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3332 Alabama Ave - Alabama Avenue-Guess Road-Durham Assemblage 5.17 Acres of Residential Land Offered at $1,600,000 in Durham, NC 27705

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EXECUTIVE SUMMARY

Infill assemblage consisting of 6 parcels, 2 detached homes and 4 empty lots
totaling approximately 5.17 acres. Rare development site within 5 miles of
Downtown Durham. Ideal for Townhome development from the existing 6 lot
configuration to 20+ building sites. This infill site is well located and there have been
several successful new construction infill projects within the neighborhood.
Property Highlights:
- Flexible Infill Development Opportunity
- Low available inventory within submarket, with strong upward demand
- Within 3 miles of Duke and 5 miles of Downtown Durham
- Numerous development options with current zoning tier

PROPERTY FACTS Under Contract

Price $1,600,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use
Master Planned Community
  • Single Family Development
Total Lot Size 5.17 AC

1 LOT AVAILABLE

Lot

Price $1,600,000
Price Per AC $309,477.76
Lot Size 5.17 AC

Assemblage consisting of 6 parcels, 2 detached homes and 4 empty lots totaling approximately 5.17 Acres. Rare development site within 5 miles of Downtown Durham.

  • Listing ID: 29931245

  • Date on Market: 10/31/2023

  • Last Updated:

  • Address: 3332 Alabama Ave, Durham, NC 27705

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