
Durham, NC700 Toronto Avenue
Price$800,000
Est. Mortgage: $/month
MLS Number CAR4362350
- Land
- Acreage 5.93
- County Durham
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!
Listed by Ola van Zyl and Mike Morrell of Keller Williams Connected
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