4802 Cheek RdDurham, NC 27704

Property Details for 4802 Cheek Rd

Lot size

69.34 AC

Property type

Land

Description

This exceptional 69.34-acre commercial land parcel presents a compelling investment opportunity in Durham County, North Carolina. Strategically located on Cheek Road, this property boasts convenient access to Interstate 85, placing it within easy reach of major transportation arteries and the vibrant Durham-Raleigh metropolitan area. The property is zoned Rural Residential (RR) under Durham County regulations. Importantly, the county has proposed a future land use designation of Mixed Residential Neighborhood, anticipated for adoption in December 2022, suggesting significant potential for future development. The asking price is $4,507,100, translating to an attractive price per acre of $65,000. The property's proximity to Falls Lake adds to its appeal, offering recreational opportunities and scenic beauty. With its substantial acreage, prime location, and promising future zoning, this land parcel represents a rare chance to acquire a significant holding in a rapidly growing area. The parcel ID is 170507. This is an exceptional opportunity for developers and investors seeking a large-scale project with excellent access and future development potential. The property's size and location make it ideal for a variety of uses, subject to necessary approvals and permits.

Location Insight

City

Durham

County

Durham

State

North Carolina

Latitude

36.0288

Longitude

-78.774

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