Listed by SVN | Real Estate Associates
$989,000
SW Durham Development Opportunity
Details
APN 153034
Property Type Land, Office
Sub Type Commercial
Acreage 0.860
Zoning OI (Office Institutional)
Land | 0.86 acres
Marketing description
The property currently operates as an income-producing office with straightforward redevelopment potential. In-place income provides a solid placeholder while future redevelopment plans are evaluated.
Located in the highly-trafficked The Streets at Southpoint area on NC-54, parallel to I-40 between Fayetteville Rd and Hwy 55. The property is surrounded by residential communities and sits across from a preschool and a new multifamily development.
A signalized intersection one block east of the property serves as the main entrance to Parkwood, a classic Durham planned community with 3,500+ residents.
Listing Contacts
Listed by SVN | Real Estate Associates
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