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5122 Summer Rose Lane
Durham, NC 27703
Asking Price
Contact for price
Asset Type
Residential Land
Class
Class B
What's Special
Land | 35.02 acres <ul><li>±35.02-acre Leesville Road Large Lot Residential Development Opportunity in Durham</li><li>Two Non-contiguous Tracts with In-Place Zoning for Large-Lot Single Family Development</li><li>By-right development of single-family lots 30,000 SF or greater</li><li>Path-of-progress location close to Leesville Road and 10 minutes from Brier Creek and I-540</li><li>Rare large-lot opportunity with access to Brier Creek, Highway 70, and Downtown Durham</li><li>Close proximity to RTP and Downto
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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547
