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$500,000
Active1513 Cole Mill Road
Durham, NC 27705
1.15
Acres
142
Days on Market
10148593
MLS#
Land
Structure
Residential
Zone
1.15 acre site in Durham, across from Croasdaile Country Club. With a 1-mile median household income above $110,000 and new-construction homes in Croasdaile ranging from $1m to $3m, this affluent location is prime for residential redevelopment. The site is located within a five-minute drive of Downtown Durham and Duke University in addition to multiple retail, dining, and entertainment options. Additionally, the site offers immediate access to I-85, connecting residents with ease to the greater Raleigh-Durham-Chapel Hill and Research Triangle Park employment centers. The offering consists of three parcels at 1513, 1515, and 1519 Cole Mill Road and includes three rental homes that are leased for a combined $2,950 per month.
Property Details
- Acres
- 1.15
- Property Type
- Purchase
- Sewer Information
- Public Sewer
- Utility Source
- Public
- Utility Features
- Electricity Available, Natural Gas Available, Sewer Available, Water Available
- Subdivision
- Not in a Subdivision
- Elementary School
- Durham - Hillandale Elementary
- Middle School
- Durham - George L Carrington Middle
- High School
- Durham - Riverside High
- County
- Durham
- Zoning
- R-20
- Taxes Annual
- $6,010
- MLS #
- 10148593
- Property Subtype
- Unimproved Land
- MLS #
- 10148593
- Address
- 1513 Cole Mill Road
Location
Legal
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Provided By
Listed by Thomas Furlow (#90367)
Listing Office: Deaton Investment Real Estate (#3162)