1 Eastern way - Commercial LAND FOR SALE


Durham, NC 27703- Bethesda219,978 SF
$1,250,000 USD
919-646-2455
1 Eastern way, Durham, NC for Sale
$1,250,000 USD
Commercial LAND - FOR SALE
1/17
219,978 SF

1 Eastern way
Durham, NC 27703
Bethesda


HIGHLIGHTS

  • Premier Single-Family Home or BTR Development Opportunity
  • Thriving Raleigh-Durham Economy and #2 Best Places to Live in 2022 (U.S. News & World Best Places to Live).
  • 6,900 new jobs & 14 large-scale economic developments underway and adjacent development
  • Immediate access to the Triangle's major corridors
  • Strategic Central Location- 3 miles to Downtown Durham, 10-minute drive to Duke University and 10 miles to RDU
  • The subject site has access to Durham municipal water & sewer

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$1,250,000 USD

PRICE/ACRE

$247,525/AC

PRICE/SF

$6 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

27 Lot Eastern Durham Infill

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

-

LAND ACRES

5.05 AC

LAND SF

219,978 SF

OFFSITE IMPROVEMENTS

-

ZONING

RU5

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Cory BowesNational Land RealtyMore Info
919-646-2455

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Cory BowesNational Land RealtyMore Info
919-646-2455

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.