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Franklin Bellamy

franklin@unlockingre.com +1(704) 904-5142

$ 800,000

Est. payment -/mo

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Active

700 Toronto AVE Durham, NC 27704

5.93 Acres Lot

UPDATED:

Key Details

Property Type Vacant Land

Sub Type Acreage

Listing Status Active

Purchase Type For Sale

MLS Listing ID 4362350

Lot Size 5.930 Acres

Acres 5.93

Property Sub-Type Acreage

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

Virtual Tour https://listings.nextdoorphotos.com/vd/202899961

Listed by Ola van Zyl • Keller Williams Connected • ola@dreamteamunited.com

NEARBY SCHOOLS & PROPERTIES

This is the second house that we've purchased using Franklin's services. We've enjoyed working with him both times. He truly tries to help you find exactly what you are looking for. Franklin is very dedicated to his customer's needs, attentive to details, extremely knowledgeable and has great work ethics. And overall Franklin is a good guy. If you need to buy or sell property with minimal stress, I strongly recommend you call Franklin. "-

Iryna T.

+1(704) 904-5142

franklin@unlockingre.com

1800 Central Ave, Charlotte, NC, 28205, USA