4348 S Alston Ave - Commercial LAND FOR SALE


Durham, NC 27713- RTP339,768 SF
$590,000 USD
919-287-3218
4348 S Alston Ave, Durham, NC for Sale
$590,000 USD
Commercial LAND - FOR SALE
1/7
339,768 SF

4348 S Alston Ave
Durham, NC 27713
RTP


HIGHLIGHTS

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

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$590,000 USD

PRICE/ACRE

$75,641/AC

PRICE/SF

$2 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

-

LAND ACRES

7.8 AC

LAND SF

339,768 SF

OFFSITE IMPROVEMENTS

Sewer, Water

ZONING

OI

APN/PARCEL ID

154204

ASK ABOUT THIS PROPERTY

Johnny WehmannSVN | Real Estate AssociatesMore Info
919-287-3218

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Johnny WehmannSVN | Real Estate AssociatesMore Info
919-287-3218

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.