507 Alston Ave Durham, NC 27701
- Commercial land
- 0.18 lot acres
Current Use by Public Records
- Commercial land
Property Details for 507 Alston Ave
- Lot size
- 0.18 lot acres
- Zone code
- CN
- Property type
- Commercial land
- APN
- 119138
- APU
- 119138
Description
This exceptional 1.29-acre commercial land assemblage in Durham, NC, presents a compelling investment opportunity. Strategically located at 507 S Alston Ave and encompassing multiple adjacent parcels (1200 Mint Street, 603 S Alston Avenue, 601 S Alston Avenue, and 509 S Alston Avenue), this property enjoys unparalleled access to Durham's thriving business environment. Just 1.4 miles from Downtown Durham, 3 miles from Duke University, and 7.2 miles from Research Triangle Park, it benefits from exceptional connectivity to major employers like Apple, Vinfast, and Wolfspeed. The site's proximity to key highways – 147 (Durham Freeway), I-85, I-40, and I-540 – ensures seamless regional access. Currently zoned for commercial use, this assemblage is ideally suited for diverse development projects, subject to necessary city and county approvals. Its location within a high-growth area, combined with the flexible use potential, promises significant long-term value for investors seeking to capitalize on Durham's continued economic expansion. The property's potential applications range from retail and office spaces to mixed-use developments, making it an attractive proposition for developers looking to contribute to Durham's ongoing growth. The assemblage's strategic location and development potential offer a unique chance to invest in a vibrant and expanding market. Detailed information and site visits are available upon request.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Durham
- County
- Durham
- State
- North Carolina
- Longitude
- -78.8903
- Latitude
- 35.9813
- CBSA code
- 20500
- CBSA name
- DURHAM-CHAPEL HILL, NC METROPOLITAN STATISTICAL AREA