www.crexi.com Open in urlscan Pro
52.39.100.111  Public Scan

Form analysis
2 forms found in the DOM

#

<form _ngcontent-serverapp-c138="" novalidate="" action="#" tabindex="-1" class="search-bar-form ng-untouched ng-pristine ng-valid">
  <div _ngcontent-serverapp-c138="" data-cy="searchBar" class="search-bar-container"><!---->
    <div _ngcontent-serverapp-c138="" class="search-bar-input-wrapper">
      <div _ngcontent-serverapp-c138="" class="search-bar-pills empty ng-star-inserted"><!----><!---->
        <div _ngcontent-serverapp-c138="" class="search-bar-placeholder"><span _ngcontent-serverapp-c138="">Enter a location or keyword</span></div>
      </div><input _ngcontent-serverapp-c138="" autocapitalize="none" autocomplete="off" itemprop="query-input" name="search_term_string" class="search-bar-input ng-untouched ng-pristine ng-valid ng-star-inserted"
        placeholder="Enter a location or keyword">
      <div _ngcontent-serverapp-c138="" class="search-bar-reset-button-container ng-star-inserted"><!----></div><!----><!----><!----><!---->
    </div><!----><!----><!---->
  </div><button _ngcontent-serverapp-c138="" title="Search" type="button" class="search-bar-search-button">
    <div _ngcontent-serverapp-c138="" class="search-text">Search</div><span _ngcontent-serverapp-c138="" class="icon fal fa-search"></span>
  </button>
</form>

