Exit 183 Property
54.9 Acres, Durham County, North Carolina
54.9 acre property for sale adjoining Interstate 85 at exit 183 in Durham County. The property has 2,600 feet of frontage along the Interstate 85 and service road and 1,800 feet of frontage along Redwood Road. Two billboards leases provide $4,000 in annual revenue. The property has visibility from Interstate 85 and is located only five miles to the city of Durham and 11 miles to Duke University.
The property is completely wooded with a 10 year old stand of loblolly pines. Falls Lake is about a mile from the property. Zoned RR.
- Visibility from Interstate 85 at exit 183
- 2,600 feet of frontage along Interstate 85 and service road
- 1,800 feet of frontage along Redwood Road
- Two income producing billboard leases ($4,000/year)
- Very convenient to Durham, Duke, and RDU
- Zoned RR
- Completely wooded with 10 year old loblolly pine
- Located next to Falls Lake
- 5 miles to Durham
- 11 miles to Duke University
- 16 miles to RDU Airport
- 21 miles to Chapel Hill, UNC
From Durham: Take Interstate 85 north 3.8 miles to exit 183. Turn left on Redwood Road and cross over the interstate. The property is on the left, just beyond the exit ramp.Uses
Investment, forestry, estate homesite, development
36.05871,-78.798527 at Redwood Road and service road
(click thumbnails to view full size images)
Disclaimer: Information taken from reliable sources and thought to be correct. Potential buyers should perform their own due diligence and verify all information.