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Improved Mixed-Use Land for Sale in Durham, North Carolina

515 Dowd St, Durham, NC 27701

$8,000,000
3.54 acres
Active sale
ago
Est $42,676/mo

Use your imagination! This is an exciting opportunity for visionary investors, developers, and entrepreneurs! This property offers approximately 3.54 acres of land just minutes from downtown Durham. The site currently includes 2 attached brick buildings (Finished Square Footage is 53,438 and within this 53,438 Square Footage approximately 29,287 Square Footage is presently used for religious/institutional purposes. With its substantial land area, convenient location, and RU-5(2) residential zoning, this property presents an opportunity to explore a variety of residential redevelopment concepts. Potential development concepts may include: Single-family homes, Duplexes, Townhomes, Detached rowhouses, and Multiplex residential development. Prospective purchasers should independently verify zoning, permitted uses, density, development standards, subdivision requirements, utilities, environmental conditions, access, and all other applicable requirements with the City of Durham and Durham City-County Planning Department. Development potential is subject to governmental approval and site-specific due diligence. YOU DO NOT WANT TO MISS OUT ON THIS OPPORTUNITY! MAKE AN OFFER!

53,438
Sq feet
1940
Built

Location

Street address
515 Dowd St
Zip code
27701
Elevation
379 feet
Coordinates
36.0013, -78.8889

Property details

Acreage
3.54 acres
MLS #
DMLS 10187664
Posted

Property taxes

2025
$21,620

Parcels

  • 110724

Legal description

Details and features

Listing

Type
Commercial Sale

Exterior

Parking Spaces
120
Fencing
Chain Link

Structure

Water
Public
Sewer
Public Sewer
Heating
Forced Air
Cooling
Central Air, Electric
Materials
Brick

Listing history

DateEventPriceChangeSource
Aug 20, 2026New listing$8,000,000DMLS
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This 3.54-acre property is located at 515 Dowd St in Durham, NC 27701. The property is available for sale, priced at $8,000,000. It has a 53,438 square foot structure built in 1940.

Listed by Moore's Realty, (919) 835-0788

Checked 1 hour agoUpdated Source

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