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Located within 6 miles of Downtown Durham is a 16-acre parcel with excellent development opportunity at an exceptional value. This property is located in Durham County (Durham), North Carolina

Proposed Subdivision Plan in Durham

Durham County, NC · 16.37 +/- AC ($25,657/AC) · $420,000

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All boundary lines noted in pictures, aerials or maps should be considered estimates and not relied on as legal documents or descriptions.

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Proposed Subdivision Plan in Durham in Durham County, NC

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Proposed Subdivision Plan in Durham

    
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Durham County, North Carolina
16.37 +/- Acres ($25,657/acre)
$420,000

Parcel #/ID:  0825-01-28-7978

Located within 6 miles of Downtown Durham is a 16-acre parcel with excellent development opportunity at an exceptional value. Much of the due diligence has already been completed and is awaiting the new buyer. Unapproved proposed site plan offers seven large residential lots with septic. County water lines run adjacent to the property. Over 1,500 feet of paved road frontage on Milton Road with a stub at Running Cedar Trail. A soil reconnaissance study has already been completed on the entire property and is ready for submittal. Electrical and fiber are available.

Superb location with nearby schools, commercial shops, restaurants, major thoroughfares, and recreational opportunities.

13 minutes to I-85, 15 minutes to Duke Hospital, and 25 minutes to RTP. This property makes for a brilliant investment acquisition.

Estimated Acres:

16.37 +/- acres wooded

Legal Description:

PIN 0825-01-28-7978

Property Highlights:

  • A rare investment opportunity with due diligence reports and studies already completed.

  • 6 miles from Downtown Durham, 13 minutes to I-85, 15 minutes to Duke Hospital, and 25 minutes to RTP.

  • Ideal residential development investment with flat topo and paved road frontage for each proposed lot.

  • Zoned RR, Future Land Use (4DU/A.C.) Suburban tier

Taxes:  $1,199/year (2019)

Listing ID#: 1360541

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