4348 S Alston Avenue, Durham, NC 27713

Property 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 majortransportation 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.

Listing Status:

Active

Listing Office:

Real Estate Associates, Inc. :

Listing Agent:

Johnny Wehmann : 919-259-3618

MLS ID:

10116301

Exterior

• General: OutbuildingShed(s)
• Other Structures: OutbuildingShed(s)

Location

• Road/Access: City StreetHighwayPublic Road
• Originating MLS: AMLSNC
• County: Durham

Lot

• Zoning: Prop-Boyd Ticon Inc Ii/Lt #02B The Farm Of Lowes G Pl000135-0000990738264062
• Fencing: Gate
• Current Use: UnimprovedVacant

Utilities

• Utilities: Electricity ConnectedSewer AvailableWater Available
• Water: Other
• Sewer: Other

Financial

• Source: AMLSNC

This listing courtesy of Johnny Wehmann, Real Estate Associates, Inc.