507 S Alston Avenue Durham, NC 27703

Listing agent Melonie Mickle License #271272 Show Phone

Listing office m2 realty inc. M***@meloniemickle.com 2703 Jones Franklin Road Suite, Raleigh, NC Show Phone

Listing date Sep 7, 2024

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MLS# 10051308

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Investment Insights

Based on property information with market context.

This commercial land assemblage includes multiple adjacent parcels at 1200 Mint Street and 601, 507, 509, and 603 S Alston Avenue. The offering is currently zoned for commercial use and totals 1.29 acres, with development plans pending necessary city and county approvals.

The parcels are located in Durham and are described as being about 1.4 miles from Downtown Durham and 3 miles from Duke University, with Research Triangle Park approximately 7.2 miles away. The remarks also note proximity to major highways including 147 (Durham Freeway), I-85, I-40, and I-540 for access to the Raleigh, Chapel Hill, and broader regional areas.

The assemblage is positioned for development of commercial uses, with the exact program identified as retail, office, or mixed-use subject to approval.

Key Highlights

• Multiple adjacent commercial parcels at 1200 Mint St, 603 S Alston Ave, 601 S Alston Ave, 509 S Alston Ave, and 507 S Alston Ave
• Commercial zoning in place, with future development pending necessary city and county approvals
• Near Downtown Durham (1.4 miles), Duke University (3 miles), and Research Triangle Park (7.2 miles)

Property Analytics

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FAQs

What type of property is this?

Commercial land - Multiple adjacent commercial parcels offered for future development, subject to city and county approvals.

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: Multiple adjacent commercial parcels at 1200 Mint St, 603 S Alston Ave, 601 S Alston Ave, 509 S Alston Ave, and 507 S Alston Ave; Commercial zoning in place, with future development pending necessary city and county approvals; Near Downtown Durham (1.4 miles), Duke University (3 miles), and Research Triangle Park (7.2 miles)