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6208 Craig
66.29 Acres of Residential Land Offered at $3,950,000 in Durham, NC 27705
Investment Highlights
- Good soil for residential subdivision
- well located along the Durham and Orange County line allowing for easy access to downtown Durham/Duke, downtown Hillsborough and the campus of UNC-CH
- RR EB - nice lay of land for homesites
Executive Summary
Taxes & Operating Expenses (Actual - 2023) |
Annual | Annual Per AC |
|---|---|---|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$275,700
|
$4,159.00
|
Taxes & Operating Expenses (Actual - 2023)
| Taxes | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Total Expenses | |
|---|---|
| Annual | $275,700 |
| Annual Per AC | $4,159.00 |
Property Facts Under Contract
| Price | $3,950,000 | Property Type | Land |
| Sale Type | Owner User | Property Subtype | Residential |
| Sale Conditions | Build to Suit | Total Lot Size | 66.29 AC |
| No. Lots | 1 |
| Price | $3,950,000 |
| Sale Type | Owner User |
| Sale Conditions | Build to Suit |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Total Lot Size | 66.29 AC |
1 Lot Available
Lot 6
| Price | $3,950,000 | Lot Size | 66.29 AC |
| Price Per AC | $59,587 |
| Price | $3,950,000 |
| Price Per AC | $59,587 |
| Lot Size | 66.29 AC |
Prop-Garrard S H/Lt#06; Parcel ID: 184655
Description
Soils map shows good soils for residential subdivision. Timber roads in to 3 high areas showing good lay of land for nice homesites - RR EB Suburban zoning allows density of 1 house per acre, minus roads, setbacks, creek buffer, etc. There will be deferred taxes if the purpose of the land changes from farm use. See attached Soils Report and Schematic. See Exhibit A - 2005 Survey. See Exhibit B - Additional Information. A small portion of property is in flood plain. Acreage is wooded and undisturbed. Private water system to the south. This site is located in Durham County, adjacent to the Orange Co. line. (see sale notes for location to major amenities in Durham, Hillsborough and Chapel Hill.
PROPERTY TAXES
| Parcel Number | 184655 | Improvements Assessment | $0 (2024) |
| Land Assessment | $535,843 (2024) | Total Assessment | $535,843 (2024) |
PROPERTY TAXES
zoning
| Zoning Code | RR (Rural Residential) |
| RR (Rural Residential) |
Presented by
6208 Craig
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