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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

±3.99-acre residential development opportunity in eastern Durham with convenient access to I-885, US-70 and NC-98. The property is well-suited for apartment or townhome development and benefits from a Mixed Residential Neighborhood future land use designation. Located near Downtown Durham, RTP and major employment centers, the site is positioned within a rapidly growing residential corridor.

Property Facts

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
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

Property Taxes

Parcel Numbers
Multiple
  • 131232
  • 131234
  • 131251
Land Assessment
$241,091
Improvements Assessment
$0
Total Assessment
$241,091
  • Listing ID: 40426793

  • Date on Market: 5/6/2026

  • Last Updated:

  • Address: 3431 Carr Rd, Durham, NC 27703

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