515 Dowd Street,Durham, NC 27701
Durham, NC 27701
Description
Use your imagination! This is an exciting opportunity for visionary investors, developers, and entrepreneurs! This property offers approximately 3.54 acres of land just minutes from downtown Durham. The site currently includes 2 attached brick buildings (Finished Square Footage is 53,438 and within this 53,438 Square Footage approximately 29,287 Square Footage is presently used for religious/institutional purposes. With its substantial land area, convenient location, and RU-5(2) residential zoning, this property presents an opportunity to explore a variety of residential redevelopment concepts. Potential development concepts may include: Single-family homes, Duplexes, Townhomes, Detached rowhouses, and Multiplex residential development. Prospective purchasers should independently verify zoning, permitted uses, density, development standards, subdivision requirements, utilities, environmental conditions, access, and all other applicable requirements with the City of Durham and Durham City-County Planning Department. Development potential is subject to governmental approval and site-specific due diligence. YOU DO NOT WANT TO MISS OUT ON THIS OPPORTUNITY! MAKE AN OFFER!
Details
| MLS # | 10187664 |
|---|---|
| Listing Type | For Sale |
| Style | Mixed Use |
| Sub-Type | Resale |
| Status | Active |
| Year | 1940 |
| Days On Site | 16 |
| Listing Provided By | Moore's Realty, Inc. | Jackie Moore |
Features
| SQ Feet | 53,438 |
|---|---|
| Acreage | 3.54 |
Interior
| Heating Yes / No | Yes |
|---|---|
| Cooling Yes / No | Yes |
| Cooling | Central Air, Electric |
Exterior
| Lot Features | None |
|---|---|
| Construction Materials | Brick |
Utilities
| Sewer | Public Sewer |
|---|
Taxes
| Tax Assessed Value | 2180970 |
|---|---|
| Tax Legal Description | Prop-East End School Pl:000053-000089 |
| Tax Year | 2025 |
Area Information
| State | NC |
|---|---|
| County | Durham |
| City | Durham |
| Zip Code | 27701 |
| Area | Durham |
| Listing VS Median (in 27701) | |
Price: $8,000,000 low | high Med: $449,000 sqft: 53,438 low | high Med: 1,635 $ / sqft: $150 low | high Med: $275 On site: 16 low | high Med: 15 | |
Market Activity 27701
Request a showing
Request a showing
Listings marked with a Doorify MLS icon are provided courtesy of the Doorify MLS, of North Carolina, Internet Data Exchange Database. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Copyright 2024 Doorify MLS of North Carolina. All rights reserved.
Contact
Learn More About This Property
| State | NC |
|---|---|
| County | Durham |
| City | Durham |
| Zip Code | 27701 |
| Area | Durham |
| Listing VS Median (in 27701) | |
Price: $8,000,000 low | high Med: $449,000 sqft: 53,438 low | high Med: 1,635 $ / sqft: $150 low | high Med: $275 On site: 16 low | high Med: 15 | |
