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Prime Durham Commercial Land Assemblage
For Sale
$1,500,000

507 S Alston Ave, Durham, NC 27703

Commercial land assemblage in Durham, NC, near key business hubs.

Property SizeContact for details
Days on Market173

Property Features for 507 S Alston Ave

General Information

Standard status Active
Listing Agency: m2 realty inc.
Listed By: Melonie Mickle · License #271272
Source: Rubyhenderson
Added: Mar 26 Changed: Sep 8 Last Checked: Sep 14 at 6:20PM

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 m2 realty inc.

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

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Current Use

Commercial land

Suggested Use

Top Pick Building Supply HVAC Service Kitchen & Bath Showroom Bakery (Bike/Boat/Book/etc) Store Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

750
Businesses Nearby

Demographics for 27703, NC

61,539
Population
27,122
Households
2.3
Avg Household Size
36
Median Age
45%
College-Educated
88%
High-School Grad
49.1 sq mi
ZIP Area
1,253
Density / Sq Mi
$86,953
Median Household Income
$51,462
Median Earnings
$1,469
Median Rent
$340,500
Median Home Value
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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.
More about this property
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