Log In/Sign Up
Your email has been sent.
1202 Ellis Rd - Durham Development Land - 1.25 Acres, Rezoned 1.25 Acres of Commercial Land Offered at $825,000 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 | $825,000 | Property Type | Land |
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 1 | Total Lot Size | 1.25 AC |
| Zoning | Rezoned | ||
| Price | $825,000 |
| 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 | $825,000 | Lot Size | 1.25 AC |
| Price Per AC | $660,000.00 |
| Price | $825,000 |
| Price Per AC | $660,000.00 |
| 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.
1 1
Property Taxes
| Parcel Numbers | Improvements Assessment | $272,359 | |
| Land Assessment | $307,800 | Total Assessment | $580,159 |
Property Taxes
Parcel Numbers
Land Assessment
$307,800
Improvements Assessment
$272,359
Total Assessment
$580,159
1 of 9
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
1202 Ellis Rd - Durham Development Land - 1.25 Acres, Rezoned
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.