507 S Alston Ave, Durham, NC 27701

Listing office M Squared Realty

Listing date Sep 9, 2024

Source Crexi

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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 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.

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

-78.8903117

Latitude

35.9813157

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FAQs

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.