700 Toronto Avenue, Durham, NC 27704

Local realty services provided by:Better Homes and Gardens Real Estate Foothills
Listed by: mike morrell, ola van zyl
Office: keller williams connected
MLS#:4284796
Source:CH
700 Toronto Avenue,Durham, NC 27704
$998,000
Virtual Tour
  • 5.93 Acres
  • Lots / Land
  • Active

Price summary

  • Price:$998,000

About this home

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!

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Home facts

  • Listing ID #:4284796
  • Updated:November 24, 2025 at 06:07 PM

Structure and exterior

  • Lot area:5.93 Acres

Schools

  • High school:Northern
  • Elementary school:E.M. Holt

Utilities

  • Water:Public Water
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$998,000
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