mixed-use project known as Brickworks, featuring: 1800 Residential Units and 49,500 of Commercial Space.  
  • #2 Best Places to Live in 2022 (U.S. News & World Best Places to Live).
  • Strategic Central Location- 3 miles to Downtown Durham, 10-minute drive to Duke University and 10 miles to RDU.
  • Immediate access to the Triangle's major corridors. 
  • The subject site has access to Durham municipal water & sewer. 

Zoning:

RU5

Future Land Use:

RU5

Commercial Market:

Durham

Listing ID#:

3251707


Location
1 Eastern Way
Durham, NC 27703
Coordinates:

35.97416522646 , -78.857163047434

From I-40 east, take exit 281 (Miami Blvd), right onto S Miami Blvd, left onto Angier Ave, right onto Carter Ave, left onto Rowena Ave, and Right onto East End Ave. 

All land qualifies for a 1031 exchange!
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