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    11029 Durham Rd Timberlake, NC 27583

    Sponsored
    For Sale
    $1,250,000

    Established Business, Great Location, High Returns

    Property size:
    4,400 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional retail opportunity encompasses a thriving automotive shop and convenience store situated at the bustling intersection of Highways 57 and 501, near the Durham/Person county line. The property boasts a generous 4,400 square feet of space on a 2-acre lot, offering ample room for operations and potential expansion. The convenience store features eight gasoline pumps and three diesel pumps, ensuring a steady flow of customers. The well-stocked store's inventory and equipment (excluding gas inventory and equipment) are included in the sale, providing a seamless transition for the new owner. The attached three-bay automotive shop is fully equipped with three lifts, a tire changer, a balancer, and a large air compressor. Note that not all tools are included in the sale. The property includes a well, septic system, and water supply

    Property Features for 11029 Durham Rd

    General Information

    Property type
    Retail properties
    Square Feet
    4,400 SF
    Lot Size
    87,120 SF

    Building Details

    Year Built
    1996
    Property Profile Location Intelligence

    Current Use by Public Records

    County Line Automotive Auto Repair Shop Marathon Gas Gas Station

    Suggested Use

    Realty agency Auto Repair Shop Gym & Fitness Electrical Service Furniture Store Wine and Liquor Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Timberlake
    County
    Person
    State
    North Carolina
    Longitude
    -78.93631
    Latitude
    36.24689

    Nearby Comparable

    • New
      $125,000
      Pending

      Expansive Land Near Durham County

      5+ acre property with partially remodeled home and workshop.
      Rougemont, NC 27572
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    • $250,000
      3.13 Acres

      Land For Sale Timberlake, NC

      3.13 acres with pond, well, septic, and electricity.
      8580 Durham Rd, Timberlake, NC 27583
      View Details
    • $32,309,000
      246,079 SF

      NC Industrial Facility: $32.3M

      246,079 SF Manufacturing/Warehouse
      6400 Durham Rd, Timberlake, NC 27583
      View Details
    • $139,000
      Pending

      Rougemont, NC Vacant Land

      Vacant land with road frontage in Rougemont, North Carolina.
      Circle L Trl, Rougemont, NC 27572
      View Details

    Nearby Similar for Sale

    • $32,309,000
      246,079 SF

      NC Industrial Facility: $32.3M

      246,079 SF Manufacturing/Warehouse
      6400 Durham Rd, Timberlake, NC 27583
      View Details

    FAQs

    What type of property is this?
    Retail property - Established Business, Great Location, High Returns
    Where is this retail property located?
    The property is located at 11029 Durham Rd Timberlake, NC.
    What is the asking price?
    The asking price for this property is $1,250,000.
    (919) 471-8000
    Request Owner's contact information
    11029 Durham Rd Timberlake, NC 27583
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    Timberlake, NC 27583
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    11029 Durham Rd Timberlake, NC 27583
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