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700 Toronto Ave
Durham, NC 27704
Residential Development Opportunity · Land For Sale
·
5.93 AC
Executive Summary
Rare opportunity to acquire 5.9 prime acres in Durham, NC – one of America’s fastest-growing markets! This RU-5 zoned land allows 6 to 8 units per acre, offering potential for 40+ single-family homes or high-demand townhomes to meet urgent housing needs. Utilities are in close proximity. 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 population and income growth, or builders addressing critical housing supply gaps.
Property Facts
1 Lot Available
Lot LT#122-127
| Price | $1,112,216 CAD | Lot Size | 5.93 AC |
| Price Per AC | $187,557.50 CAD |
| Price | $1,112,216 CAD |
| Price Per AC | $187,557.50 CAD |
| Lot Size | 5.93 AC |
Raw Land. Wooded.
Property Taxes
| Parcel Number | 129354 | Improvements Assessment | $0 CAD |
| Land Assessment | $191,304 CAD | Total Assessment | $191,304 CAD |
Property Taxes
Parcel Number
129354
Land Assessment
$191,304 CAD
Improvements Assessment
$0 CAD
Total Assessment
$191,304 CAD
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