$400,000
$475,000
15.8%For more information regarding the value of a property, please contact us for a free consultation.
1513 Cole Mill RD Durham, NC 27705
1.15 Acres Lot
Key Details
Sold Price $400,000
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Sold
Purchase Type For Sale
Subdivision Not In A Subdivision
MLS Listing ID 10148593
Sold Date 10/23/26
HOA Y/N No
Annual Tax Amount $6,010
Lot Size 1.150 Acres
Acres 1.15
Lot Dimensions 150 x 235
Property Sub-Type Unimproved Land
Source Doorify MLS
Property Description
1.15 acre site in Durham, across from Croasdaile Country Club. With a 1-mile median household income above $110,000 and new-construction homes in Croasdaile ranging from $1m to $3m, this affluent location is prime for residential redevelopment. The site is located within a five-minute drive of Downtown Durham and Duke University in addition to multiple retail, dining, and entertainment options. Additionally, the site offers immediate access to I-85, connecting residents with ease to the greater Raleigh-Durham-Chapel Hill and Research Triangle Park employment centers. The offering consists of three parcels at 1513, 1515, and 1519 Cole Mill Road and includes three rental homes that are leased for a combined $2,950 per month.
Location
State NC
County Durham
Community Not In A Subdivision
Area 1.15
Zoning R-20
Interior
Fireplace No
Exterior
Utilities Available Electricity Available, Natural Gas Available, Sewer Available, Water Available
Garage No
Building
Water Public
New Construction No
Schools
Elementary Schools Durham - Hillandale Elementary
Middle Schools Durham - George L Carrington Middle
High Schools Durham - Riverside High
Others
Senior Community No
Tax ID 174265
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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