
Tarheel Lodging
1740 Fordham Blvd, Chapel Hill, NC, 27514, US
1,82 ha
Jones Lang LaSalle, a North Carolina licensed real estate broker, has been retained as the exclusive sales representative for Leesville at US 70, a strategically positioned residential development opportunity in Durham, NC. Located with frontage along US 70 East (45,000 VPD), the property provides connectivity within 12 minutes of Downtown Durham, Research Triangle Park (55,000+ jobs), and Raleigh-Durham International Airport.
The site offers near immediate access to retail and dining at nearby Brier Creek and direct connectivity to Research Triangle Park, the nation’s premier research and life sciences hub. This prime location combines superior accessibility with a desirable suburban setting, positioning developers to capitalize on the Triangle’s robust growth while leveraging connectivity to premier amenities and employment centers.
The property currently holds Rural Residential zoning, but the seller has submitted a rezoning application and annexation request with the City of Durham to allow for multifamily development by-right. Additionally, Durham’s new UDO zoning maps designates the subject property as Residential Mixed Use, allowing buildings up to three stories (45 feet). Furthermore, NCDOT has indicated positive support for right-in/right-out access from US 70 East, further enhancing development viability.