1.15 acre site in Durham, across from Croasdaile Country Club. With a 1-mile median household income above $110,000 and new-construction homes in Croasdaile ranging from $1m to $3m, this affluent location is prime for residential redevelopment. The site is located within a five-minute drive of Downtown Durham and Duke University in addition to multiple retail, dining, and entertainment options. Additionally, the site offers immediate access to I-85, connecting residents with ease to the greater Raleigh-Durham-Chapel Hill and Research Triangle Park employment centers. The offering consists of three parcels at 1513, 1515, and 1519 Cole Mill Road and includes three rental homes that are leased for a combined $2,950 per month.
| MLS # | 10148593 |
|---|---|
| Listing Type | For Lease |
| Status | Active |
| Days On Site | 189 |
| Listing Provided By | Deaton Investment Real Estate | Thomas Furlow |
| Zoning | R-20 |
|---|---|
| Acreage | 1.15 |
| Utilities | Electricity Available, Natural Gas Available, Sewer Available, Water Available |
|---|---|
| Sewer | Public Sewer |
| Tax Assessed Value | 537694 |
|---|---|
| Tax Legal Description | Prop-Cole E J/Lt#21-22 Pl:00006A-000083 |
| Tax Year | 2025 |
| Tax Map Number | 21-22 |
| State | NC |
|---|---|
| County | Durham |
| City | Durham |
| Zip Code | 27705 |
| Area | Durham |
| Community Name | Not in a Subdivision |
| School District | Durham - Riverside High |
| Elementary School | Durham - Hillandale Elementary |
| High School | Durham - Riverside High |
| Listing VS Median (in Not in a Subdivision) | |
Price: $475,000 low | high Med: $395,000 On site: 189 low | high Med: 131 | |
| State | NC |
|---|---|
| County | Durham |
| City | Durham |
| Zip Code | 27705 |
| Area | Durham |
| Community Name | Not in a Subdivision |
| School District | Durham - Riverside High |
| Elementary School | Durham - Hillandale Elementary |
| High School | Durham - Riverside High |
| Listing VS Median (in Not in a Subdivision) | |
Price: $475,000 low | high Med: $395,000 On site: 189 low | high Med: 131 | |
![]() | $770,00032 Chippers WayDurham, NC 27705 |