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1011 Andrews Rd
Durham, NC 27705
Land For Sale
·
3.81 AC
Investment Highlights
- ±3.81-acre residential development opportunity
- Approximately 1 mile from Duke University and Duke Medical Center
- Zoning supports townhouse development
- Convenient access to US-15/501, NC-147, and I-85
Executive Summary
- Site Area: ±3.81 acres (2 parcels)
- Zoning: OI(D) and RS-10
- Proposed Use: Townhomes
- Frontage: Andrews Road
- Asking Price: Contact Broker
- Ownership exploring sale and/or joint venture opportunity
- Zoning: OI(D) and RS-10
- Proposed Use: Townhomes
- Frontage: Andrews Road
- Asking Price: Contact Broker
- Ownership exploring sale and/or joint venture opportunity
Property Facts
| Sale Type | Investment | Proposed Use | Multifamily |
| No. Lots | 1 | Total Lot Size | 3.81 AC |
| Property Type | Land | Cross Streets | Hwy. 15-501 & 147 |
| Property Subtype | Residential | ||
| Zoning | OI(D) and RS-10 - Office/Industrial and Residential Suburban | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Multifamily |
| Total Lot Size | 3.81 AC |
| Cross Streets | Hwy. 15-501 & 147 |
| Zoning | OI(D) and RS-10 - Office/Industrial and Residential Suburban |
1 Lot Available
Lot
| Price | $3,558,698 CAD | Lot Size | 3.81 AC |
| Price Per AC | $934,041.44 CAD |
| Price | $3,558,698 CAD |
| Price Per AC | $934,041.44 CAD |
| Lot Size | 3.81 AC |
±3.81-acre residential development site along Andrews Road in Durham, NC. Well-located near US-15/501 and NC-147, approximately one mile from Duke University, Duke Hospital and Duke VA Medical Center.
Description
The two-parcel property consists of ±3.81 acres located along Andrews Road in Durham, approximately one mile from Duke University, Duke Hospital and Duke VA Medical Center. Zoned OI(D) and RS-10, the site allows for townhouse development and is positioned near US-15/501 and NC-147 within a strong residential demand corridor driven by nearby medical and university employment.
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 CAD | |
| Land Assessment | $1,627,295 CAD | Total Assessment | $1,627,295 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$1,627,295 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,627,295 CAD
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