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3613 S Alston Ave - 3613 S Alston Avenue 1.81 Acres of Commercial Land Offered at $650,000 in Durham, NC 27713

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INVESTMENT HIGHLIGHTS

  • Frontage on S Alston Ave.

EXECUTIVE SUMMARY

Located at the corner of S. Alston Avenue and Cornwallis Road between NC Hwy. 55 and Research Triangle Park are 1.81 acres ideal for redevelopment with excellent visibility. Parcel # 157067 has 330' along Cornwallis Road, 475' along S. Alston including the lots having a rental house between the two vacant lots and then 265' of depth from S. Alston to Old Cornwallis Road. It appears to be approximately 230' back to Cornwallis Road along Old Cornwallis Road. Current zone is O-I with Future Land Use designated Commercial, Suburban in the Suburban Tier of the UDO. Municipal water/sewer service is on S. Alston Avenue. An for a major trunk water line running to RTP is on the property at Cornwallis Road. The neighbor hood is mostly large scale industrial warehouses serving the Research Triangle with a pocket of single family homes on Alston Avenue with the SCX Railroad between them and Hwy. 55. The site is suitable for office and commercial uses including warehouses, lodges and daycare. House removed from site next to apartments under construction. Approximately 21 apartments can be built in the current zone.

PROPERTY FACTS

Price $650,000
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Commercial
Total Lot Size 1.81 AC
Zoning OI-2 - Office/Industrial

1 LOT AVAILABLE

Lot

Price $650,000
Price Per AC $359,116.02
Lot Size 1.81 AC

Located at the corner of S. Alston Ave & Cornwallis Rd between NC Hwy 55 & RTP with 330' along Cornwallis and 475' on Alston being 1.81 acres. Ideal for office/commercial use. Includes ID # 157067, 157066 and 157065.

DESCRIPTION

Municipal water/sewer service is on S. Alston Avenue. Waterline easement running to RTP is on the property at Cornwallis. The neighbor hood is mostly large scale industrial warehouses serving the Research Triangle with a pocket of single family homes on Alston Ave with the SCX Railroad between them and Hwy. 55. The site is suitable for office and commercial uses including warehouses.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
157067
Land Assessment
$170,000
Improvements Assessment
$0
Total Assessment
$170,000
  • Listing ID: 24839637

  • Date on Market: 1/14/2022

  • Last Updated:

  • Address: 3613 S Alston Ave, Durham, NC 27713

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