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Listing provided courtesy of Keller Williams ConnectedMLS# 4362350MLS ProviderContact Information: [email protected]
  • 95 days on site
  • 0 views

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!

Source: Canopy MLS, MLS#: 4362350

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  • Property Type
    Land

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Ivester Jackson Christie's

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  • Median Age
    35
  • Population Density
    897
  • College Educated
    36%
  • Estimated Median Income
    $50,631
  • Estimated Total Home Owners
    8,939
  • Estimated Total Renters
    6,647
  • Owner / Renter Divide
    57% / 43%
  • Estimated Average Household Size
    3
  • Total Population
    40,657
  • Community data courtesy of LiveBy, Inc.

Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 700 Toronto Avenue

Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
5/1/2026Source: Canopy MLS Price Reduction
$800,000 -19.0%
3/26/2026Source: Canopy MLS Added to Database
March 26, 2026