1.16-Acre Development Opportunity in Durham, NC – Prime Location for Builders and Investors

Located in the desirable Cedar Hills subdivision of Durham, this 1.16-acre property offers an appealing opportunity for buyers, investors, or builders. The wooded lot provides privacy while its size and location create several possibilities for future development. The property also benefits from existing public water and sewer connections, making future planning more convenient.

The existing home was built in 1982 and is a 1,444-square-foot, single-story ranch with four bedrooms and two full bathrooms. However, it is considered a major fixer-upper, meaning a buyer may choose between extensive renovation and removing the structure entirely. The lot’s irregular dimensions could also allow for creative site planning depending on local regulations.

The property is conveniently located near downtown Durham, offering access to restaurants, entertainment, cultural attractions, parks, and other amenities. Major highways and Raleigh-Durham International Airport are also within convenient reach. Durham’s growing economy and proximity to research, education, and technology centers add to the property’s potential appeal for long-term investors.

The parcel is zoned R-8, with buyers advised to confirm permitted uses and redevelopment possibilities with local authorities. Potential plans could include **new single-family construction**, **multifamily redevelopment**, or simply holding the land as a long-term investment. The mature trees may also be incorporated into a future design to preserve privacy and character.

The property has a tax-assessed value of $304,411, with annual taxes of approximately $3,017. Because the home requires significant work, buyers should conduct inspections, verify zoning, and carefully evaluate development costs before making a decision. With its relatively large lot, established location, and redevelopment possibilities, the property offers a flexible opportunity in a growing Durham market.

n i

Related Posts

Timeless Tool, Modern Kitchen

At first glance, this old-fashioned meatball maker may seem like a simple kitchen gadget. But the first time you use it, its usefulness becomes clear. Solid and…

This morning, I stepped out onto the porch to get some fresh air and discovered this. Honestly, at first, I was really scared.

For a long moment, the world shrank to that single spot on the porch. The bundle of fur looked almost alive, as if it might suddenly uncurl…

Why Do Some People Keep One Fingernail Long? The Surprising Reasons Behind the Habit

It’s not uncommon to notice someone—often a man—with one fingernail noticeably longer than the others. While it may look unusual at first, this habit has existed for…

Four Years Of Saturdays In August Heat And October Cold For A Man Who Only Ever Pointed At The Side Yard

Elias opened the envelope while two hundred people watched. Inside was a letter written in Harold’s shaky handwriting and a single brass key. Harold had left his…

I Surprised My Grandfather with the Dream Trip to Hawaii On Our Last Day There, the Hotel Manager Said, We ve Been Looking for Your Grandfather for More than 80 Years

I thought taking Grandpa Henry back to Hawaii would give him one last beautiful memory. Instead, the trip uncovered a secret our family had carried unknowingly for…

10 Things You Shouldn’t Be Storing on Your Kitchen Countertop

When I first organized my kitchen, I thought keeping everything on the countertops would make cooking easier. Instead, the counters became crowded and difficult to clean. Removing…

Leave a Reply

Your email address will not be published. Required fields are marked *