Investment Overview
Incredible development opportunity totaling ±27.22 acres near downtown Durham. Ideally positioned with frontage along US Hwy 70 and close proximity to NC 147 and Research Triangle Park.
Investment Highlights
- Acreage: ±27.22 acres assemblage of 3 parcels
- Parcels: 0840386490, 0840376685, & 0840379671
- Zoning: Existing PDR zoning permits max density of 12.67 units/acre for a total of 320 units
- Price: $8,505,000 ($309,385.00/acre)
- Traffic Count: 45,500 Annual Average Daily Traffic