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!
Active
$800,000
700 Toronto Ave, Durham, NC 27704
--beds
--baths
5.93Acres
Unimproved Land
Built in ----
5.93 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 103 days |
- 89 |
- 3 |
Zillow last checked:
Listing updated:
Listed by:
Ola van Zyl ola@dreamteamunited.com,
Keller Williams Connected,
Mike Morrell,
Keller Williams Connected
Source: Canopy MLS as distributed by MLS GRID,MLS#: 4362350
Facts & features
Interior
Interior area
- Finished area below ground: 0
Video & virtual tour
Property
Lot
- Size: 5.93 Acres
- Features: Wooded
Details
- Parcel number: 129354
- Zoning: RU-5
- Special conditions: Standard
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Durham
Financial & listing details
- Tax assessed value: $52,222
- Annual tax amount: $1,374
- Date on market: 3/26/2026
- Cumulative days on market: 103 days
- Listing terms: Cash,Conventional,Owner Financing,Other - See Remarks
- Road surface type: Concrete
Estimated market value
Not available
Estimated sales range
Not available
$1,559/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/1/2026 | Listed for sale | $800,000+2566.7% |
Source:  Canopy MLS as distributed by MLS GRID #4362350 Report a problem | ||
| 12/21/2007 | Sold | $30,000 |
Source: Doorify MLS #943823 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,374 +88.6% | $138,600 +165.4% |
| 2024 | $728 +6.5% | $52,222 |
| 2023 | $684 +2.3% | $52,222 |
| 2022 | $668 +0.5% | $52,222 |
| 2021 | $665 +2.4% | $52,222 |
| 2020 | $650 | $52,222 |
| 2019 | $650 | $52,222 -22% |
| 2018 | $650 -27.9% | $66,945 |
| 2017 | $901 +3.5% | $66,945 |
| 2016 | $871 | $66,945 +28.2% |
| 2015 | $871 +20.5% | $52,236 |
| 2014 | $723 | $52,236 |
| 2013 | -- | $52,236 |
| 2012 | -- | $52,236 |
| 2011 | $681 +0.4% | $52,236 |
| 2010 | $678 +4% | $52,236 |
| 2009 | $652 | $52,236 |
| 2008 | $652 +92.4% | $52,236 +117.7% |
| 2007 | $339 +1.4% | $24,000 |
| 2006 | $334 | $24,000 |
| 2005 | $334 +1.4% | $24,000 |
| 2004 | $330 | $24,000 |
Find assessor info on the county website
Monthly payment
Estimated monthly payment$1,822
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 27704
Nearby schools
GreatSchools rating
- 3/10Holt Elementary Language AcademyGrades: PK-5Distance: 2.2 mi
- 7/10George L Carrington MiddleGrades: 6-8Distance: 4.3 mi
- 2/10Northern HighGrades: 9-12Distance: 2.3 mi
Schools provided by the listing agent
- Elementary: E.M. Holt
- High: Northern
Source: Canopy MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- North Carolina
- Durham County
- Durham
- 27704
- 700 Toronto Ave
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Nearby neighborhoods
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