700 Toronto Avenue
700 Toronto Avenue
Durham, NC 27704
$1,100,000
- Lot Size: 5.93 Acres
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 Summary
| Property Type: | Land | Property Subtype : | Unimproved Commercial |
| Lot Size : | 5.93 Acres |
Property Features
- Wooded
More Information
- Water Source : Public
- Road : Publicly Maintained Road
- Listing Terms : Cash, Conventional, Owner Financing, Other - See Remarks
- Possible Use : Commercial, Multi-Family, Residential, Subdevelopment
Based on information submitted to the MLS GRID as of 07-26-2025 14:55:04 UTC All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.