13
  • Property Type
  • Unimproved Commercial, Land

700 Toronto Avenue, Durham, NC 27704

  • $988,000

Description

Rare opportunity to acquire 5.9 prime acres in Durham, NC – one of America’s fastest-growing markets! This RU-5 zoned land allows up to 8 units per acre, offering potential for 40+ single-family homes or high-demand townhomes to meet urgent housing needs. Utilities are already on-site (water, sewer, power), eliminating costly delays. Durham’s explosive population growth (#2 hottest U.S. housing market forecast) guarantees intense demand, with strategic proximity to RTP, Duke University, and downtown revitalization. Perfect for developers seeking high-density yields, investors capitalizing on 8% annual growth, or builders addressing critical housing supply gaps. Due diligence materials available under NDA. Act now – this scale-ready land won’t last in Durham’s path of progress!

  • Address: 700 Toronto Avenue
  • City: Durham
  • State/county: NC
  • Zip/Postal Code: 27704

Details

Updated on March 26, 2026 at 9:33 pm
  • Property ID 4362350
  • Price $988,000
  • Garage Size x x
  • Property Type Unimproved Commercial, Land
  • Property Status Active, For Sale

Additional details

  • Listing Terms Cash,Conventional,Owner Financing,Other - See Remarks
  • Sewer Public Sewer
  • County Durham
  • Property Type Land
  • Elementary School E.M. Holt
  • Middle School Unspecified
  • High School Northern

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The Simpson Group Realty
  • The Simpson Group Realty

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