Durham, NC 27712,5520 Novaglen Road
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Listed by MCV Realty, LLC
$ 945,000
Est. payment | /mo

1.32 Acres Lot


Save
$ 945,000
Est. payment | /mo
Save

1.32 Acres Lot

Key Details

Property Type Vacant Land

Sub Type Unimproved Land

Listing Status Active

Purchase Type For Sale

Subdivision Northwood Forest

MLS Listing ID 10085317

HOA Y/N No

Annual Tax Amount $43

Lot Size 1.320 Acres

Acres 1.32

Property Sub-Type Unimproved Land

Source Triangle MLS

Property Description

This is an excellent development opportunity in Durham. This property allows developers and homebuilders to capitalize on an incredibly strong residential sales makrket fueled by a lack of re-sale supply and a general lack of large lot single-family homes.

-By-right development allows for large-lot residential with up to two units per acre
-Strong resales within nearby Treyburn averaging $684,607
-Well and septic lots with mix of conventional, anaerobic drip, and TSII drip systems
-10 minutes/miles to Downtown Durham and Duke University
-Close proximity to RTP and Downtown Durham large employers

Location

State NC

County Wake

Direction Turn right heading north off of Goodwin Road onto Glenoaks Drive. Then turn left on Torredge Road. The subdivision is just behind Torredge or at the end of Novaglen Road.

Exterior

Utilities Available Septic Available

View Y/N Yes

Street Surface Unimproved

Private Pool No

Building

Faces Turn right heading north off of Goodwin Road onto Glenoaks Drive. Then turn left on Torredge Road. The subdivision is just behind Torredge or at the end of Novaglen Road.

Sewer Septic Tank

Water Need Well

Schools

Elementary Schools Durham - Little River

Middle Schools Durham - Lucas

High Schools Durham - Northern

Others

Special Listing Condition Seller Licensed Real Estate Professional

Doorify MLS / Triangle MLS
agent-avatar

+1(252) 904-0357

jason@waltersteam.com

526 E Nash Street, Hope, NC, 27882, United States

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5520 Novaglen Road