<form _ngcontent-serverapp-c332="" novalidate="" class="ng-untouched ng-pristine ng-star-inserted ng-valid">
  <div _ngcontent-serverapp-c332="" class="valuation-calculator">
    <div _ngcontent-serverapp-c332="" class="valuation-calculator-inputs">
      <div _ngcontent-serverapp-c332="">
        <div _ngcontent-serverapp-c332="" class="valuation-calculator-inputs__group group--no-top-margin">
          <div _ngcontent-serverapp-c332="" class="form-group"><label _ngcontent-serverapp-c332="" class="valuation-calculator-input__label">Purchase Price</label><input _ngcontent-serverapp-c332="" data-cy="purchasePrice" crxcurrency=""
              formcontrolname="purchasePrice" placeholder="Enter Purchase Price" class="form-control ng-untouched ng-pristine ng-valid"></div>
          <div _ngcontent-serverapp-c332="" class="form-group"><label _ngcontent-serverapp-c332="" class="valuation-calculator-input__label">Net Operating Income</label><input _ngcontent-serverapp-c332="" data-cy="NOI" crxcurrency=""
              formcontrolname="noi" placeholder="Enter NOI" class="form-control ng-untouched ng-pristine ng-valid"></div>
        </div><!---->
      </div>
      <div _ngcontent-serverapp-c332="" class="form-group"><label _ngcontent-serverapp-c332="" class="valuation-calculator-input__label">Down Payment</label>
        <div _ngcontent-serverapp-c332="" class="valuation-calculator__down-payment"><input _ngcontent-serverapp-c332="" data-cy="downPayment" crxcurrency="" formcontrolname="downPaymentValue" placeholder="Enter Down Payment"
            class="form-control ng-untouched ng-pristine ng-valid"><input _ngcontent-serverapp-c332="" crxpercent="" formcontrolname="downPaymentPercentage" placeholder="--%" class="form-control ng-untouched ng-pristine ng-valid"></div>
        <!----><mat-slider _ngcontent-serverapp-c332="" max="100" min="0" step="5" class="mat-mdc-slider mdc-slider cui-slider mat-primary"><input _ngcontent-serverapp-c332="" type="range" matsliderthumb="" formcontrolname="downPaymentPercentage"
            class="mdc-slider__input ng-untouched ng-pristine ng-valid" step="5" min="0" max="100" aria-valuetext="100" style="padding: 0px; width: calc(100% + 48px); left: -24px;">
          <div class="mdc-slider__track">
            <div class="mdc-slider__track--inactive"></div>
            <div class="mdc-slider__track--active">
              <div class="mdc-slider__track--active_fill" style="left: 0px; right: auto; transform-origin: left center; transform: scaleX(1);"></div>
            </div><!---->
          </div><!----><mat-slider-visual-thumb class="mdc-slider__thumb mat-mdc-slider-visual-thumb" style="transform: translateX(1177px);"><!---->
            <div class="mdc-slider__thumb-knob"></div>
            <div matripple="" class="mat-ripple mat-mdc-focus-indicator"></div>
          </mat-slider-visual-thumb>
        </mat-slider>
      </div>
      <div _ngcontent-serverapp-c332="" class="valuation-calculator-inputs__group">
        <div _ngcontent-serverapp-c332="" class="form-group"><label _ngcontent-serverapp-c332="" class="valuation-calculator-input__label">Interest Rate</label><input _ngcontent-serverapp-c332="" data-cy="interestRate" crxpercent=""
            formcontrolname="interestRate" placeholder="Enter Interest Rate" class="form-control ng-untouched ng-pristine ng-valid"><!----><!----></div>
        <div _ngcontent-serverapp-c332="" class="form-group"><label _ngcontent-serverapp-c332="" class="valuation-calculator-input__label">Term (years)</label><input _ngcontent-serverapp-c332="" data-cy="term" crxnumberonly="" formcontrolname="term"
            placeholder="Enter Term" class="form-control ng-untouched ng-pristine ng-valid"><!----><!----></div>
      </div>
    </div>
    <div _ngcontent-serverapp-c332="" class="valuation-calculator-results">
      <div _ngcontent-serverapp-c332="" data-cy="results-loanAmount" class="valuation-calculator-results__group">
        <div _ngcontent-serverapp-c332=""> Loan Amount <div _ngcontent-serverapp-c332="" mattooltip="The Loan Amount is your Purchase Price minus the Down Payment." class="mat-mdc-tooltip-trigger info-tooltip"
            aria-describedby="cdk-describedby-message-serverApp-1-2" cdk-describedby-host="serverApp-1"></div><!----></div>
        <div _ngcontent-serverapp-c332="" class="valuation-calculator-results__group--emphasized-amount"> $-- </div>
      </div>
      <div _ngcontent-serverapp-c332="" class="valuation-calculator-results__group group--annual-debt">
        <div _ngcontent-serverapp-c332=""> Annual Debt Service <div _ngcontent-serverapp-c332="" mattooltip="Debt Service is the cash required to pay back the principal and interest of outstanding debt for a particular period of time."
            class="mat-mdc-tooltip-trigger info-tooltip" aria-describedby="cdk-describedby-message-serverApp-1-3" cdk-describedby-host="serverApp-1"></div><!----></div>
        <div _ngcontent-serverapp-c332="" data-cy="results-annualDebtService" class="valuation-calculator-results__group--amount"> $-- </div>
        <div _ngcontent-serverapp-c332="" data-cy="results-annualDebtServicePerMonth" class="valuation-calculator-results__group--amount-per-month"> $-- /mo </div>
      </div>
      <div _ngcontent-serverapp-c332="" class="valuation-calculator-results__group">
        <div _ngcontent-serverapp-c332=""> Annual Cash Flow <div _ngcontent-serverapp-c332="" mattooltip="Your Cash Flow is the Net Operating Income (NOI) minus the Debt Service." class="mat-mdc-tooltip-trigger info-tooltip"
            aria-describedby="cdk-describedby-message-serverApp-1-4" cdk-describedby-host="serverApp-1"></div><!----></div>
        <div _ngcontent-serverapp-c332="" data-cy="results-annualCashFlow" class="valuation-calculator-results__group--amount"> $-- </div>
        <div _ngcontent-serverapp-c332="" data-cy="results-annualCashFlowPerMonth" class="valuation-calculator-results__group--amount-per-month"> $-- /mo </div>
      </div>
    </div>
  </div>
</form>

