Holloway Street Assemblage
Land | 1.84 acres
Marketing description
SVN | Real Estate Associates is pleased to present this ±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 former/vacant restaurant 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.
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.
Investment highlights
Prime Corner Location: Highly visible assemblage at a signalized intersection along Holloway Street, just off the highway (Interstate 885).
High Traffic Counts: Excellent exposure with ±19,000 vehicles per day (NCDOT 2024) along Holloway Street, making the property ideal for retail or restaurant use.
Redevelopment Potential: ±1.84 acres across six parcels with split zoning (IL & RU-5(2)); rezoning could unlock commercial or mixed-use development opportunities.
Existing Income: ±2,400 SF restaurant and two residential rentals provide holding income while pursuing future plans.
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