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315 Southerland St - 315 Southerland St 1 Acre of Commercial Land Offered at $174,900 in Durham, NC 27703
Investment Highlights
- Attractive brick construction with excellent curb appeal
- Income-producing property with lease already in place
- Engineer drawings show potential for 6–7 additional units
- Ample paved parking and room for expansion
- 2.24-acre site with 1-acre parcel available separately
- Prime Durham location near major thoroughfares and growth corridors
Executive Summary
Included are engineer drawings that outline possibilities for adding 6–7 additional units and expanding parking capacity, making this an ideal candidate for investors seeking value-add opportunities. One acre of the parcel is available for separate purchase or can be combined for a larger footprint, offering flexibility for various strategies.
Property Facts
| Price | $174,900 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 1.00 AC |
| Property Type | Land | ||
| Zoning | LI - Light Industrial | ||
| Price | $174,900 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 1.00 AC |
| Zoning | LI - Light Industrial |
1 Lot Available
Lot
| Price | $174,900 | Lot Size | 1.00 AC |
| Price Per AC | $174,900.00 |
| Price | $174,900 |
| Price Per AC | $174,900.00 |
| Lot Size | 1.00 AC |
Raw land attached to next door property. Available for combined purchase with building and lot.
Description
Great Investment opportunity! Well-maintained brick multi-purpose building on 2.24 acres! 1 acre is being sold separately or can be purchased together. Great curb appeal with ample paved parking lot! Lease already in place, which gives you ton of possibilities! Engineer drawings in hand, which show possibilities of 6-7 MORE UNITS & ADDITIONAL PARKING! Don't miss out on this highly desirable property in Durham! Located in a highly desirable area of Durham, the property benefits from proximity to major employment hubs, vibrant residential neighborhoods, and convenient access to regional highways. This strategic location positions the asset for strong long-term appreciation and diverse use cases, from office or retail to mixed-use development.
Presented by
Keller Williams Commercial
315 Southerland St - 315 Southerland St
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