1402 / 1412 Mineral Springs Road Durham NC 27703, Durham, NC 27703

$2,500,000
Active for Sale
 
Listing ID 11664261
Property Type Commercial
County Durham
Township Durham County
Tax ID 165146, 165145
FEMA Flood Map fema.gov/portal
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+/-10.87 Acre Townhome Development Site – Durham, NC Located at 1412 and 1402 S. Mineral Springs Road: This +/-10.87-acre site is currently in the process of Site Plan Approval with the City of Durham. The Seller intends to deliver the approved site plan, with Construction Drawings to be the responsibility of the Buyer. The proposed development plan features access via Delmar Drive and allows for a 46-unit townhome subdivision, with the following lot configuration: Proposed Lot Breakdown (46 Total Lots)-18 Lots - 30' Wide-26 Lots - 21' Wide-2 Corner Lots - 45' Wide-All Lots - 92' Depth Development Parameters - 8’ Front Yard Setbacks- Corner lots include an additional 8’ setback along the applicable roadway- 35’ Height Restriction Located in a prime Durham growth corridor, this site presents an excellent opportunity for a builder or developer seeking an infill or near-infill townhome project in a strong market. Please call today with any questions or to discuss this opportunity further.
Property Details
  • 10.78 Acres
Commercial Info
  • % Cap. Rate
Listed By
National Land Realty, Raleigh, NC
Office: 336-944-7075
Mobile: 336-944-7075
National Land Realty, Raleigh, NC
Office: 919-740-1320
Mobile: 919-740-1320
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