Prime Durham Commercial Land
For Sale
Contact for pricing
Pending
507 S Alston Ave, Durham, NC 27701
Commercial land assemblage in Durham, NC, near key business hubs.
Property SizeContact for details
Days on Market713
Property Features for 507 S Alston Ave
General Information
Standard status
Pending
Property subtype
Land
Listing Agency:
M Squared Realty
(919) 524-3733
Listed By:
Melonie Mickle · License #NC 271272
Source:
Crexi
Added: Sep 9, 2024
Changed: Aug 21
Last Checked: Aug 19 at 12:53AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of M Squared Realty
Investment Insights
Based on property information with market context.
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 regional economic and business centers. Connectivity to Raleigh and Chapel Hill is facilitated by proximity to highways 147 (Durham Freeway), I85, I40, and I540. The property is zoned for commercial use and is positioned for development, subject to city and county approvals. Located in a high-growth area near major employers such as Apple, Vinfast, and Wolfspeed, the assemblage presents an investment opportunity for developers. The property's flexible use potential and Durham’s economic expansion offer long-term value for retail, office, or mixed-use development.
Key Highlights
- Prime location: just 1.4 miles from Downtown Durham, 3 miles from Duke University, and 7.2 miles from Research Triangle Park.
- Excellent access to major highways 147, I85, I40, and I540 offers strong connectivity to Raleigh and Chapel Hill.
- Located in a high‑growth area, near major employers such as Apple, Vinfast, and Wolfspeed.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
750
Businesses Nearby
Explore this area
Business Placement
Demographics for 27701, NC
25,208
Population
13,409
Households
1.9
Avg Household Size
34
Median Age
50%
College-Educated
85%
High-School Grad
5.2 sq mi
ZIP Area
4,848
Density / Sq Mi
$66,852
Median Household Income
$47,681
Median Earnings
$1,279
Median Rent
$457,600
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Commercial land assemblage in Durham, NC, near key business hubs.
Where is this commercial land located?
The property is located at 507 S Alston Ave 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.; Excellent access to major highways 147, I85, I40, and I540 offers strong connectivity to Raleigh and Chapel Hill.; Located in a high‑growth area, near major employers such as Apple, Vinfast, and Wolfspeed.
