$590,000
For Sale

4348 S Alston Avenue

Durham, NC 27713
Browse 5 photos
Type:Purchase
Structure:Land
Zone:Residential

Description

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.
Due to significant floodplain impacts, the site is most suitable for low-intensity or alternative uses. Potential options include conservation, land banking, laydown or fleet storage, agricultural operations, wetland mitigation, or even a private single-family estate with ample buffers.
THE EXISTING HOUSE IS UNINHABITABLE, SITS DIRECTLY ON THE GROUND, AND SHOULD BE CONSIDERED A TEARDOWN WITH NO PRACTICAL PATH TO A CERTIFICATE OF OCCUPANCY.

  • Property Details
      • Utility FeaturesElectricity Connected, Sewer Available, Water Available
      • Lot FeaturesFlood Plains, Wetlands
      • Lot DescriptionFlood Plains, Wetlands
      • SubdivisionNot in a Subdivision
      • Elementary SchoolDurham - Pearsontown
      • Middle SchoolDurham - Lowes Grove
      • High SchoolDurham - Hillside
      • Property SubtypeUnimproved Land
      • Property TypePurchase
      • MLS #10116301
      • MLS #10116301
      • CountyDurham
      • Taxes Annual$4,322
      • Cost590000
      • Sewer InformationOther
      • Utility SourceOther
      • Acres7.69
      • Fence DescriptionGate
      • ZoningO&I

Location

Chuck Belden | Real EstateReal Estate Group
OR

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