613 Craven St - Residential LAND FOR SALE


Durham, NC 27704- Northeast Durham86,684 SF
$750,000 USD
919-213-1595
613 Craven St, Durham, NC for Sale
$750,000 USD
Residential LAND - FOR SALE
1/1
86,684 SF

613 Craven St
Durham, NC 27704
Northeast Durham


HIGHLIGHTS

  • Up to 16 total lots available.
  • Located within Durham city limits.
  • Near major employment and pharmaceutical manufacturing investment in the Durham market.
  • Established neighborhood with ongoing new construction and redevelopment.
  • Potential for additional subdivision and multiple housing types, subject to City approval.
  • Well suited for a builder seeking multiple homesites in one concentrated area.

OVERVIEW

Rare opportunity to acquire a group of residential infill lots within an established Durham neighborhood. The primary offering includes 11 lots for $750,000, consisting of: - Lots 8 and 9 of Block C at 608 Craven Street - Lots 9-14 of Block B at 613 Craven Street - Lots 6-8 of Block B at 702 Martin Street Five additional lots in the estate, lots 1 through 5, are also available for $50,000 each, providing the opportunity to acquire up to 16 total lots. The properties have frontage on paved public roads with utilities available in the area. The surrounding neighborhood was developed primarily in the 1950s and 1960s and has seen continued reinvestment. Older homes and vacant lots are replaced with new construction. The City of Durham may allow additional subdivision and a range of housing types under current development regulations. This offering is well-suited for a builder or developer looking to construct multiple homes within one neighborhood and benefit from Durham's continued growth and employment expansion. See the attached historical survey for additional property details. Buyers should independently verify zoning, subdivision potential, utility capacity, permitted uses, and development requirements.

FOR SALE DETAILS

PRICE

$750,000 USD

PRICE/ACRE

$376,884/AC

PRICE/SF

$9 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

-

LAND ACRES

1.99 AC

LAND SF

86,684 SF

OFFSITE IMPROVEMENTS

-

ZONING

RU-5

APN/PARCEL ID

129762

ASK ABOUT THIS PROPERTY

Rebekah FowlkesJulie Wright Commercial Group, LLCMore Info
919-213-1595

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Rebekah FowlkesJulie Wright Commercial Group, LLCMore Info
919-213-1595

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