4354 Alston Ave Durham, NC 27713

Alston Oaks presents a prime 12.93-acre commercial land development opportunity in Durham, North Carolina. This property, located at 4354 S Alston Ave, Durham, NC 27713, boasts PDR 15.371 zoning, permitting the construction of up to 170 residential units, including 5% affordable housing. Its strategic location offers exceptional access to major transportation arteries, including the I-40 (109,000 VPD) and NC-55 (29,500 VPD) signalized interchange, providing convenient commutes. Situated just 0.25 miles from Research Triangle Park (RTP), the property benefits from the proximity to over 60,000 employees and numerous major employers such as RTI International, Wolfspeed, and IBM. This location within the rapidly growing Southeast Durham area, near RTP, ensures strong rental comparables, with nearby communities averaging $1.80 per square foot. The site's access via Westpark Drive (a private street) with a traffic signal at NC-55 further enhances its appeal. Alston Oaks offers developers a unique chance to capitalize on the thriving RTP area, with its young, highly educated workforce and abundant amenities. Nearby shopping centers like Streets at Southpoint, Ellis Crossing, and Parkside Town Commons provide residents with ample retail options. The property's proximity to RDU airport (10 minutes) adds to its overall desirability. This exceptional location combines convenient highway access, proximity to employment centers, and a wealth of nearby amenities, making Alston Oaks an unparalleled investment opportunity.