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29053276
29053277

2300 E Geer St, Durham, NC 27704 For Sale

Lee & Associates - Raleigh Durham
Listed by Lee & Associates - Raleigh Durham
$4,160,000
200 days on market
Updated 50 days ago

2300 E Geer St

Details
APN 0842684325, 0842688359
Property Type Land
Sub Type Residential
Acreage 8.220

Land | 8.22 acres

Marketing description

Located at 2300 E Geer Street in Durham, North Carolina, this ±8.22-acre development site consists of two contiguous parcels within Durham County and benefits from approved site plan entitlements for a 208-unit multifamily community. The approved plan allows for a four-story residential product, offering investors and developers a rare opportunity to advance a fully entitled project in a growing East Durham corridor.

The property fronts E Geer Street, a key east–west thoroughfare providing convenient access to Downtown Durham and nearby employment centers. The area is characterized by strong residential growth, expanding commercial activity, and proximity to major transportation routes serving the greater Research Triangle region.

Investment highlights

  • ±8.22 acres across two contiguous parcels

    • PIN 0842684325: 5.34 acres (2300 E Geer St.)

    • PIN 0842688359: 2.88 acres (2240 E Geer St.)

  • Approved Site Plan for 208 Multifamily Units

  • Four-Story Residential Product

  • 24 Affordable Units at 60% AMI

  • Durham County location in an active growth corridor

  • Public water and sewer available

  • Surrounded by residential neighborhoods and infill development

  • Convenient access to Downtown Durham and major regional routes

  • SALE PRICE: $4,160,000

Listing Contacts

Lee & Associates - Raleigh Durham
Listed by Lee & Associates - Raleigh Durham

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