1502 Old Oxford RdDurham, NC 27704

For Sale
$1,777,500
11.85 Acres, High-Density Potential

Overview

Added:
Dec 11, 2024
Days on market:
126
This exceptional 11.85-acre land parcel presents a unique investment opportunity in Durham, North Carolina. Situated at the signalized intersection of Old Oxford and Hebron Roads, this property boasts a favorable, gently sloping topography and is ideally located adjacent to the new Welcome Venture Park. The site is zoned RS-20 & RR, permitting both high-density residential and light industrial development, making it highly versatile. Public water and sewer services are readily available nearby. The property offers convenient access to major transportation arteries, including Highway 70/I-85, with direct access to Old Oxford Road and the planned North Durham Parkway. While a 120-foot wide dedication is required for the potential expansion of the North Durham Parkway, this strategic location ensures significant future growth potential. The asking price for this prime development land is $1,777,500. The property's APN is 177741, and its address is 1502 Old Oxford Rd, Durham, NC 27704. This is a rare chance to acquire a substantial tract of land in a rapidly developing area with excellent infrastructure and access. The property's size and zoning make it suitable for a variety of development projects, promising strong returns for the discerning investor.

Highlights

  • Signalized intersection of Old Oxford and Hebron Roads.
  • Gently sloping topography.
  • Public water and sewer available.
  • Easy access to Hwy 70/I-85, Old Oxford Rd, and future N. Durham Parkway.
  • 120' wide dedication required for potential N. Durham Parkway expansion.

Property Details for 1502 Old Oxford Rd

Property type
Land, Industrial properties
Lot Size (sq. ft)
516,186 SF

Location Insight

City
Durham
County
Durham
State
North Carolina
Latitude
36.05897766
Longitude
-78.86865597
1502 Old Oxford Rd, Durham, North Carolina

FAQs

What type of property is this?
Land - 11.85 Acres, High-Density Potential
Where is the land located?
The property is located at 1502 Old Oxford Rd Durham, NC.
What is the asking price?
The asking price for this property is $1,777,500.
What are key features of this property?
This property features: Signalized intersection of Old Oxford and Hebron Roads.; Gently sloping topography.; Public water and sewer available.
How can I contact the broker?
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1502 Old Oxford Rd
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