700 Toronto Ave
Multifamily | Single Family Land Development Opportunity in Booming Durham NC
Marketing description
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 in close proximity (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.
Act now – this scale-ready land won’t last in Durham’s path of progress!
Click here for the property video: https://listings.nextdoorphotos.com/vd/202899961
Investment highlights
- ZONED RU-5 FOR HIGH-DENSITY DEVELOPMENT (6-8 SFH, TWNH)
- UTILITIES IN CLOSE PROXIMITY
- PRIME LOCATION IN GROWTH CORRIDOR, MINUTES FROM RTP, DUKE, AND DOWNTOWN
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