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Land For Sale • 0.51 AC
The site’s location within the Urban Development Tier eliminates parking minimums and supports higher-density residential uses. With proximity to downtown Durham, major employment centers, and transit corridors, the property is ideally situated for infill development. The feasibility study recommends rezoning the Lee Street parcel to RU-M to unify zoning across the site, enhancing development flexibility. Due diligence items such as stormwater management, utility access, and right-of-way improvements have been preliminarily addressed, with no known riparian buffers or floodplain issues. The site is well-positioned for developers seeking to deliver attainable housing in a high-demand market.
| Four contiguous parcels totaling over half an acre in Durham’s Urban Tier |
| Two existing duplexes fully leased, generating immediate income |
| Feasibility study supports 18-unit apartment or 12-unit condo development |
| Eligible for Durham’s Affordable Housing Bonus for increased density |
| No off-street parking required under current zoning standards |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| Durham Amtrak Station (Carolinian - Amtrak, Piedmont - Amtrak) | 4 min | - | 1.6 mi |
| Airport | Drive | Walk | Distance |
| Raleigh-Durham International | 22 min | - | 13.3 mi |
Aaron Moon
Carolina Moon Realty
Aaron Moon
Carolina Moon Realty
