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About This Home
This 0-bedroom, 0-bathroom commercial at 700 Toronto Avenue in Durham, NC is listed for $988,000. on a 5.93 acres lot.
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!
Key Features
- 5.93 acre lot
Monthly Cost Estimate
$5,284/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
700 Toronto Avenue
Durham, NC 27704
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 700 Toronto Avenue is listed at $988,000. The estimated monthly payment is $4,281 based on 20% down at 6.5% interest.
Key features include: 5.93 acre lot.
This property is listed by Ola van Zyl and can be reached at 8436665250 or ola@dreamteamunited.com.