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- LoopNet Team
433 Hebron Rd
Durham, NC 27704
Land For Sale · 5.47 AC
Investment Highlights
- 35000 VPD on N Duke St
PROPERTY FACTS
Description
Foundry Commercial is pleased to present approximately 5.5 gross acres of commercial land conveniently located at the corner of Hebron Road and Danube Lane in North Durham, approximately two miles north of Duke Regional Hospital, three miles north of I-85 and Northgate Mall, and five miles north of downtown Durham. The North Durham submarket is rapidly growing due to the convenience to regional employment centers and reasonably priced housing options while providing close access to numerous restaurants, shopping, and retail amenities. The Property is part of the Summer Meadow Development Plan which is zoned to allow for up to 118 multifamily dwelling units and 7,000 square feet of commercial space. Concept plans indicate that 83 apartments and 5,000 square feet of commercial/daycare is the minimum practical yield.
PROPERTY TAXES
| Parcel Number | 177616 | Improvements Assessment | $4,210,920 |
| Land Assessment | $950,000 | Total Assessment | $5,160,920 |
PROPERTY TAXES
zoning
| Zoning Code | PDR 4.69 |
| PDR 4.69 |
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