2109 Langdon Rd

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OFF-MARKET LAND DEAL PACKET

Assignment Opportunity – Raleigh, NC

Property Addresses:

2109 Langdon Rd, Raleigh, NC 27604

2105 Langdon Rd, Raleigh, NC 27604

Parcel Size:

~0.48 acres each (developable separately)

Zoning:

Residential

Utilities:

Sewer: At the street
Water: Nearby (must be extended before sewer tap-in allowed per City of Raleigh)

Flood Zone Info:

Both parcels are located in a flood zone
Parcels must be no more than 0.5 acres individually to be developed Must be developed separately

Road Access:

Paved road access available

Parcel Condition:

Vacant land - both lots are buildable with appropriate approvals and development plan
 

Photos & Maps:

Flood map and aerial view available upon request

Seller Terms:

Buyer will assume the original agreement terms: - $200 Due Diligence Fee (non-refundable)
- $300 Earnest Money
- Due Diligence Ends: July 15, 2025
- Closing Deadline: July 30, 2025 - Total Price to Buyer: $75,000

Potential Exit Strategies:

Sell individually to builders or developers
Hold and market to infill developers
Ideal for residential use under Raleigh's lot development rules

Market/Comps:

Similar lots in the area have sold between $40,000-$60,000
High demand for buildable lots under 0.5 acres in Raleigh due to flood zone development limitations

Call to Action:

Serious cash buyers only. Must be ready to close in 45 days or less. Contact Nikita to request deal documents, flood maps, or to submit an offer.

Resources:

• The listing price is based on our Cash Offer Calculator.
• Run this scenario through our DSCR Calculator.
• Run this scenario through our Fix and Flip Calculator.

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