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700 Toronto AVE Durham, NC 27704
5.93 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Unimproved Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 4284796
Lot Size 5.930 Acres
Acres 5.93
Property Sub-Type Unimproved Commercial
Property Description
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
State NC
County Durham
Zoning RU-5
Exterior
Street Surface Concrete
Building
Lot Description Wooded
Sewer Public Sewer
Water Public
Schools
Elementary Schools E.M. Holt
Middle Schools Unspecified
High Schools Northern
Others
Senior Community false
Restrictions No Representation
Acceptable Financing Cash, Conventional, Owner Financing, Other - See Remarks
Listing Terms Cash, Conventional, Owner Financing, Other - See Remarks
Special Listing Condition None
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© 2025 Listings courtesy of Canopy MLS as distributed by MLS GRID. All Rights Reserved.
Listed by Mike Morrell • Keller Williams Connected • [email protected]