Land • Sold
- Best Uses: Affordable Housing, apartments, senior housing, church, school.
- Utilities: Public water on Sherron Road. Public sewer on Sherron Road and Wake Forest Highway. Natural gas line adjacent.
- Topography: Northwest portion gently slopes down to creek running through property. Southeast portion rises from creek toward Sherron Road.
- Comments: Affordable housing, apartment or senior housing use would require rezoning and future land use change.
$1,070,000
Location: High traffic and density area in Southwest corner of the intersection of Wake Forest Highway (NC 98) and Sherron Road adjacent to Walgreens. Across from Ravenstone Shopping Center and CVS.
Features
Attachments
Property Details
- Best UseCommercial, Residential
- SF702,318 sf
- Acres16.12 acres
- ZoningRR, RS-20, CN(D)
- Permitted UseCommercial, Residential
- Attachments
Listing Details
- List Price$1,070,000
- Analysis
$1,070,000 / 16.123 acres = $66,365 per acre
$1,070,000 / 702,318 SF = $1.52 per SF
- AddressWake Forest Hwy, Durham, NC 27703
- CityDurham
- CountyDurham
- Parcel #166255, 166253, 166267, 200944
- Listing Agent(s)
- StatusClosed
- Closed Date10/18/2022
- Data SourcePickett Sprouse Commercial Real Estate
- Listing ID5064
Information deemed reliable but not guaranteed to be accurate. © Pickett Sprouse Commercial Real Estate. All rights reserved.