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1202 Ellis Rd - Durham Development Land - 1.25 Acres, Rezoned 1.25 Acres of Commercial Land Offered at $1,151,634 CAD in Durham, NC 27703

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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

PROPERTY FACTS

Price $1,151,634 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 $1,151,634 CAD
Price Per AC $921,307.23 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.

  • Listing ID: 38508590

  • Date on Market: 2025-11-19

  • Last Updated:

  • Address: 1202 Ellis Rd, Durham, NC 27703

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