LOT SIZE 5.930 acres
MLS#4362350
STATUSActive
PROPERTY TYPELand - Residential
Property Description
Rare opportunity to acquire 5.9 prime acres in Durham, NC ? one of America's fastest-growing markets! This RU-5 zoned land allows up to 8 units per acre, offering potential for 40+ single-family homes or high-demand townhomes to meet urgent housing needs. Utilities are already on-site (water, sewer, power), eliminating costly delays. Durham's explosive population growth (#2 hottest U.S. housing market forecast) guarantees intense demand, with strategic proximity to RTP, Duke University, and downtown revitalization. Perfect for developers seeking high-density yields, investors capitalizing on 8% annual growth, or builders addressing critical housing supply gaps. Due diligence materials available under NDA. Act now ? this scale-ready land won't last in Durham's path of progress!
Property Features
Property Type: Land - Residential
Lot Size: 5.93 Acres
Feature Descriptions
Days on Site: 24
Lot: Wooded
Parcel#: 129354
Sewer: Public Sewer
Water: Public
Local Schools
High School: Northern
Middle School: Unspecified
Elementary School: E.M. Holt
Listed By / Shown By
Listed By
Agency Name: Keller Williams Connected
Agency Contact: ola@dreamteamunited.com
Shown By
Agency Title: Lake Norman Realty
Agency Phone: 704-450-1175
Estimate Your Payment
Estimated Payment
$ 5,546.72 per month $5,258.55 Principal & Interest $0.00 Property Tax (data not provided by mls) $288.17 Homeowner's Insurance
700 Toronto Avenue | MLS# 4362350
This land located at 700 Toronto Avenue, Durham, NC 27704 is currently listed for sale with an asking price of $988,000. The property has approximately 5.93 Acres. Search Durham real estate on www.lakenormanrealty.com today.