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Da Vinci St
Durham, NC 27704
700 Toronto Ave. · Land For Sale
·
5.93 AC
INVESTMENT HIGHLIGHTS
- Zoned RU-5 for High-Density Development (6-8 SFH, TWNH)
- Prime Location in Growth Corridor, minutes from RTP, Duke, and downtown
- Utilities in close proximity
- New construction prices up to $450/SF!
EXECUTIVE SUMMARY
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 are already on-site (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. Due diligence materials available under NDA. 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
Click here for the property video: https://listings.nextdoorphotos.com/vd/202899961
PROPERTY FACTS
1 LOT AVAILABLE
Lot
| Price | $998,000 | Lot Size | 5.93 AC |
| Price Per AC | $168,296.80 |
| Price | $998,000 |
| Price Per AC | $168,296.80 |
| Lot Size | 5.93 AC |
Wooded
PROPERTY TAXES
| Parcel Number | 129354 | Improvements Assessment | $0 |
| Land Assessment | $138,600 | Total Assessment | $138,600 |
PROPERTY TAXES
Parcel Number
129354
Land Assessment
$138,600
Improvements Assessment
$0
Total Assessment
$138,600
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