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$1,400,000
Listing Price3beds
3.5baths
2,896sqft
102,802sqft lot
2548 Ferrell Rd, Durham, NC 27704
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For Sale
Off Market
Home type
Price / sqft
Year built
Home Details
Three parcels are being sold together for development, totaling 8.84 acres, located at 2610 Ferrell Rd. Two of the parcels currently include existing homes that are being sold as-is with no value; the value is in the land. This property presents a strong development opportunity with a new neighborhood currently under construction directly behind the parcels, supporting future growth and demand. Excellent location with convenient access to I-85 and just minutes from downtown Durham, shopping, dining, and major employers. Ideal for developers or investors seeking infill or expansion opportunities in a growing area. Buyer to verify zoning, utilities, and development potential. Back on the market through no fault of the sellers.
Interior Details
2896
3
3.5
Has Heating:
Yes
Heating Type:
Yes
Has Cooling:
Yes
Cooling Type:
N/A
Has Fuel:
No
Fuel Type:
N/A
Has Basement:
No
Basement Type:
No Basement
Has Flooring:
No
Flooring Type:
N/A
Has Fireplace:
Yes
Fireplace Type:
N/A
Property Details
102802
No
No
Type:
Garage, Attached
Location:
N/A
Status:
N/A
Number of Spaces:
1
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Construction Details
Ranch
Brick Veneer
N/A
N/A
Asphalt
Tax History
Year
Amount
Land
Improvement
Percent Change
Assessment
2020
$2,032
$45,545
$197,960
--%
$243,505
2019
$2,032
$45,545
$197,960
--%
$243,505
2018
$1,657
$40,192
$141,526
--%
$181,718
2017
$1,639
$40,192
$141,526
--%
$181,718
2016
$1,589
$40,192
$141,526
--%
$181,718
2014
$2,477
$29,698
$236,211
--%
$265,909
2013
$2,358
$29,698
$236,211
--%
$265,909
2012
$2,278
$29,698
$236,211
--%
$265,909
Average Home Price in 27704
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Details for 2548 FERRELL RD
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Guides for Ferrell Rd
The Durham, NC real estate market is showing dynamic trends, with fluctuations in property value and sold prices across the year and in neighboring cities. Local demand, economic factors, and community growth have created a complex market with growth potential, minimal distressed sales, and distinct opportunities for various buyer segments.
