For Sale · Multifamily / Land
700 Toronto Avenue
Durham, North Carolina 27704
$800,000Interested in this property?
Ask about current details, due-diligence material, or a private showing.
The opportunity
Scale-ready residential development land in Durham.
A 5.9-acre infill opportunity with RU-5 zoning, nearby utilities, and a reported path for more than 40 homes or townhomes.
Source-reviewed against the active Crexi listing on August 14, 2026. Offering details remain subject to change and independent verification. View source listing on Crexi ↗
Explore the complete property brief ↓Property brief
The facts behind the opportunity.
The Toronto Avenue site sits in a Durham growth corridor with access to Research Triangle Park, Duke University, and downtown. RU-5 zoning is reported to support six to eight units per acre.
The concept points to more than 40 single-family homes or townhomes. Utility proximity is reported by the source listing; capacity, tap availability, municipal approvals, and final site yield remain due-diligence items.
- Property type
- Multifamily, land
- Subtype
- Residential
- Tenancy
- Vacant
- Reported density
- 6–8 units per acre
- Development concept
- 40+ homes or townhomes
- Utilities
- Water, sewer, and power reported nearby
Decision points
What merits closer analysis.
- 5.9-acre vacant development site
- RU-5 zoning with reported medium-density residential potential
- Utilities reported in close proximity
- Access to RTP, Duke University, and downtown Durham
Information is believed reliable but is not guaranteed. Buyers and investors must independently verify zoning, dimensions, incentives, utilities, income, and all material facts.
