Active
507 S Alston Avenue
Durham NC, 27703
$1,500,000
Active
Commercial
Listing courtesy of m2 realty inc.
The Alston Avenue Assemblage presents a unique commercial land opportunity in the heart of Durham, NC. This offering includes multiple adjacent parcels located at 1200 Mint Street, 603 S Alston Avenue, 601 S Alston Avenue, 509 S Alston Avenue, and 507 S Alston Avenue. With a prime location just 1.4 miles from Downtown Durham, 3 miles from Duke University, and 7.2 miles from Research Triangle Park, this assemblage provides excellent access to some of the region's key economic and business hubs. Its proximity to major highways, including 147 (Durham Freeway), I85, I40, and I540, ensures strong connectivity to Raleigh, Chapel Hill, and beyond. Currently zoned for commercial use, this property is well-positioned for future development, pending necessary city and county approvals. Its location in a high-growth area surrounded by major employers such as Apple, Vinfast, and Wolfspeed makes it an attractive investment opportunity for developers. The assemblage's flexible use potential, coupled with Durham's ongoing economic expansion, offers significant long-term value. Whether for retail, office, or mixed-use development, this property provides investors with a prime opportunity to contribute to Durham's continued growth. Contact us for more information or to schedule a viewing.
10051308
MLSⓇ ID
September 7, 2024
Listed
October 20, 2024
Updated
Map
507 S Alston Avenue
Durham NC, 27703
Interior Features
Fireplace
No
Cooling
Yes
Heating
Yes
Exterior/Building Features
Lot Size
1.29 Acres
Lot Features
City Lot, Corner Lot, See Remarks
Other Property Details
Taxes
$185,287
Tax Frequency
Annually
Days on Market
43
Garage
No
View
No
County
Durham
Pool
No
Listed by Melonie Mickle, , m2 realty inc.
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Data last updated 6:10 PM UTC, 10/20/2024