1513 Cole Mill RoadDurham, NC 27705

Description

1.15 acre site in Durham, across from Croasdaile Country Club. With a 1-mile median household income above $110,000 and new-construction homes in Croasdaile ranging from $1m to $3m, this affluent location is prime for residential redevelopment. The site is located within a five-minute drive of Downtown Durham and Duke University in addition to multiple retail, dining, and entertainment options. Additionally, the site offers immediate access to I-85, connecting residents with ease to the greater Raleigh-Durham-Chapel Hill and Research Triangle Park employment centers. The offering consists of three parcels at 1513, 1515, and 1519 Cole Mill Road and includes three rental homes that are leased for a combined $2,950 per month.

Property Information

Property type

Land

Sub-type

Unimproved Land

Lot size

1.15 acres

Lot dimensions

150 x 235

Zoning

R-20

Days on market

259

MLS^® Listing#

10148593

Property Features

Lot features

Wooded

Utilities

Electricity Available · Natural Gas Available · Sewer Available · Water Available

Sewer

Public Sewer

Water source

Public

Schools

Elementary

Durham - Hillandale Elementary

Middle

Durham - George L Carrington Middle

High

Durham - Riverside High

Financial Details

HOA

None

Annual taxes

$6,010Tax year 2025

Assessed value

$537,694

Parcel number

174265

Directions

Take Cole Mill Road north from I-85. The properties at 1513, 1515, and 1519 Cole Mill Road will be on your left, just past the entrance to Croasdaile Country Club.