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Listed by m2 realty inc.
$ 1,500,000
Est. payment /mo
Active
507 S Alston AVE Durham, NC 27703
UPDATED:
Key Details
Property Type Vacant Land, Commercial
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 10051308
HOA Y/N No
Annual Tax Amount $185,287
Acres 1.29
Lot Dimensions 1.29 acre assemblage
Property Sub-Type Unimproved Land
Source Doorify MLS
Property Description
The Alston Avenue Assemblage presents a unique commercial land opportunity in the heart of Durham, NC. This offering includes multiple adjacent parcels located at 1200 Mint Street, 603 S Alston Avenue, 601 S Alston Avenue, 509 S Alston Avenue, and 507 S Alston Avenue. With a prime location just 1.4 miles from Downtown Durham, 3 miles from Duke University, and 7.2 miles from Research Triangle Park, this assemblage provides excellent access to some of the region's key economic and business hubs. Its proximity to major highways, including 147 (Durham Freeway), I85, I40, and I540, ensures strong connectivity to Raleigh, Chapel Hill, and beyond. Currently zoned for commercial use, this property is well-positioned for future development, pending necessary city and county approvals. Its location in a high-growth area surrounded by major employers such as Apple, Vinfast, and Wolfspeed makes it an attractive investment opportunity for developers. The assemblage's flexible use potential, coupled with Durham's ongoing economic expansion, offers significant long-term value. Whether for retail, office, or mixed-use development, this property provides investors with a prime opportunity to contribute to Durham's continued growth. Contact us for more information or to schedule a viewing.
Location
State NC
County Durham
Area 1.29
Interior
Fireplace No
Exterior
Garage No
Building
Lot Description City Lot, Corner Lot, See Remarks
New Construction No
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
