Wake Forest Highway_Property for Sale
Wake Forest Highway_Property for Sale
5255 Wake Forest Rd 5255 Wake Forest Hwy, Durham, NC, 27703-3706, US

Wake Forest Highway

Asset description

±12.13 Ac Multifamily Development Site: Durham, NC (Rezoning Completion Slated for September 2023)


5255 Wake Forest Highway is 12.13 acre development opportunity located just 14 minutes from downtown Durham, 30 minutes from Downtown Raleigh, and perfectly situated for those looking for outdoor active lifestyle amenities. This site is distinctively sized for surface parked development. Proximity to golf courses, vineyards, state parks, and schools without jeopardizing proximity to major employment hubs make this a prominent north Durham development opportunity. Located along the outskirts of Durham’s Falls village Golf Club this sites by-right zoning, utility access, proximity to a robust single family development pipeline, and robust foundation of elevated demographics paired with its distinctive size all and access to outdoor amenities all converge into a distinctive multifamily development opportunity. The site is located on the outskirts of Durham's Falls Village Golf Club. Its utility access, proximity to a robust single-family development pipeline, vigorous foundation of elevated demographics, distinctive size, and access to outdoor amenities all converge to create a distinctive multifamily development opportunity.

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Attributes

Land area gross
4.91 ha (49,088 sm)

Media

Investment highlights

  • Rezoning Slated For Completion By September 2023
  • $122,868 Average Family Income (+27% over zip code average)
  • 14 Minutes From Downtown Durham
  • 15 Minutes From Research Triangle Park (90,000+ Employees)

Contact brokers

Wake Forest Highway (0 Properties)

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Last updated
May 30, 2023