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    5011 Southpark Dr Durham, NC 27713

    Sponsored
    For Sale
    $750,000

    Six-room suite, great access, ample parking.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional 750,000 USD office condo suite, located at 5011 Southpark Drive Unit 250 in Durham, NC, presents a fantastic investment opportunity. Situated on a five-acre lot, this well-maintained property boasts six individual office rooms, perfect for a variety of business configurations. A convenient breakroom and bathroom are included, enhancing the functionality and comfort of the space. Gleaming hardwood floors throughout add a touch of sophistication. High-speed internet access is readily available, ensuring seamless connectivity for modern business operations. The property also features a large parking lot, providing ample space for employees and clients. Its prime location offers unparalleled convenience, being just a mile from the Streets of Southpoint Mall and within easy reach of RDU International Airport, the Research Triangle Park (RTP), numerous hotels, banks, and a wide array of restaurants. The building's strategic position overlooking Chapel Hill Road presents a unique opportunity for prominent building signage, maximizing visibility and brand exposure. Easy access to major highways, I-540 and I-40, ensures effortless commuting for employees and clients alike. This property is an ideal choice for businesses seeking a well-appointed, conveniently located, and highly visible office space in the thriving Durham market.

    Property Features for 5011 Southpark Dr

    General Information

    Property type
    Office Properties & Spaces
    Lot Size
    217,800 SF

    Building Details

    Year Built
    2003
    Property Profile Location Intelligence

    Current Use by Public Records

    Cherished Family Center, ... Psychotherapist BI Professionals Inc Software Company Elegant Images Personal ... Women'S Clothing Store Evelyn Adams Social Worker A Faith Based Psychotherapy Psychotherapist

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Durham
    County
    Durham
    State
    North Carolina
    Longitude
    -78.94268
    Latitude
    35.9129

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    FAQs

    What type of property is this?
    Office Property / Space - Six-room suite, great access, ample parking.
    Where is this office property / space located?
    The property is located at 5011 Southpark Dr Durham, NC.
    What is the asking price?
    The asking price for this property is $750,000.
    (919) 601-0518
    Request Owner's contact information
    5011 Southpark Dr Durham, NC 27713
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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
    5011 Southpark Dr Durham, NC 27713
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