(LAND) SFR NEW CONSTRUCTION OPPORTUNITY! (DURHAM, NC 27703)
ASKING PRICE: $53,700
NEW CONSTRUCTION SALES PRICE: $435,000
- Location: Wooded residential lot within Durham City Limits, near Ridgefield Subdivision, less than 13 miles from RDU Airport, and close to Falls Lake.
- Zoning & Build Potential: Zoned RR (Rural Residential) in the Suburban Tier, supports Single-Family Residential (SFR) builds, and exempt from impervious surface limitation.
- Public Utilities & Infrastructure: City water and sewer lines available at road frontage (screenshot provided) with large road frontage width (120ft), ideal for custom home construction.
- Lot Features: Mostly flat terrain with wooded areas requiring clearing; lot size is nearly half an acre.
- Lot Size: 0.47 acres (20,659 ft²)
- Zoning: RR
- Minimum Building Req
- Lot Size: This is a non-conforming, buildable lot of record, eligible for construction as long as setbacks are met (Durham City-County email confirmation avail. upon request)
- Frontage: 100'
- Set Backs: Front 50', Rear: 35', Sides 12' - for a combined 30'
COMPS:
SFR NEW BUILD
- 2255 Flectchers Ridge Dr,SOLD $479,000 5bd / 3ba 2,511 Sqft, 2024 build
- 2128 Fletchers Ridge Dr, SOLD $449,960 4bd / 2.5ba 2,175 Sqft, 2024 build
- 2284 Fletchers Ridge Dr, SOLD $419,000 4bd / 2ba 1,764 Sqft, 2024 build
LAND
*CLICK HERE TO SUBMIT OFFER*
Contact for all info & offers!
704-741-2044
Kristie@zeres.capital
Looking for a CASH transaction. This is an assignment of contract and a non-refundable deposit is required in order to lock up the deal.
____________________________________________________________
Submitting your offer
Please submit your Highest and best offer once all due diligence has been completed. The highest and best will be accepted based on speed of closing, convenience and price.
All offers must be cash, private lending or hard money only, with the ability to close within (21) days or less. Price is net to the seller, buyer pays all closing costs unless otherwise specified.
After the offer is accepted, the contract must be signed and EMD must be received within 5 hrs to the agency/office that is facilitating the closing. Minimum EMD amount for this property is $2,500. Earnest Money Deposit is Non-Refundable unless title cannot be cleared.
All properties in which the contract is assigned will be delivered fully insured with clear title from a reputable title company/attorney’s office and underwriter.
Basic Terms
For any offering, we either own the property or have equitable ownership interest with the ability to assign our contractual rights to the purchasing party. The buyer is responsible for their own due diligence and verifying all facts and figures in regards to purchasing the property. The opinion of value is given as a courtesy only as the seller makes no guarantees or warranties, express or implied, as to the value or condition of the property.
Wholesalers and Real Estate Agents
You may share this property with your buyers, however, please do not post this deal on any online platform without our consent. Wholesalers and Real Estate Agents, please add your fee and/or commission on top of our offering price when marketing to clients. To discuss further, please contact us.
*CLICK HERE TO SUBMIT OFFER*
| Bedrooms | |
| Bathrooms | |
| Sq. footage |