COLEMILL AERIAL - 1513 Cole Mill Road, Durham, NC 27705, Durham
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16 photos

$475,000

1513 Cole Mill Road, Durham, NC 27705
Durham, NC 27705
Listed by Thomas Furlow · Deaton Investment Real Estate
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
N/A

About this home

1.15 acre site in Durham, across from Croasdaile Country Club. With a 1-mile median household income above $110,000 and new-construction homes in Croasdaile ranging from $1m to $3m, this affluent location is prime for residential redevelopment. The site is located within a five-minute drive of Downtown Durham and Duke University in addition to multiple retail, dining, and entertainment options. Additionally, the site offers immediate access to I-85, connecting residents with ease to the greater Raleigh-Durham-Chapel Hill and Research Triangle Park employment centers. The offering consists of three parcels at 1513, 1515, and 1519 Cole Mill Road and includes three rental homes that are leased for a combined $2,950 per month.

Property details

MLS #
10148593
Property type
Unimproved Land
Subdivision
Not in a Subdivision
Status
Active
Days on market
229
On market date
February 25, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
1.15 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
Easley Elementary
3.16 mi away · Grades 0-5
Zoned school (attendance boundary, 2015-16 data)
4.0
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: B (2025)
Enrollment
461
Student:teacher ratio
12.8:1
District
Durham Public Schools
Middle
Brogden Middle
2.68 mi away · Grades 6-8
Zoned school (attendance boundary, 2015-16 data)
2.6
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: D (2025)
Enrollment
695
Student:teacher ratio
14.8:1
District
Durham Public Schools
High
City of Medicine Academy
3.15 mi away · Grades 9-12
Zoned school (attendance boundary, 2015-16 data)
4.7
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: A (2025)
Enrollment
352
Student:teacher ratio
14.1:1
District
Durham Public Schools

Walkability

Blended score for Durham's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

58
Somewhat walkable
out of 100
EPA National Walkability Index
9.2 / 20 -- Below average walkable
Google Places amenity density
75 / 100
Restaurants & cafes6
Grocery stores5
Parks2
Schools3
Transit stops4
Pharmacies1

Market position

How this listing compares to current activity in Durham, from live MLS data.

On the market 229 days -- 115 more days than Durham's current average of 114 days.
For reference, the median list price across 1,688 active listings in Durham right now is $375,000.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$3,011/mo
$95,000 down
$380,000 loan
Principal & interest$2,465
Property tax (est.)$396
Home insurance (est.)$150

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Data source: Listing information provided by Doorify MLS via Trestle/CoreLogic. Last updated September 1, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.