Text Content

www.crexi.com - The Commercial Real Estate Exchange
For Sale
Enter a location or keyword

Search
For Sale
SEARCH
All Properties for SaleAuctionsNewest Listings
PRODUCTS
Broker PlansAuction PlatformFind a Broker
Add Listings For Sale
For Lease
SEARCH
All Spaces for LeaseNewest Listings
PRODUCTS
Broker Plans
Add Listings For Lease
Auctions
SEARCH
All AuctionsEnding Soonest
PRODUCTS
Auction Platform
Property Data
SEARCH
PropertiesSales CompsLease Comps
Intelligence
SEARCH
Comps InsightsSales InsightsLease Insights
PRODUCTS
Learn About Intelligence
Upgrade Add Listings Saved Sign Up or Log In



    
 1. For Sale
 2. Land
 3. NC
 4. Durham
 5. 2.25 Acre Development Site for Sale in Durham, NC
    


Street View
Gallery 3
Map View



2.25 ACRE DEVELOPMENT SITE FOR SALE IN DURHAM, NC

Land
View OM View Flyer Submit LOI
Request Info


LISTING CONTACTS

 * Jordan Gorjian Pro
   License: US
   Phone Number:  Sign Up  or  Log In  to see phone number
   View my profile
   


ACTIVE

Asking Price:Unpriced

Deal terms are not currently defined. Request your own specific terms when
submitting a non-binding offer.

Learn more


SCHEDULE A TOUR

In Person
Virtual
Request Tour
Address 


201 E CARVER ST, DURHAM, NC 27704

Show on Map
Date Added
Jun 7, 2023
Days on Market
76 days
Time Since Last Update
54 days


DETAILS

Property TypeLand
SubtypeCommercial
ZoningOI
Lot Size (acres).5 - 2.5


MARKETING DESCRIPTION

Introducing an exceptional investment opportunity in Durham, NC - an expansive
5.6-acre commercial development site located at 280 E Carver St, Durham, NC.
This prime piece of land offers approximately 2.25-2.50 usable acres, making it
the perfect canvas for a wide range of commercial ventures. Situated in a highly
dense area, this property boasts exceptional visibility and frontage. It is
surrounded by a thriving retail landscape, with popular retailers such as Lowe's
Home Improvement, Chick-fil-A, Panera Bread, CVS, Walgreens, Starbucks, Staples,
Waffle House, Cook Out, Captain D's, and more just moments away. With a daily
traffic count of over 12,898 vehicles, this location offers incredible exposure
and easy accessibility. The demographics within a 1, 3, and 5-mile radius are
highly impressive, with a population of 156,814, 61,504 households, and a median
household income of $82,218. These statistics reflect a thriving and affluent
community, providing a strong customer base for any business. Whether you're
looking to lease, sell, or engage in a joint venture, this commercial
development site offers boundless potential. Don't miss out on the opportunity
to make your mark in this highly sought-after area. Contact our team today for
more information on this prime investment opportunity.



Per the current density, residential developers can build up to 61 units and
obtain a minor special use permit for a maximum height of 55 feet on this 2.25
acre usable land.



Permitted Residential Uses:

 

·         Townhouses

·         Multiplex

·         Apartments

·         Upper Story Residential

·         Independent Living Facility

·         Co-Living



Permitted Non-Residential Uses:

 

·         Apiculture

·         Community Service Use (shelter, food bank, etc.)

·         Day Care Home

·         Elementary, Middle School, High School

·         University or College

·         Vocational, trade or business schools

·         All governmental facilities

·         All medical facilities

·         Rail and bus terminals

·         All places of worship

·         Diet house

·         Art, Music, Dance studio or gallery

·         All office uses

·         R&D

 

Permitted Non-Residential Uses (Subject to Limitations):

 

