3332 Alabama AveDurham, NC 27705

This exceptional 5.17-acre assemblage in Durham, NC, presents a rare residential development opportunity. Located near the downtown core and just three miles from Duke University, this property comprises six parcels, including two detached homes and four vacant lots, all zoned RS-8. The site offers flexible development options, ranging from a traditional subdivision to a higher-density cluster concept utilizing accessory dwelling units, maximizing potential yield. Its prime location within a thriving neighborhood with successful recent infill projects ensures strong demand. The property's proximity to downtown Durham and Duke University makes it an attractive investment, with low available inventory in this submarket. The seller is motivated and prepared to accommodate a reasonable due diligence period and transaction timeline, expecting a prospective buyer to outline milestones and deposit dates reflecting the desired timeframe. This assemblage is a unique opportunity for developers seeking a high-value infill project in a desirable Durham location. The property is situated at the intersection of Alabama Avenue and Guess Road, with addresses spanning both streets and encompassing 27705 zip code.