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4348 S Alston Ave Lot | Terrain commercial | 3,16 ha | À vendre | 506 426 € | Durham, NC 27713

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INFORMATIONS PRINCIPALES SUR L'INVESTISSEMENT

  • Site is adjacent to Alston Oaks, a rezoned ±12.93-acre residential development allowing for 170 units
  • Majority of the property lies in the Special Flood Hazard Area (Zone AE)
  • Utilities available at the frontage and rear (water and sewer)
  • Close proximity to RTP, RDU International Airport, The Streets at Southpoint, downtown Durham, and more

RÉSUMÉ ANALYTIQUE

The site is located within the floodplain and impacted by riparian buffers. Redevelopment would require significant infill, as existing grades (260–272 ft) fall below the 100-year future floodplain (277.5 ft) and Durham’s required finished floor elevation (279.5 ft). Any new construction development would likely require rezoning or a variance, neither of which is guaranteed. A Conditional Letter of Map Revision (CLOMR) and no-rise certification would also be required, a process that typically takes 9-12+ months.

PIÈCES JOINTES

Brochure

INFORMATIONS SUR L’IMMEUBLE

Prix 506 426 €
Type de vente Investissement
Nb de lots 1
Type de bien Terrain
Sous-type de bien Terrain commercial
Surface totale du lot 3,16 ha
Nb d’étages 1
Zonage OI - Office Institutional (OI)

1 LOT DISPONIBLE

Lot

Prix 506 426 €
Prix par ha 160 436,81 €
Surface du lot 3,16 ha

±7.8-acre land parcel in southeast Durham. Situated in a rapidly growing corridor, the property is located in close proximity to major transportation routes on the edge of RTP and is adjacent to Alston Oaks, a 170-unit residential development.

DESCRIPTION

SVN | REA is pleased to present this ±7.8-acre land parcel in southeast Durham on the edge of Research Triangle Park (RTP). Situated in a rapidly growing corridor, the property sits in close proximity to major transportation routes, including NC-55 (Apex Hwy) and Interstate 40. The site is located within the floodplain and impacted by riparian buffers. Redevelopment would require significant infill, as existing grades (260–272 ft) fall below the 100-year future floodplain (277.5 ft) and Durham’s required finished floor elevation (279.5 ft). Any new construction development would likely require rezoning or a variance, neither of which is guaranteed. A Conditional Letter of Map Revision (CLOMR) and no-rise certification would also be required, a process that typically takes 9-12+ months.

  • ID de l’annonce: 36865914

  • Date de mise sur le marché: 22/07/2025

  • Dernière mise à jour:

  • Adresse: 4348 S Alston Ave, Durham, NC 27713

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