107 Lynbrook Cir, Durham, NC 27712

Property Description

Northern Durham 1/2 lot that is buildable with a creative plan. Property located in a federally identified flood plain zone. Flood insurance required along with remediation plans. Zoning is R-20. Site plan approval will need to incorporate the challenging topography and no perc test on record. Tax assessed value reflects a 30% adjustment based on residual value of the market value due to the 500 yr flood plain and 1% inundation from flooding. Buyer should review Durham County UDO regarding permitted guidelines for site building prior to submitting an offer to purchase. Private road maintenance agreement being researched. Gravel provided by Lynbrook Circle property owners. Established community within reasonable distance of Duke Regional Hospital, new Publix and mixed-use retail commercial center located at Latta and Guess Roads. 15-501 retail and commercial centers within 4-5 miles of subject property. Seller has marketed the site as camping recreational use. Privacy screen erected to enhance the experience of tranquility along the creek bed. Picnic table and tent onsite. Property boundary markers with flagged stakes visible.