Durham Land Opportunity – 1.05 Acres
Opportunity to acquire approximately 1.05 acres / 45,738 SF of residentially zoned land at 2748 Ferrell Rd, Durham, NC 27704.
The property is zoned RS-20 and sits in an established residential area with continued development and investor activity nearby. Recent improved residential sales within roughly half a mile include homes selling from approximately $320,000 to $390,000+, demonstrating strong surrounding residential values.
Asking Price: $54,900
This could be a fit for a builder, land investor, or buy-and-hold buyer looking for a larger residential parcel in the Durham market.
Buyer Terms:
Cash or private money preferred. Buyer to perform all independent due diligence regarding zoning, utilities, soil/perk, subdivision potential, access, setbacks and buildability.
Buyer pays all closing costs.
For additional information or to submit an offer:
Mark Rodriguez
Joint Venture Properties LLC
480-251-8684
mark@jointventure-properties.com