700 Toronto Avenue

Durham, North Carolina 27704

$800,000

Offering$800,000

PropertyMultifamily / Land

ScaleDevelopment site

Site5.9 acres

The opportunity

Scale-ready residential development land in Durham.

A 5.9-acre infill opportunity with RU-5 zoning, nearby utilities, and a concept path for more than 40 homes or townhomes.

Investment brief

Property intelligence for the next conversation.

The Toronto Avenue site offers 5.9 acres in a growth corridor near Research Triangle Park, Duke University, and downtown Durham. RU-5 zoning supports a higher-density residential concept, subject to municipal review and final site planning.

Water, sewer, and power are reported in close proximity. The opportunity is suited to developers and investors evaluating single-family or townhome delivery in a market with sustained housing demand.

Zoning: RU-5
Class / use: Vacant land
Configuration: Up to 8 units / acre
Capacity: 40+ home potential
Infrastructure: Utilities nearby
Occupancy: Vacant

Decision points

What merits closer analysis.

RU-5 zoning with a reported density of six to eight units per acre
Potential for more than 40 single-family homes or townhomes
Utilities reported in close proximity
Access to RTP, Duke University, and downtown Durham
Vacant site ready for development underwriting

Evaluate the fit

Put this opportunity through your strategy.

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Information is believed reliable but is not guaranteed. Buyers and investors must independently verify zoning, dimensions, incentives, utilities, income, and all material facts.