Great opportunity for a builder or investor looking for a shovel-ready project in a highly desirable Durham location. Much of the heavy lifting has already been completed, including the building permit, survey, and plans (see attached documents). This is the final remaining lot in a four-home small development, with three homes already completed. The development is designed around a shared driveway that is already in place and legally recorded by easement (see attached). The location is excellent—situated directly along the American Tobacco Trail, just over one mile from North Carolina Central University (NCCU) and less than four miles from Downtown Durham. With the permitting, planning, and infrastructure already in place, this property offers an opportunity for a quick build-and-sell strategy or a build-and-hold investment for long-term rental income. An ideal opportunity to step into a partially completed development with the major groundwork already done. .
Vacant landProperty Type
3,049 sq ftLot Size
$28Price/Sq.Ft.
Listed by Peter Puglisi• Julie Wright Realty Group LLC
Research Triangle Park, located between Durham and Raleigh, is a corporate and wooded Durham neighborhood with a campus-style street grid and protected greenbelts. The character concentrates around the NC-54 and TW Alexander Drive corridor, where glass-and-brick office campuses, coffee counters, and lunchtime patios cluster beside trailheads. Boxyard RTP adds a shipping-container food hall feel with local pop-ups and outdoor seating. The Research Triangle Foundation’s Frontier RTP campus brings coworking energy and event lawns into the mix. Architecture leans modern and low-slung, set back behind pines and landscaped ponds. Life here runs on bike commutes, midday walks, and after-work meetups along the American Tobacco Trail.
Provided by Walk Score and Local Logic
Market insights
2002 D Riddle Rd · $85,000
DAYS ON MARKET
2 days
The average home goes pending in 28 days.
SALE-TO-LIST
98.1%
Most homes are selling 2% below list price.
LIST PRICE
$85,000
Median sale price in this area is $449,747. (429% higher than this home)
PRICE DROP
0 price drops
30% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Interior features
Cleared vegetation
Exterior features
Lot dimensions approximately 30.7' x 97.91' x 30.4' x 94.46'
Asphalt road frontage on a 2-lane public maintained road
Home design
Zoned RU-5
Utilities
Public water
Public sewer
Electricity available
HOA & community
No association
Other
Property in Durham County, postal code 27707
Directions: From downtown Durham on 147 go south on S Alston Ave, left on Riddle Road; property is on the right.
Electricity and solar
View estimated energy costs and solar savings for this home
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.
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 • 27707
Average low and high temperatures (°F)
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74
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81
64
72
51
66
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34
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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 2002 D Riddle Rd
$84,362
$638 under list price of $85K
Nearby comparable homes
The Redfin Estimate uses 5 recent nearby sales, priced between $59K to $422K.