Prime 2.95 Acre Lot in Desirable Lakewood Perfect for Single or Multi-Dwelling Development!
Located just 1.4 miles from Downtown Durham, this rare 2.95-acre property in the highly sought-after Lakewood neighborhood offers an ideal blend of city convenience and spacious opportunity. Enjoy a quick 6-minute drive or a leisurely 30-minute walk to Durham's top attractions, including DPAC, the American Tobacco Campus, and Durham Bulls Athletic Park.
Key Features:
- Zoning Flexibility: Zoned for single or multiple dwellings, this lot is in the Urban Tier, allowing for 16+ small-lot development options.
- Utility Access: Convenient access to water, sewer, and electricity, making it ready for immediate development.
- Upscale Neighborhood: Surrounded by high-end homes, adding significant appeal to future projects.
- Urban Proximity: Close to vibrant Downtown amenities, restaurants, shopping, and entertainment.
- List Price: $950,000
This property is perfect for developers or homeowners looking to build in one of Durham's most desirable and upscale areas. New zoning laws allow for 16+ single-family homes under the small lot option. Don't miss out on this exceptional investment opportunity!