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About this home
BUILDERS & INVESTORS — MULTIPLE-UNIT POTENTIAL MINUTES FROM RTP & RDU. Nearly 1/2 acre with a survey showing potential for multiple units and the possibility of creating smaller lots, subject to applicable approvals. Water and sewer are available at the street, and the fairly level topography makes this an unusually compelling development opportunity in a highly convenient Triangle location. Located just minutes from Research Triangle Park and RDU International Airport, this property combines location, utility access, usable land, and development potential in one package. Whether you're looking to build multiple homes, create an investment project, or secure land in one of the Triangle's most strategically located areas, 111 Spring Street deserves a serious look. Survey attached. Multiple-unit potential. Water and sewer available. Nearly 1/2 acre. Minutes from RTP and RDU. Opportunities with this combination of location and development potential are difficult to duplicate. Contact the listing agent for survey details and additional information.
Prime Building Opportunity Near RTP and RDU! Discover this nearly 1/2-acre building lot in a highly convenient location, just minutes from RTP and RDU Airport. Offering incredible potential, this parcel can be divided smaller lots. Utilities are already in place, with water and sewer available at the street. The lot features a fairly level topography, perfect for your next project. Whether you're a builder, investor, or future homeowner, this property is a rare find. Don't miss out—call the listing agent today for more details!
Public Records
Aug 1, 2018
Sold
$36,500
Public Records
May 30, 2013
Sold
$15,000
TMLS #1834566
Dec 18, 2012
Listing Removed
—
May 2, 2012
Listed
$19,950
Public Records
Mar 19, 2012
Sold
$3,000
TMLS #1651432
Oct 1, 2011
Listing Removed
—
Mar 4, 2009
Listed
$48,000
Public Records
Dec 8, 2005
Sold
$26,000
Public Records
Oct 3, 1991
Sold
$7,500
Year
Property tax
Land + Additions
Assessment*
2025
$1,034 (+231.4%)
$104,300
2024
$312 (+6.5%)
$104,300
2023
$293 (+2.3%)
$22,365
2022
$286 (+0.5%)
$22,365
2021
$285 (+2.4%)
$22,365
2020
$278
$22,365
2019
$278 (−31.2%)
$22,365
2018
$405 (+0.7%)
$29,820
2017
$402 (+3.8%)
$29,820
2016
$387 (+28.6%)
$29,820
2014
$301 (+3.0%)
$21,773
2013
$292 (+2.3%)
$21,773
2012
$286 (+0.7%)
$21,773
2011
$284
$21,773
Public record
Public record
Zoning
Beds
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Baths
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Stories
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Lot width
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Lot depth
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Lot size
0.49 Acres
Year renovated
—
Finished Sq. Ft.
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Unfinished Sq. Ft.
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Total Sq. Ft.
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Year built
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Style
Vacant Land
County
Durham County
APN
158362
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
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Last updated by owner on Oct 10, 2025.
RU-5
F/J-B
Residential Urban Districts
The RU Districts are established to provide for orderly urban residential development and redevelopment. A limited number of nonresidential uses are allowed, subject to the restrictions necessary to preserve the character of the urban neighborhood. Such uses should have convenient access to arterial streets and nearby civic, commercial or employment uses.
Zone overlays
Watershed Protection Overlay - Falls/Jordan District B
Permitted uses
Include but are not limited to:
Agriculture
Community / recreation center
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
6/10 Heat Factor
7 days above 105° expected this year, 16 days in 30 years
6/10 Wind Factor
27% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Durham, NC • 27703
Average low and high temperatures (°F)
49
29
55
35
71
46
78
54
78
59
90
68
91
74
82
67
81
64
72
51
66
44
53
34
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9 hours in
June and 5.1 hours in December, which is comparable to the
U.S. average for solar exposure.
9 hrs
5.1 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 111 Spring St
$350,092
$92 over list price of $350K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $300K to $420K.