700 Toronto AVE Active

Durham,NC 27704

$ 1100000

- Bed

- Bath

- SqFt


Key Details

Property Type Vacant Land

Sub Type Unimproved Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 4284796

Lot Size 5.930 Acres

Property Sub-Type Unimproved Commercial

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!

Location

State NC

County Durham

Zoning RU-5

Building

Lot Description Wooded

Sewer Public Sewer

Water Public

Schools

Elementary Schools E.M. Holt

Middle Schools Unspecified

High Schools Northern

Others

Acceptable Financing Cash,Conventional,Owner Financing,Other - See Remarks

Listing Terms Cash,Conventional,Owner Financing,Other - See Remarks

Special Listing Condition None

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