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1202 Ellis Rd - Durham Development Land - 1.25 Acres, Rezoned 1.25 Acres of Commercial Land Offered at $1,127,816 CAD in Durham, NC 27703
Investment Highlights
- Fresh City Council rezoning enabling a 20-unit residential plan
- Minutes to Downtown Durham and RTP employment hubs
- Shovel-ready development site ideal for rapid investor returns
- Prime 1.25-acre corner lot at Ellis & Riddle, high-visibility location
- Engineer-verified duplex build schedule: 2 every 2 months
Executive Summary
Fresh City Council rezoning enabling a 20-unit residential plan
Prime 1.25-acre corner lot at Ellis & Riddle, high-visibility location
Minutes to Downtown Durham and RTP employment hubs
Engineer-verified duplex build schedule: 2 every 2 months
Shovel-ready development site ideal for rapid investor returns
Prime 1.25-acre corner lot at Ellis & Riddle, high-visibility location
Minutes to Downtown Durham and RTP employment hubs
Engineer-verified duplex build schedule: 2 every 2 months
Shovel-ready development site ideal for rapid investor returns
Property Facts
| Price | $1,127,816 CAD | Property Type | Land |
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 1 | Total Lot Size | 1.25 AC |
| Zoning | Rezoned | ||
| Price | $1,127,816 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 1.25 AC |
| Zoning | Rezoned |
1 Lot Available
Lot
| Price | $1,127,816 CAD | Lot Size | 1.25 AC |
| Price Per AC | $902,253.03 CAD |
| Price | $1,127,816 CAD |
| Price Per AC | $902,253.03 CAD |
| Lot Size | 1.25 AC |
Prime corner of Ellis & Riddle, just minutes from Downtown Durham and RTP with quick access to major roads, jobs, and growing neighborhoods.
Description
City Council just rezoned this prime 1.25-acre corner at Ellis & Riddle, an explosive for-sale development chance minutes from Downtown Durham and RTP. Engineer confirms duplex builds can launch two at a time every two months. With approved plans for 20 residences, this site is positioned for rapid output and maximum return. High-demand land like this disappears fast, serious investors must act immediately.
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Property Taxes
| Parcel Numbers | Improvements Assessment | $369,128 CAD | |
| Land Assessment | $417,161 CAD | Total Assessment | $786,289 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$417,161 CAD
Improvements Assessment
$369,128 CAD
Total Assessment
$786,289 CAD
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1202 Ellis Rd - Durham Development Land - 1.25 Acres, Rezoned
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