·         Commercial Crop Production

·         Forestry

·         Congregate Living Facility

·         Group Home

·         Auditoriums

·         Clubs and Lodges

·         Museums

·         Day Care Facility

·         All parks and open areas

·         Cemeteries, mausoleums, columbaria, memorial gardens              

·         Major utilities    

·         Minor utilities

·         Wireless Communication Facility

·         Unipole Wireless Communication Facility

·         Wireless Communication Facility, Freestanding Concealed

·         Conference center, retreat house, event venue, banquet hall

·         Stadium, arena

·         Bed and Breakfast

·         Hotel, motel, and extended stay residences

·         All commercial parking

·         Veterinary clinic, animal hospital, kennel


VALUATION CALCULATOR

Purchase Price
Net Operating Income
Down Payment




Interest Rate
Term (years)
Loan Amount

$--
Annual Debt Service

$--
$-- /mo
Annual Cash Flow

$--
$-- /mo

VALUATION METRICS


LOGIN OR SIGN UP TO SEE VALUATION METRICS

SIGN UP FOR CREXI TO SEE VALUATION METRICS FOR THIS PROPERTY

Sign Up
--
DSCR

--
Cap Rate

--
ROI

Find relevant comps for this listing
Find comps by clicking below
Find Comps


DEMOGRAPHIC INSIGHTS


INTELLIGENCE
Unlock full access to Insights
Subscribe to Crexi Intelligence for full access
Subscribe

Sign In to View


1 mile

3 miles

5 miles



Household Income
Median Income
$
Estimate
0%
Growth Rate


Age Demographics
Median Age
Estimate
0%
Growth Rate


Number of Employees
Top Employment Categories


Housing Occupancy Ratio


Renter to Homeowner Ratio



LOCATION INSIGHTS




CLIMATE FACTORS


Flood Risk

Fire Risk



Flood Risk ⓘ


--------------------------------------------------------------------------------

Depth of Flood Water (ft.)
Based on a 1% chance that any flooding will occur this year.
 * Less than 0.5 ft
 * 0-1 ft
 * 1-2 ft
 * 2-3 ft
 * More than 3 ft
   


Broker Information
Broker Name
Jordan Gorjian
Broker License
US
Brokerage Name
Gorjian Acquistions
Brokeage Address
60 Cuttermill Road, Great Neck, United States 11021
*All information is deemed reliable but not guaranteed. Buyer to verify all
information.
Is there information that looks off? Report
HomeAdd ListingAbout UsBlogPressCareersContact and Support

Do not sell or share my personal information
© 2023 Commercial Real Estate Exchange, Inc. All Rights Reserved.
Terms & ConditionsPrivacy PolicySite Map


word word word word word word word word word word word word word word word word
word word word word word word word word word word word word word word word word
word word word word word word word word word word word word word word word word
word word word word word word word word word word word word word word word word
word word word word word word word word word word word word word word word word
word word word word word word word word word word word word word word word word
word word word word word word word word word word word word word word word word
word word word word word word word word word word word word word word word word
word word word word word word word word word word word word word word word word
word word word word word word word word word word word word word word word word
word word word word word word word word word word word word word word word word
word word word word word word word word word word word word word word word word
word word word word word word word word

mmMwWLliI0fiflO&1
mmMwWLliI0fiflO&1
mmMwWLliI0fiflO&1
mmMwWLliI0fiflO&1
mmMwWLliI0fiflO&1
mmMwWLliI0fiflO&1
mmMwWLliI0fiflO&1



The Loan Amount is your Purchase Price minus the Down Payment.
Debt Service is the cash required to pay back the principal and interest of
outstanding debt for a particular period of time.
Your Cash Flow is the Net Operating Income (NOI) minus the Debt Service.
Debt Service Coverage Ratio (DSCR) is a measure of the cash flow available to
pay current debt obligations. It is calculated by dividing the Annual Debt
Service from the NOI
Capitalization Rate (Cap Rate) is calculated by dividing a property's Net
Operating Income by the current market value or your anticipated Purchase Price.
Your Return on Investment or cash-on-cash return measures the amount of cash
flow relative to the amount of cash invested in a property investment and is
calculated by dividing the Down Payment from the Annual Cash Flow
Provided by Risk Factor