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3431 Carr Rd
Durham, NC 27703
Carr Road Assemblage · Land For Sale
·
3.99 AC


Investment Highlights
- ±3.99-acre residential development opportunity
- Located in eastern Durham near Downtown Durham and RTP
- Convenient access to I-885, US-70 and NC-98
- Well-suited for apartment or townhome development
Executive Summary
Property Facts
| Sale Type | Investment | Property Subtype | Residential |
| No. Lots | 1 | Proposed Use | Multifamily |
| Property Type | Land | Total Lot Size | 3.99 AC |
| Zoning | R-8 - Residential Suburban - 8 | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Multifamily |
| Total Lot Size | 3.99 AC |
| Zoning | R-8 - Residential Suburban - 8 |
1 Lot Available
Lot
| Price | $1,200,000 | Lot Size | 3.99 AC |
| Price Per AC | $300,751.88 |
| Price | $1,200,000 |
| Price Per AC | $300,751.88 |
| Lot Size | 3.99 AC |
±3.99-acre residential development opportunity in eastern Durham with convenient access to I-885, US-70 and NC-98. The site is well-suited for apartment or townhome development and is positioned within a growing residential corridor near Downtown Dur
Description
Located in eastern Durham, the Carr Road Assemblage offers a rare opportunity to acquire ±3.99 acres positioned for future residential growth. The property benefits from strong connectivity to I-885, US-70 and NC-98, providing convenient access to Downtown Durham, RTP and surrounding employment hubs. Surrounded by expanding residential development and nearby retail amenities, the site is well-positioned for apartment or townhome development within one of the Triangle’s most active growth corridors.
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $241,091 | Total Assessment | $241,091 |
