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Investment Highlights
- Five contiguous parcels
- Minutes from Downtown Durham
- Strong surrounding residential growth
- Excellent visibility from Durham Freeway and S Alston
- Easy access to NC-147
Executive Summary
This ±1.36-acre commercial development opportunity consists of five contiguous parcels strategically located at the corner of S. Alston Avenue and Mint Street, just off NC-147 in Durham. The property offers exceptional visibility from both S. Alston Avenue (25,500 VPD) and the Durham Freeway (69,500 VPD), providing excellent exposure for future commercial users. Zoned Commercial Neighborhood (CN), the site supports a wide variety of neighborhood-serving uses including retail, restaurants, medical office, professional office, pharmacies, childcare, fitness, and personal services. Positioned just minutes from Downtown Durham and surrounded by continued residential and commercial investment, the property offers outstanding long-term redevelopment potential. Seller restriction prohibits convenience stores and gas stations. Offered at $1.25 million.
Property Facts
1 Lot Available
Lot
| Price | $1,250,000 | Lot Size | 0.43 AC |
| Price Per AC | $2,906,976.74 |
| Price | $1,250,000 |
| Price Per AC | $2,906,976.74 |
| Lot Size | 0.43 AC |
±1.36-acre commercial development opportunity featuring five assembled parcels, CN zoning, excellent visibility from NC-147, and convenient access to Downtown Durham.
Description
Situated at the highly visible edge of South Alston Avenue and the Durham Freeway, this ±1.36-acre assemblage presents a rare opportunity for commercial development just minutes from Downtown Durham. Commercial Neighborhood (CN) zoning supports a variety of neighborhood serving commercial uses, making the site well positioned for retail, restaurant, medical, office, and service-oriented development. The property consists of five assembled parcels with frontage along South Alston Avenue and access from Mint Street.
Fairly walkable
50/100
Exceptionally drivable
90/100
Some public transit
40/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $670,897 | Total Assessment | $670,897 |
Property Taxes
Parcel Numbers
Land Assessment
$670,897
Improvements Assessment
$0
Total Assessment
$670,897
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