507 S Alston Avenue, Durham, NC 27703

Listing office m2 realty inc. Show Phone

Listing date Sep 7, 2024

Source Exitrealty

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Overview

The Alston Avenue Assemblage offers a commercial land opportunity in Durham, NC, comprising multiple adjacent parcels at 1200 Mint Street, 603 S Alston Avenue, 601 S Alston Avenue, 509 S Alston Avenue, and 507 S Alston Avenue. Situated 1.4 miles from Downtown Durham, 3 miles from Duke University, and 7.2 miles from Research Triangle Park, the location provides access to key economic and business hubs. Proximity to highways 147 (Durham Freeway), I85, I40, and I540 ensures connectivity to Raleigh and Chapel Hill. The property is currently zoned for commercial use and is positioned for future development, subject to city and county approvals. Located in a high-growth area near major employers such as Apple, Vinfast, and Wolfspeed, it presents an investment opportunity for developers. The assemblage's flexible use potential and Durham's economic expansion offer long-term value. Potential uses include retail, office, or mixed-use development.

Suggested Use

Kitchen & Bath Showroom Discount Store Building Supply HVAC Service Accounting Firm (Bike/Boat/Book/etc) Store Bakery Auto Parts Store Big Box & Wholesale Store Spa & Massage Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Durham

County

Durham

State

North Carolina

Longitude

-78.8903

Latitude

35.9813

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FAQs

What type of property is this?

Commercial land - Commercial land assemblage in Durham, NC, near downtown and universities.

Where is this commercial land located?

The property is located at 507 S Alston Avenue Durham, NC.

What is the asking price?

The asking price for this property is $1,500,000.

What are key features of this property?

This property features: Prime location: just 1.4 miles from Downtown Durham, 3 miles from Duke University, and 7.2 miles from Research Triangle Park.; Multiple adjacent parcels offer a unique commercial land opportunity.; Excellent access to major highways: 147, I85, I40, and I540, providing strong connectivity to Raleigh and Chapel Hill.