Durham Commercial Investment
901 E Trinity Avenue Durham, NC 27704
901 E Trinity Avenue, Durham, NC, 27704
$730,000
For Sale
$730,000
COMMERCIAL - Durham, NC
Property Size2,640 SF
Lot Size0.23 Acres
Price / SF$276.52
Days on Market565
Property Features for 901 E Trinity Avenue
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Active
- Size
- 2,640 SF
- Lot size
- 0.23 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- PROP-GEER F C EST/BLK:05/ LT#31-32 PL:00005B-000106
- Tax Annual Amount
- 2325
Building Details
- Year built
- 1980
- Building materials
- Stone
Listing agency
Century 21 Triangle Group
(919) 720-4217
Listed by
Jose Cruz Labrada · License #312455
(984) 239-8452
Added: Jan 2, 2025 Updated: May 19 at 5:08PM Checked: Jul 21 at 4:06PM
MLS# 10068825
Copyright © 2026 Doorify MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This commercial property in Durham presents an investment opportunity. The property is currently occupied by a tenant with a 5-year Double Net (NN) lease, paying $5,500 per month, which delivers a 7.5% cap rate. The lease terms assign responsibilities to the tenant beyond structural maintenance. The property is located in a high-traffic corridor, offering excellent visibility. Automotive and light industrial spaces are in high demand, and the limited availability of body shop-ready properties in Durham enhances the property's appeal. The lot size is 0.23 acres, and the property size is 2,640 square feet.
Key Highlights
- Tenant in place paying $5,500/month on a 5‑year Double Net (NN) lease.
- Delivers an attractive 7.5% cap rate with no landlord responsibilities beyond structure.
- Scarcity of body shop‑ready properties in Durham increases attractiveness.
Local Financial Insights For Industrial
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $52.9k | $20.04 |
| − Vacancy | −$3.1k | −$1.16 |
| EGI | $49.8k | $18.88 |
| − OpEx | −$15.0k | −$5.66 |
| NOI | $34.9k | $13.21 |
2,640 SF · lease $20.04/SF/yr · vacancy 5.80% · expense 30.00%
Alternative Uses
Best Use
Industrial
$498.4K
$436.1K – $581.4K
NOI $34,886 @ 7.0% cap · market cap 4.78%
Second Best
Retail
$434.8K
$380.5K – $507.3K
NOI $30,437 @ 7.0% cap · market cap 4.17%
Theoretical Best
Office A
$852.5K
$745.9K – $994.6K
NOI $59,674 @ 7.0% cap · market cap 8.17%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Personal Touch Auto ...
Car Wash
Chris And Son
Auto Repair Shop
Similar For Sale Nearby
Similar Off Market Nearby
- A-1 Body Shop — 714 E Geer St ste b, Durham, NC 27701
- Auto Cambio Universal - High Quality Mechanic & Towing Services, Auto Collision Repair, Car Maintenance — 102 broadway st, durham, nc 27701
- Auto Cambio Universal — 102 Broadway St, Durham, NC 27701
- Henderson's Paint, Body, Detail & Towing — 701 N Mangum St Suite B, Durham, NC 27701
- P.J. & Rick's Tire Sale — 616 e geer st, durham, nc 27701
FAQs
What type of property is this?
Auto shop - Tenant-occupied commercial property in Durham with high visibility.
Where is this auto shop located?
The property is located at 901 E Trinity Avenue Durham, NC.
What is the asking price?
The asking price for this property is $730,000.
What are key features of this property?
This property features: Tenant in place paying $5,500/month on a 5‑year Double Net (NN) lease.; Delivers an attractive 7.5% cap rate with no landlord responsibilities beyond structure.; Scarcity of body shop‑ready properties in Durham increases attractiveness.
