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2207 Hamlin Road - 39 Acres inside Durham's Urban Growth Boundar 39 Acres of Commercial Land Offered at $6,800,000 in Durham, NC 27704
INVESTMENT HIGHLIGHTS
- 39 acres with gentle topography and over 1,500 linear feet of frontage on Hamlin Rd.
- Property is adjacent to Duke Energy substation, Eno Industrial Park, Durham Public Schools Bus Depot and Army Corps of Engineers.
- Property is 2,700 feet from the new Welcome Venture Industrial Park.
- Water line located in Hamlin Rd. Gravity sewer line located on Industrial Drive.
- Property is 3,600 feet from the Northern Durham Parkway connecting Interstate 540 with US 501.
EXECUTIVE SUMMARY
Stunning and vast 39 acre parcel on Hamlin Road. Property is located within urban growth boundary for City of Durham and is very near the corridor for the Northern Durham Parkway providing connection between I-540 and US 501. Parcel has more than 1,500 feet of frontage on Hamlin Road and with it's gentle topography the property is well suited for a variety of uses. See photos. All neighboring properties have institutional owners including Eno Industrial Park, Welcome Venture Industrial Park, Durham County Public Schools Bus depot, Duke Energy Substation, Duke Energy high voltage line, and Army Corps of Engineers. Fiber Optic Cable, Natural Gas Line, and Public Water Line located in Hamlin Rd. Duke energy distribution lines on site and parcel shares property line with substation. Seller will entertain offers on standard form 580L-T, proof of funds should accompany all offers. Contact listing agent with any questions.
PROPERTY FACTS
| Price | $6,800,000 | Property Subtype | Commercial |
| Sale Type | Investment or Owner User | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 39.00 AC |
| Property Type | Land | ||
| Zoning | IL and RR - Light Industrial and Residential | ||
| Price | $6,800,000 |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 39.00 AC |
| Zoning | IL and RR - Light Industrial and Residential |
1 LOT AVAILABLE
Lot
| Price | $6,800,000 | Lot Size | 39.00 AC |
| Price Per AC | $174,358.97 |
| Price | $6,800,000 |
| Price Per AC | $174,358.97 |
| Lot Size | 39.00 AC |
39 acres, flat topography, with over 1,500 ft of frontage on Hamlin Rd. Water line & fiber optic cable in Hamlin Rd. Gravity sewer line on Industrial Drive.
DESCRIPTION
Wide range of potential uses, all neighboring properties are industrial or federally owned.
PROPERTY TAXES
| Parcel Number | 169166 | Improvements Assessment | $36,117 |
| Land Assessment | $924,354 | Total Assessment | $960,471 |
PROPERTY TAXES
Parcel Number
169166
Land Assessment
$924,354
Improvements Assessment
$36,117
Total Assessment
$960,471
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2207 Hamlin Road - 39 Acres inside Durham's Urban Growth Boundar
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