Mixed-Use Land for Sale in Durham, North Carolina
700 Toronto Ave, Durham, NC 27704
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!
Location
- Street address
- 700 Toronto Ave
- County
- Durham County
- Elevation
- 348 feet
Directions
From US-501 BUS N, turn right onto E Club Blvd, turn left onto Glenbrook Dr, turn right to stay on Hinson Dr, turn left on Da Vinci St, continue straight until reaching parcel at the end of the road
Property details
- Acreage
- 5.93 acres
- MLS #
- CMLS 4284796
- Posted
Parcels
- 129354
Legal description
PROP-BELVIN D L EST/TR#04/LT#122-127
Details and features
Listing
- Type
- Commercial Sale
- Franchise
- Keller Williams Realty
Lot
- Features
- Wooded
Structure
- Water
- Public
- Sewer
- Public Sewer
Nearby schools
| Name | Level | District | Description |
|---|---|---|---|
| E.M. Holt | Elementary | — | — |
| Northern | High | — | — |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Nov 24, 2025 | Back on market | $998,000 | — | CMLS |
| Aug 27, 2025 | Under contract | $1,100,000 | — | CMLS |
| July 26, 2025 | New listing | $1,100,000 | — | CMLS |
