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700 S Lasalle St & 2630 Erwin Rd - 700 S Lasalle St & 2630 Erwin Rd

1.07 Acres of Commercial Land Offered at £1,975,025 in Durham, NC 27705

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Investment Highlights

Two adjacent lots are also available through a different seller.

This prime location is just across the street from Duke University.

Executive Summary

Development Opportunity: Two lots totaling ±1.07 acres adjacent to Lakeview Park at the corner of Erwin Road and S Lasalle Street. This prime location is just across the street from Duke University. Two adjacent lots are also available through a different seller.

DURHAM Erwin & LaSalle 2630 700 v4

Property Facts

Price	£1,975,025	Property Subtype	Commercial
Sale Type	Investment	Proposed Use	Commercial Apartment Units Hotel
No. Lots	1	Total Lot Size	1.07 AC
Property Type	Land	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Price	£1,975,025
Sale Type	Investment
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Commercial Apartment Units Hotel
Total Lot Size	1.07 AC
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

1 Lot Available

Lot

Price	£1,975,025	Lot Size	1.07 AC
Price Per AC	£1,845,818

Price	£1,975,025
Price Per AC	£1,845,818
Lot Size	1.07 AC

Land for sale

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aerial
map

700 S Lasalle St & 2630 Erwin Rd, Durham, NC - aerial map view

zoning

Zoning Code	MU(D) (Current: MU(D) - Mixed Use Proposed under new UDO: TOA - Transit Opportunity Area)
MU(D) (Current: MU(D) - Mixed Use Proposed under new UDO: TOA - Transit Opportunity Area)

Frank Quinn
David Batten
APG Advisors

(919) 582-3150

Listing ID: 34005468
Date on Market: 26/11/2024
Last Updated:
Address: 700 S Lasalle St & 2630 Erwin Rd, Durham, NC 27705

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700 S Lasalle St & 2630 Erwin Rd, Durham, NC for sale Building Photo- Image 1 of 3 — DURHAM Erwin & LaSalle 2630 700 v4

700 S Lasalle St & 2630 Erwin Rd, Durham, NC for sale Aerial- Image 2 of 3 — Location map

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