This is an excellent development opportunity in Durham. This property allows developers and homebuilders to capitalize on an incredibly strong residential sales makrket fueled by a lack of re-sale supply and a general lack of large lot single-family homes. -By-right development allows for large-lot residential with up to two units per acre -Strong resales within nearby Treyburn averaging $684,607 -Well and septic lots with mix of conventional, anaerobic drip, and TSII drip systems -10 minutes/miles to Downtown Durham and Duke University -Close proximity to RTP and Downtown Durham large employers
MLS# | 10085317 |
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Listing Type | For Sale |
Style | Farm or Ranch |
Sub-Type | Resale |
Status | Active |
Days On Site | 22 |
Listing Provided By | MCV Realty, LLC | Bill Marlowe |
Acreage | 1.32 |
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Property View | Yes |
State | NC |
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County | Wake |
City | Durham |
Zip Code | 27712 |
Area | Wake |
Community Name | Northwood Forest |
School District | Durham - Northern |
Elementary School | Durham - Little River |
Middle School | Durham - Lucas |
High School | Durham - Northern |
Listing VS Median (In Northwood Forest) | |
Price: $1,050,000 low | high Med: $352,500 On site: 22 low | high Med: 20.000000 |