5520 Novaglen Road
Durham, NC 27712
1.32 acres | #10085317
Description
This is an excellent development opportunity in Durham. This property allows developers and homebuilders to capitalize on an incredibly strong residential sales makrket fueled by a lack of re-sale supply and a general lack of large lot single-family homes.
-By-right development allows for large-lot residential with up to two units per acre
-Strong resales within nearby Treyburn averaging $684,607
-Well and septic lots with mix of conventional, anaerobic drip, and TSII drip systems
-10 minutes/miles to Downtown Durham and Duke University
-Close proximity to RTP and Downtown Durham large employers
Property Details
- Elementary SchoolDurham - Little River
- High SchoolDurham - Northern
- Utility FeaturesSeptic Available
- SubdivisionNorthwood Forest
- Property SubtypeUnimproved Land
- Middle SchoolDurham - Lucas
- Sewer InformationSeptic Tank
- Utility SourceNeed Well
- Property TypePurchase
- MLS #10085317
- MLS #10085317
- Cost1050000
- Acres1.32
- CountyWake
- Taxes Annual$43
Location
Legal
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Last Updated: . Source: TRIANGLEMLS
Listing Courtesy
Listing Agent: Bill Marlowe (#marlowewil)
Listing Office: MCV Realty, LLC (#T282)
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