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2214 T W Alexander Dr - 2214 T W Alexander Drive, Durham, NC 27703

5.79 Acres of Commercial Land Offered at $2,755,000 in Durham, NC 27703

Investment Highlights

  • Size: 5.79 Acres/252,212sqft
  • Zoning: Commercial General
  • Traffic Counts: TW Alexander Drive (2022) - 22,100
  • Location: Adjacent to Alexander Village (Food Lion Shopping Center)
  • Road Frontage: 138ft along T.W. Alexander Drive & 990ft along “Future Aviation Parkway Extension”
  • Traffic Counts: Aviation Pkwy Extension (Future) - 19,600

Executive Summary

Prime commercial site in desirable Southeast Durham one mile west of Brier Creek providing high visibility and accessibility along heavily trafficked TW Alexander Drive. This site enjoys an advantageous location nestled between the bustling 78,000sqft Alexander Village Shopping Center with anchor tenant, Food Lion and the intersection of TW Alexander Drive and the “Future Aviation Parkway Extension” project in Durham County. Surrounded by popular communities including Brier Creek and strategically positioned near major highways (540 within 2.5 miles), Research Triangle Park (5 miles), and RDU Airport (5 miles). Zoned “Commercial General”, allows a variety of development opportunities including, but not limited to retail spaces, mixed-use developments, office complexes, hospitality establishments, or multifamily residential complexes. Come explore the endless possibilities for this prime commercial site!

Property Facts Under Contract

Price $2,755,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Commercial
Total Lot Size 5.79 AC

1 Lot Available

Lot 05

Price $2,755,000
Price Per AC $475,820
Lot Size 5.79 AC

Alexander Village @ Briercreek/Lt#05

zoning

Zoning Code Commercial General (Commercial General. Suburban Commercial tier and surrounded by Mixed Use Residential/Commercial.)
Commercial General (Commercial General. Suburban Commercial tier and surrounded by Mixed Use Residential/Commercial.)
  • Listing ID: 30699638

  • Date on Market: 1/19/2024

  • Last Updated:

  • Address: 2214 T W Alexander Dr, Durham, NC 27703

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