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3718 S Alston Ave - 3718 S Alston Ave 3.66 Acres of Commercial Land Offered at $1,500,000 in Durham, NC 27713
Investment Highlights
- 3.66 acre commercial parcel situated along a high-traffic commercial and industrial corridor in Durham, just minutes from Research Triangle Park (RTP)
- Parcel is zoned Commercial Neighborhood (CN). Zoning supports low-intensity, pedestrian-oriented commercial development serving nearby residential are
- Public sewer and water have been extended to the site
Executive Summary
3.66 acre commercial parcel situated along a high-traffic commercial and industrial corridor in Durham, just minutes from Research Triangle Park (RTP)
9,400 AADT on S Alston Ave. 27,5000 AADT on NC-55
Public sewer and water have been extended to the site
Parcel is zoned Commercial Neighborhood (CN). Zoning supports low-intensity, pedestrian-oriented commercial development serving nearby residential area
Permitted Uses: Local Retail, Professional Services, Neighborhood Services (e.g., Barber Shop), Restaurant (No Drive-Thru), Medical/Dental/Business Offices, and Community Uses (e.g., Library, Community Center)
Multifamily is permitted, typically when incorporated above ground-floor commercial uses
Directly across the street from Research Tri-Center, one of the largest Industrial developments in Raleigh/Durham
Adjacent to the 336-unit Elevate the Park apartment complex
9,400 AADT on S Alston Ave. 27,5000 AADT on NC-55
Public sewer and water have been extended to the site
Parcel is zoned Commercial Neighborhood (CN). Zoning supports low-intensity, pedestrian-oriented commercial development serving nearby residential area
Permitted Uses: Local Retail, Professional Services, Neighborhood Services (e.g., Barber Shop), Restaurant (No Drive-Thru), Medical/Dental/Business Offices, and Community Uses (e.g., Library, Community Center)
Multifamily is permitted, typically when incorporated above ground-floor commercial uses
Directly across the street from Research Tri-Center, one of the largest Industrial developments in Raleigh/Durham
Adjacent to the 336-unit Elevate the Park apartment complex
Property Facts Under Contract
1 Lot Available
Lot
| Price | $1,500,000 | Lot Size | 3.66 AC |
| Price Per AC | $409,836.07 |
| Price | $1,500,000 |
| Price Per AC | $409,836.07 |
| Lot Size | 3.66 AC |
3.66 acre commercial parcel situated along a high-traffic commercial and industrial corridor in Durham, just minutes from Research Triangle Park (RTP) Public sewer and water have been extended to the site Pin # 0739321024
Somewhat walkable
30/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 157131 | Improvements Assessment | $0 |
| Land Assessment | $285,000 | Total Assessment | $285,000 |
Property Taxes
Parcel Number
157131
Land Assessment
$285,000
Improvements Assessment
$0
Total Assessment
$285,000
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3718 S Alston Ave - 3718 S Alston Ave
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