1564 Coley RdDurham, NC 27703

Property Details for 1564 Coley Rd

Lot size

40.47 AC

Property type

Land

Property subtype

Farms

Description

This exceptional 40.47-acre property, located at 1564 Coley Road in Durham County, North Carolina, presents a unique investment opportunity. Situated in southeastern Durham County near NC Hwy 98, this land boasts a desirable Rural Residential (RR) zoning designation. The parcel number is 194926. The asking price is $2,630,550, translating to a land value of $65,000 per acre. The property's zoning allows for both agricultural and residential uses, offering considerable flexibility for future development. The future land use designation is Rural Agricultural Reserve, suggesting a commitment to preserving the area's rural character while allowing for compatible development. This expansive tract provides ample space for a variety of uses, from agricultural pursuits to potential residential subdivision (subject to all necessary approvals and permits). Its convenient location near NC Hwy 98 offers easy access to surrounding areas. This is a rare opportunity to acquire a significant land holding in a rapidly growing area of Durham County. Serious inquiries only. All information deemed reliable but not guaranteed.

Location Insight

City

Durham

County

Durham

State

North Carolina

Latitude

35.9733

Longitude

-78.7419

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