The Alston Avenue Assemblage presents a unique commercial land opportunity in the heart of Durham, NC. This offering includes multiple adjacent parcels located at 1200 Mint Street, 603 S Alston Avenue, 601 S Alston Avenue, 509 S Alston Avenue, and 507 S Alston Avenue. With a prime location just 1.4 miles from Downtown Durham, 3 miles from Duke University, and 7.2 miles from Research Triangle Park, this assemblage provides excellent access to some of the region's key economic and business hubs. Its proximity to major highways, including 147 (Durham Freeway), I85, I40, and I540, ensures strong connectivity to Raleigh, Chapel Hill, and beyond. Currently zoned for commercial use, this property is well-positioned for future development, pending necessary city and county approvals. Its location in a high-growth area surrounded by major employers such as Apple, Vinfast, and Wolfspeed makes it an attractive investment opportunity for developers. The assemblage's flexible use potential, coupled with Durham's ongoing economic expansion, offers significant long-term value. Whether for retail, office, or mixed-use development, this property provides investors with a prime opportunity to contribute to Durham's continued growth. Contact us for more information or to schedule a viewing.
Details
MLS#
10051308
Listing Type
For Sale
Style
Farm or Ranch
Sub-Type
Resale
Status
Active
Days On Site
38
Listing Provided By
m2 realty inc. | Melonie Mickle
Features
Acreage
1.29
Market Activity 27703
Date
Sales
Avg $ Per SqFt
Min Sale Price
Max Sale Price
Med Sale Price
Date: Sep 2024
Sales: 308
Avg $ Per SqFt: $17.73
Min Sale Price: $450
Max Sale Price: $2,100,000
Med Sale Price: $1,375
Date: Aug 2024
Sales: 55
Avg $ Per SqFt: $170.06
Min Sale Price: $995
Max Sale Price: $780,000
Med Sale Price: $355,000
Date: Jul 2024
Sales: 44
Avg $ Per SqFt: $170.43
Min Sale Price: $1,850
Max Sale Price: $1,550,000
Med Sale Price: $380,000
Date: Jun 2024
Sales: 18
Avg $ Per SqFt: $204.08
Min Sale Price: $1,395
Max Sale Price: $605,000
Med Sale Price: $414,995
Date: May 2024
Sales: 18
Avg $ Per SqFt: $215.68
Min Sale Price: $180,000
Max Sale Price: $610,940
Med Sale Price: $428,000
Date: Apr 2024
Sales: 19
Avg $ Per SqFt: $111.78
Min Sale Price: $990
Max Sale Price: $597,540
Med Sale Price: $1,875
Date: Mar 2024
Sales: 8
Avg $ Per SqFt: $220.81
Min Sale Price: $2,500
Max Sale Price: $564,850
Med Sale Price: $487,500
Date: Feb 2024
Sales: 2
Avg $ Per SqFt: $176.32
Min Sale Price: $205,000
Max Sale Price: $430,000
Med Sale Price: $317,500
Date: Jan 2024
Sales: 3
Avg $ Per SqFt: $280.43
Min Sale Price: $360,000
Max Sale Price: $465,000
Med Sale Price: $405,000
Date: Nov 2023
Sales: 2
Avg $ Per SqFt: $200.15
Min Sale Price: $435,000
Max Sale Price: $445,795
Med Sale Price: $440,397
Date: Oct 2023
Sales: 3
Avg $ Per SqFt: $223.85
Min Sale Price: $371,111
Max Sale Price: $575,000
Med Sale Price: $400,000
Sourced by Back At You
Sep 2024
Sales:
308
Avg $ Per SqFt:
$17.73
Min Sale Price:
$450
Max Sale Price:
$2,100,000
Med Sale Price:
$1,375
Aug 2024
Sales:
55
Avg $ Per SqFt:
$170.06
Min Sale Price:
$995
Max Sale Price:
$780,000
Med Sale Price:
$355,000
Jul 2024
Sales:
44
Avg $ Per SqFt:
$170.43
Min Sale Price:
$1,850
Max Sale Price:
$1,550,000
Med Sale Price:
$380,000
Jun 2024
Sales:
18
Avg $ Per SqFt:
$204.08
Min Sale Price:
$1,395
Max Sale Price:
$605,000
Med Sale Price:
$414,995
May 2024
Sales:
18
Avg $ Per SqFt:
$215.68
Min Sale Price:
$180,000
Max Sale Price:
$610,940
Med Sale Price:
$428,000
Apr 2024
Sales:
19
Avg $ Per SqFt:
$111.78
Min Sale Price:
$990
Max Sale Price:
$597,540
Med Sale Price:
$1,875
Mar 2024
Sales:
8
Avg $ Per SqFt:
$220.81
Min Sale Price:
$2,500
Max Sale Price:
$564,850
Med Sale Price:
$487,500
Feb 2024
Sales:
2
Avg $ Per SqFt:
$176.32
Min Sale Price:
$205,000
Max Sale Price:
$430,000
Med Sale Price:
$317,500
Jan 2024
Sales:
3
Avg $ Per SqFt:
$280.43
Min Sale Price:
$360,000
Max Sale Price:
$465,000
Med Sale Price:
$405,000
Nov 2023
Sales:
2
Avg $ Per SqFt:
$200.15
Min Sale Price:
$435,000
Max Sale Price:
$445,795
Med Sale Price:
$440,397
Oct 2023
Sales:
3
Avg $ Per SqFt:
$223.85
Min Sale Price:
$371,111
Max Sale Price:
$575,000
Med Sale Price:
$400,000
MLS Number: 10051308
Melonie Mickle – (919) 524-3733
m2 realty inc. – (919) 524-3733
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