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1011 Andrews Rd
Durham, NC 27705
Land For Sale
·
3.81 AC
PROPERTY FACTS
| Property Type | Land | Total Lot Size | 3.81 AC |
| Property Subtype | Residential | Cross Streets | Hwy. 15-501 & 147 |
| Proposed Use | Multifamily | ||
| Zoning | OI(D) and RS-10 - Office/Industrial and Residential Suburban | ||
| 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 |
DESCRIPTION
Real Estate Associates is pleased to present this 3.81 acre tract for sale. This property sits at the intersection of two of the most highly-travelled highways in the Triangle area, US 15-501 and NC-147, with easy access to Interstate 85 and Highway 70. The tract is approximately one mile from Duke University Medical Center, the only medical facility in the southeast ranked among the top 10 best hospitals in the United States. Its close proximity to Duke makes this property the ideal location for medical office development. Duke University ranks consistently as one of the largest employers (top 5) in North Carolina. A development plan showing 42,000 square feet of office space was approved by the City of Durham several years ago. The site can be accessed from Andrews Rd., which is located off of Morreene Rd. Located between the intersection of Hwy 15-501 and Hwy 147 and 15-501 and Morreene Rd. To access, exit off of Hwy 15-501 onto Morreene Rd. Head north on Morreene, take an immediate right on Andrews Rd. and land is on the right.
PROPERTY TAXES
| Parcel Number | 124749 | Improvements Assessment | $0 |
| Land Assessment | $1,149,390 | Total Assessment | $1,149,390 |
PROPERTY TAXES
