29.28± acres assembled across four parcels in Durham with Future Land Use designation supporting residential development.
Future Land Use:
• RX-3 (9.23± acres) – supports ~70 units per acre
• R-D (20.29± acres) – supports ~8 units per acre
• CN (0.32± acres)
Zoned IL & OI by-right today, providing optionality during entitlement strategy.
Eligible for HUD 2026 Small DDA/QCT 30% Basis Boost:
• Increases LIHTC eligible basis by 30%
• Enhances total tax credit allocation
• Improves IRR and DSCR
• Reduces gap financing
• Strengthens 9% application competitiveness
• Supports workforce and affordable housing execution
Utilities:
• Durham County sewer adjacent (2 connection points)
• Water nearby
• Heavy power available
Access:
Immediate proximity to I-40, Hwy 540, Hwy 70 and RDU Airport.
Location:
Minutes to Brier Creek Commons, Top Golf, RTP and major employment corridors.
This offering presents a strong residential transition opportunity aligned with municipal planning direction.