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430 Sowell Street, Durham, NC 27701
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$450,000
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Home Details for 430 Sowell Street
Price
$450,000
Type
Lots/Land
Lot Size
0.16
County
Durham
Tax
$323
MLS®️ Listing#
10127865
On exitrealty.com
94 days
Property Description
Major Opportunity Alert for Builders, Developers & Investors in Durham's Federal Opportunity Zone
Unlock rare potential with two adjoining parcels at 430 Sowell Street and 429 Lakeland Street (MLS #10127869), Zoning RU-5(2), nestled in the heart of Durham's most rapidly transforming neighborhood. Together, they present a prime redevelopment opportunity within a Federal Opportunity Zone, offering unbeatable positioning, flexibility, and growth potential.
These adjoining properties, covering a corner-to-corner section, of a city block, lie in Durham's Urban Tier, qualifying for the Small Lot Option under city zoning, ideal for infill construction, small-lot single-family homes, townhouses, or a creative clustered site plan. With existing curb cuts, utilities at the street, and New Construction homes already completed next door and just 300 yards away, the comparables and momentum are strong. Verify options with Durham Planning Dept.
Strategically located on the R. Kelly Bryant Bridge Trail, directly across from Burton Magnet Elementary School, and minutes from Downtown Durham, NCCU, and major redevelopment corridors—this area embodies the next wave of growth and community revitalization.
Endless potential awaits: Redevelop, build out a multi-home collection, or update the existing residence for cash flow while finalizing plans.
This pairing, 430 Sowell + 429 Lakeland, represents a turnkey entry point for small to mid-size builders and investors seeking immediate upside in one of Durham's most promising growth pockets.
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- Utilities
- Cable Available
- Electricity Available
- Natural Gas Available
- Phone Available
- Water Features
- Public
- Parking
- Paved
School Information
School Information for 430 Sowell Street
Elementary School
Durham - Burton
Middle School
Durham - Lowes Grove
High School
Durham - Hillside
Listing Courtesy: Brokers United Realty - 919-572-9456
Last Updated: 2025-12-12 09:01:16
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Market statistics compiled from data from Triangle MLS.
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EXIT REALTY TRIANGLE
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$450,000
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EXIT REALTY TRIANGLE
8601 Six Forks Road, Suite 400, Raleigh, NC 27615