PROPERTY DESCRIPTION
This 40.73-acre offering provides a prime development opportunity in one of the Triangle’s most active growth corridors. The property sits at the Durham– Orange County line and is well positioned for annexation into the City of Durham, opening the door for future utility access and flexible zoning. With water already at the site and sewer available through an adjoining parcel, the tract is suited for multifamily, industrial, or mixed-use concepts. At $375,000 per acre, the scale, location, and infrastructure potential make this an attractive acquisition for developers seeking entitled land within reach of Durham’s expanding employment base.
LOCATION DESCRIPTION
The property is located along Coates Industrial Boulevard, directly contiguous to 3463 Coates Industrial and adjacent to land recently annexed into Durham. This corridor benefits from proximity to US Highway 70 and Interstate 85, providing direct routes into downtown Durham, RTP, and the broader Triangle region. Utilities and a pump station exist nearby, with active development and utility extensions occurring throughout the area. The surrounding environment is transitioning from rural-industrial to urban employment and residential use, positioning the site at the leading edge of Durham’s westward growth pattern.