5520 Novaglen Road Active

Durham,NC 27712

$ 1050000

- Bed

- Bath

- SqFt


Key Details

Property Type Vacant Land

Sub Type Unimproved Land

Listing Status Active

Purchase Type For Sale

Subdivision Northwood Forest

MLS Listing ID 10085317

Annual Tax Amount $43

Lot Size 1.320 Acres

Property Sub-Type Unimproved Land

Property Description

This is an excellent development opportunity in Durham. This property allows developers and homebuilders to capitalize on an incredibly strong residential sales makrket fueled by a lack of re-sale supply and a general lack of large lot single-family homes.

-By-right development allows for large-lot residential with up to two units per acre
-Strong resales within nearby Treyburn averaging $684,607
-Well and septic lots with mix of conventional, anaerobic drip, and TSII drip systems
-10 minutes/miles to Downtown Durham and Duke University
-Close proximity to RTP and Downtown Durham large employers

Location

State NC

County Wake

Exterior

Utilities Available Septic Available

View Y/N Yes

Building

Sewer Septic Tank

Water Need Well

Schools

Elementary Schools Durham - Little River

Middle Schools Durham - Lucas

High Schools Durham - Northern

Others

Special Listing Condition Seller Licensed Real Estate Professional

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