- For Sale $1,490,000
- Property Type VacantLand
- Lot Size 1.84 Acre
- Date Updated Sep 3, 2026
Description
SVN | Real Estate Associates is pleased to present this ±1.84-acre redevelopment and investment opportunity along Holloway Street in Durham, NC. The assemblage includes six contiguous parcels at a highly visible intersection just off the highway — an area seeing steady growth and redevelopment.
Existing improvements include a ±2,400 SF restaurant leased month-to-month and two single-family rentals (one occupied, one vacant), providing interim income and flexibility.
With split zoning (IL and RU-5(2)), the site offers multiple paths forward. Rezoning could unlock higher-value commercial or mixed-use potential, or an owner-operator could occupy the restaurant while leveraging the land and rental income for long-term investment.
Its infill location, visibility, and proximity to major corridors make this an attractive opportunity for developers, investors, or users seeking immediate income with strong upside potential.
Highlights
- Existing Income: ±2,400 SF restaurant and two residential rentals provide holding income while pursuing future plans.
- High Traffic Counts: Excellent exposure with ±19,000 vehicles per day (NCDOT 2024) along Holloway Street, making the property ideal for retail or restaurant use.
- Prime Corner Location: Highly visible assemblage at a signalized intersection along Holloway Street, just off the highway (Interstate 885).
- Redevelopment Potential: ±1.84 acres across six parcels with split zoning (IL & RU-5(2)); rezoning could unlock commercial or mixed-use development opportunities.
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Contacts
Alex Zajdel
SVN | Real Estate Associates
Location
Located at 2003-2013 Holloway Street, Durham, NC 27703, this property is part of the Wellons Village neighborhood and Raleigh Durham market.
Contact Listing Broker
Alex Zajdel
SVN | Real Estate Associates
