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8200 NC-751 - 9.88 Acre Apartment Site 9.88 Acres of Commercial Land Offered at $7,150,000 in Durham, NC 27713
Executive Summary
Massive 9.88+ acre apartment site located on Highway 751 just 1/2 mile South of I-40 and The Streets at Southpoint, under 15 minutes to Research Triangle Park, downtown Durham, downtown Chapel Hill and RDU International Airport. Durham's 2023 Comprehensive Plan designates the property for Mixed Residential Neighborhood. This land use type includes apartments, and neighboring parcels have been approved for 29+ dwelling units per acre. Refer to listing photos for information regarding land use and location of public utilities. Sellers will entertain offers on standard form 580L-T, proof of funds must accompany any offer. Contact listing agent with questions.
Property Facts
| Price | $7,150,000 | Property Type | Land |
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 1 | Total Lot Size | 9.88 AC |
| Zoning | RR - Rural Residential | ||
| Price | $7,150,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 9.88 AC |
| Zoning | RR - Rural Residential |
1 Lot Available
Lot
| Price | $7,150,000 | Lot Size | 9.88 AC |
| Price Per AC | $723,684.21 |
| Price | $7,150,000 |
| Price Per AC | $723,684.21 |
| Lot Size | 9.88 AC |
Fairly walkable
40/100
Exceptionally drivable
100/100
Minimal public transit
10/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $642,712 | |
| Land Assessment | $644,800 | Total Assessment | $1,287,512 |
Property Taxes
Parcel Numbers
Land Assessment
$644,800
Improvements Assessment
$642,712
Total Assessment
$1,287,512
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8200 NC-751 - 9.88 Acre Apartment Site