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3431 Carr Road
Durham, NC 27703
Asking Price
$1.20M
Asset Type
Residential Land
Class
Class B
What's Special
Carr Road Assemblage | ±3.99-acre Residential Development Site | Durham, NC <ul><li>±3.99-acre residential development assemblage in eastern Durham</li><li>Future land use supports mixed residential and higher-density housing opportunities</li><li>Convenient access to I-885, US-70 and NC-98</li><li>Approximately 12 minutes from Downtown Durham and major employment centers</li><li>Located in a rapidly growing corridor near retail amenities and established neighborhoods</li></ul>
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NOI
$80,000
Cap Rate
6.67%
DSCR
1.12
Tight
Cash-on-Cash
2.43%
Monthly Payment
$5,936.945
Annual Cash Flow
$8,756.657
