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782 Martin Luther King Jr. Pky 10.58 Acres of Commercial Land Offered at $600,000 in Durham, NC 27713
INVESTMENT HIGHLIGHTS
- Zoning: PDR (Planned Development Residential) - ready for residential development
EXECUTIVE SUMMARY
Exceptional residential development site strategically located northwest of the Fayetteville Road and Martin Luther King Jr. Parkway intersection in Durham's thriving South Durham submarket. This 10.58 acre parcel (460,865 SF) offers significant potential for builders and developers seeking a well-positioned property in one of the Triangle's most dynamic growth corridors.
Ideally situated near shopping, dining, employment centers, and major transportation routes, this property presents a compelling opportunity for residential subdivision, townhome development, or mixed-density housing. South Durham continues to experience strong demand driven by proximity to Research Triangle Park, Duke University, and the region's robust job market.
Contact us today to explore the potential of this premier development site.
PDR Zoning Explanation: https://www.engagedurham.com/DocumentCenter/View/650/PDR-Explainer-Fall-2024
Durham UDO: Unified Development Ordinance: https://udo.durhamnc.gov/udo/Home.htm
Durham Comprehensive Plan: https://www.engagedurham.com/DocumentCenter/View/599/Durham-Comprehensive-Plan_Adopted_October2023
Ideally situated near shopping, dining, employment centers, and major transportation routes, this property presents a compelling opportunity for residential subdivision, townhome development, or mixed-density housing. South Durham continues to experience strong demand driven by proximity to Research Triangle Park, Duke University, and the region's robust job market.
Contact us today to explore the potential of this premier development site.
PDR Zoning Explanation: https://www.engagedurham.com/DocumentCenter/View/650/PDR-Explainer-Fall-2024
Durham UDO: Unified Development Ordinance: https://udo.durhamnc.gov/udo/Home.htm
Durham Comprehensive Plan: https://www.engagedurham.com/DocumentCenter/View/599/Durham-Comprehensive-Plan_Adopted_October2023
PROPERTY FACTS
| Price | $600,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 10.58 AC |
| Property Type | Land | ||
| Zoning | Residential - Residential | ||
| Price | $600,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 10.58 AC |
| Zoning | Residential - Residential |
1 LOT AVAILABLE
Lot
| Price | $600,000 | Lot Size | 10.58 AC |
| Price Per AC | $56,710.78 |
| Price | $600,000 |
| Price Per AC | $56,710.78 |
| Lot Size | 10.58 AC |
Land for sale
1 1
PROPERTY TAXES
| Parcel Number | 146696 | Improvements Assessment | $0 |
| Land Assessment | $347,400 | Total Assessment | $347,400 |
PROPERTY TAXES
Parcel Number
146696
Land Assessment
$347,400
Improvements Assessment
$0
Total Assessment
$347,400
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782 Martin Luther King Jr. Pky
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