SW Durham Redevelopment Opportunity

1426 E. NC-54 Hwy, Durham, NC 27713

Property Information

  • For Sale $989,000
  • Property Type VacantLand
  • Property Size 1,440 SF
  • Lot Size 0.86 Acre
  • Date Updated Jul 24, 2026

Description

Located in the highly-trafficked The Streets at Southpoint area on NC-54, parallel to I-40 between Fayetteville Rd and Hwy 55. The property is surrounded by residential communities and sits across from a preschool and a new multifamily development. A signalized intersection one block east of the property serves as the main entrance to Parkwood, a classic Durham planned community with 3,500+ residents.The property currently operates as an income-producing office with clear redevelopment potential. Existing cash flow provides a valuable holding opportunity while future plans are evaluated. Located in the highly trafficked Streets at Southpoint corridor on NC-54, just off I-40 between Fayetteville Road and Hwy 55, the property is surrounded by established neighborhoods and sits across from a preschool and a new multifamily development. A signalized intersection one block east serves as the main entrance to Parkwood, a planned community with 3,500+ residents, enhancing both visibility and accessibility.

Highlights

  • Covered land play with in-place income and high visibility on NC-54
  • Drive-thru potential for select users (contact broker for more details)
  • Two office buildings on site, totaling ±4,706 SF

Contacts

Location

Located at 1426 E. NC-54 Hwy, Durham, NC 27713, this property is part of the Parkwood neighborhood and Raleigh Durham market.

Contact Listing Broker
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