1511 E Geer St, Durham, NC 27704

Property Description

Redevelopment opportunity consisting of two adjoining parcels at 1509 and 1511 E. Geer Street, offered together as an approximately 0.88-acre commercial assemblage with roughly 125 feet of combined road frontage. Zoned CG—Commercial General—the property offers potential for office, medical/dental, neighborhood retail, mixed-use or multifamily development, subject to applicable standards and governmental approvals. The assemblage provides convenient access to I-885, Downtown Durham, RTP, Duke University and major employment centers throughout the Triangle. The existing structure is damaged, conveys strictly as-is and is expected to require demolition; the primary value is in the combined land and redevelopment potential. Buyer should independently verify zoning, permitted uses, utilities, access, survey, acreage, floodplain, stream and riparian buffers, stormwater requirements and overall development feasibility with Durham City-County Planning and other appropriate professionals.