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Mixed-Use Land for Sale in Durham, North Carolina

507 S Alston Ave, Durham, NC 27701

$1,500,000
1.29 acres
Active
Est $11,151/mo

The Alston Avenue Assemblage presents a unique commercial land opportunity in the heart of Durham, NC. This offering includes multiple adjacent parcels located at 1200 Mint Street, 603 S Alston Avenue, 601 S Alston Avenue, 509 S Alston Avenue, and 507 S Alston Avenue. With a prime location just 1.4 miles from Downtown Durham, 3 miles from Duke University, and 7.2 miles from Research Triangle Park, this assemblage provides excellent access to some of the region's key economic and business hubs. Its proximity to major highways, including 147 (Durham Freeway), I85, I40, and I540, ensures strong connectivity to Raleigh, Chapel Hill, and beyond. Currently zoned for commercial use, this property is well-positioned for future development, pending necessary city and county approvals. Its location in a high-growth area surrounded by major employers such as Apple, Vinfast, and Wolfspeed makes it an attractive investment opportunity for developers. The assemblage's flexible use potential, coupled with Durham's ongoing economic expansion, offers significant long-term value. Whether for retail, office, or mixed-use development, this property provides investors with a prime opportunity to contribute to Durham's continued growth. Contact us for more information or to schedule a viewing.

Location

Street address
507 S Alston Ave
Elevation
387 feet
Coordinates
35.9813, -78.8903

Property details

Acreage
1.29 acres
MLS #
DMLS 10051308
Posted

Details and features

Listing

Type
Land
Franchise
Independent

Lot

Features
City Lot, Corner Lot

Listing history

DateEventPriceChangeSource
Sept 7, 2024New listing$1,500,000DMLS
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This 1.29-acre property is located at 507 S Alston Ave in Durham, NC 27701. The property is available for sale for $1,500,000 with a price per acre of $1,162,791.

Checked 56 mins ago — Updated

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