5500 Chin Page Road, Durham, NC, 27703

5500 Chin Page Road Durham, NC 27703

5500 Chin Page Road, Durham, NC, 27703
5500 Chin Page Road, Durham, NC, 27703
FOR SALE
Property Type:
Other Land
Amount:
$3,874,750
Last Verified:
Jan 23, 2025

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Highlights

  • 14.09 acres (±9.4 acres useable)
  • Future Zoning: Apartment and Townhouse Neighborhood
  • $275,000/gross acre
  • Less than 2 miles from I-40 & I-540
  • 4 Miles to RDU International Airport

Description

Great light industrial/flex development opportunity on Chin Page Road with close proximity to FedEx, Wolf Speed, Research Triangle Park (RTP), and World Trade Park.

Less than 2 miles from I-40 & I-540
4 Miles from RDU International Airport
Great light industrial/flex development opportunity on Chin Page Road with close proximity to FedEx, Wolf Speed, Research Triangle Park (RTP), and World Trade Park.

Lot Size: 14.09 acres


Documents

CURRENT - 5500 Chin Page Rd Land Durham 11-13-24.pdf

Map of 5500 Chin Page Road, Durham, NC, 27703

What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.