(864) 362-2375
$8,000,000
515 Dowd Street, Durham, NC 27701
0Baths
53.4k53,438SQFT
3.54Acres
1940YearYear Built
About This Home
Use your imagination! This is an exciting opportunity for visionary investors, developers, and entrepreneurs! This property offers approximately 3.54 acres of land just minutes from downtown Durham. The site currently includes 2 attached brick buildings (Finished Square Footage is 53,438 and within this 53,438 Square Footage approximately 29,287 Square Footage is presently used for religious/institutional purposes. With its substantial land area, convenient location, and RU-5(2) residential zoning, this property presents an opportunity to explore a variety of residential redevelopment concepts. Potential development concepts may include: Single-family homes, Duplexes, Townhomes, Detached rowhouses, and Multiplex residential development. Prospective purchasers should independently verify zoning, permitted uses, density, development standards, subdivision requirements, utilities, environmental conditions, access, and all other applicable requirements with the City of Durham and Durham City-County Planning Department. Development potential is subject to governmental approval and site-specific due diligence. YOU DO NOT WANT TO MISS OUT ON THIS OPPORTUNITY! MAKE AN OFFER!
Location
Key Facts
Status: Active
Type: Commercial Sale
Annual Taxes: $21,620
HOA Fees: Not provided
MLS: Doorify
MLS #: 10187664
Features
Mixed Use
Mortgage Calculator
$40,452Estimated monthly payment
Principal & interest only. Estimate for informational purposes — excludes taxes, insurance, and HOA dues.
History
Current list price: $8,000,000
Status: Active — For Sale
Days on market: 0
Last updated: Aug 21, 2026
Schools
Loading assigned schools…
Listing courtesy of Moore's Realty, Inc.
Source MLS #: 10187664
Last updated: Aug 21, 2026
Listing data is provided for consumers' personal, non-commercial use and may not reflect all real-estate activity in the market. Information is deemed reliable but is not guaranteed.