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2003-2013 Holloway St - Holloway Street Assemblage 1.84 Acres of Commercial Land Offered at $2,079,921 CAD in Durham, NC 27703
INVESTMENT HIGHLIGHTS
- Prime Corner Location: Highly visible assemblage at a signalized intersection along Holloway Street, just off the highway (Interstate 885)
- Redevelopment Potential: ±1.84 acres across six parcels with split zoning (IL & RU-5(2)); rezoning could unlock commercial or mixed-use development
- High Traffic Counts: Excellent exposure with ±19,000 VPD (NCDOT 2024) along Holloway Street, making the property ideal for retail or restaurant
- Existing Income: ±2,400 SF restaurant and two residential rentals provide holding income while pursuing future plans
EXECUTIVE SUMMARY
Existing improvements include a ±2,400 SF restaurant leased month-to-month and two single-family rentals (one occupied, one vacant), providing interim income and flexibility.
With split zoning (IL and RU-5(2)), the site offers multiple paths forward. Rezoning could unlock higher-value commercial or mixed-use potential, or an owner-operator could occupy the restaurant while leveraging the land and rental income for long-term investment.
Its infill location, visibility, and proximity to major corridors make this an attractive opportunity for developers, investors, or users seeking immediate income with strong upside potential.
PROPERTY FACTS
| Price | $2,079,921 CAD | Property Type | Land |
| Sale Type | Investment | Property Subtype | Commercial |
| Sale Condition | Redevelopment Project | Total Lot Size | 1.84 AC |
| No. Lots | 1 | ||
| Zoning | IL & RU-5(2) - Light Industrial | ||
| Price | $2,079,921 CAD |
| Sale Type | Investment |
| Sale Condition | Redevelopment Project |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 1.84 AC |
| Zoning | IL & RU-5(2) - Light Industrial |
1 LOT AVAILABLE
Lot
| Price | $2,079,921 CAD | Lot Size | 1.84 AC |
| Price Per AC | $1,130,391.77 CAD |
| Price | $2,079,921 CAD |
| Price Per AC | $1,130,391.77 CAD |
| Lot Size | 1.84 AC |
±1.84-acre redevelopment and investment opportunity along Holloway Street in Durham, NC. The assemblage includes six contiguous parcels at a highly visible intersection just off the highway — an area seeing steady growth and redevelopment.
DESCRIPTION
±1.84-acre redevelopment and investment opportunity along Holloway Street in Durham, NC. The assemblage includes six contiguous parcels at a highly visible intersection just off the highway — an area seeing steady growth and redevelopment.Existing improvements include a ±2,400 SF restaurant leased month-to-month and two single-family rentals (one occupied, one vacant), providing interim income and flexibility. With split zoning (IL and RU-5(2)), the site offers multiple paths forward. Rezoning could unlock higher-value commercial or mixed-use potential, or an owner-operator could occupy the restaurant while leveraging the land and rental income for long-term investment.
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $247,801 CAD | |
| Land Assessment | $400,653 CAD | Total Assessment | $648,455 CAD |
PROPERTY TAXES
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2003-2013 Holloway St - Holloway Street Assemblage
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