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    2012 Angier Ave Durham, NC 27703

    Sponsored
    For Sale
    $780,000

    High-yield retail property, strong rental income.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional retail property located at 2012 Angier Avenue in Durham, NC, presents a compelling investment opportunity. Offered at $780,000, this property sits on a 0.1-acre lot and generates a consistent annual rental income of $7,200 ($600/month). The property is being sold "as-is," and a 48-hour notice is required for showings. This offering is part of a larger portfolio of properties, including three residential properties located on Angier Avenue. These additional properties, with MLS numbers 2434963, 2434960, and 2448424, are priced at $285,000, $250,000, and $280,000 respectively, and collectively generate an annual rental income of $68,880. The combined portfolio offers a significant investment potential with substantial rental income streams. This presents a unique opportunity for investors seeking a diversified portfolio with both retail and residential components in a desirable Durham location. The property's current rental income provides a solid foundation for future growth and potential appreciation. Serious inquiries are encouraged to explore this promising investment further. The "as-is" condition should be factored into any due diligence.

    Property Features for 2012 Angier Ave

    General Information

    Property type
    Retail properties
    Lot Size
    4,356 SF

    Building Details

    Year Built
    1930
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail properties

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Durham
    County
    Durham
    State
    North Carolina
    Longitude
    -78.87904
    Latitude
    35.98234

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    FAQs

    What type of property is this?
    Retail property - High-yield retail property, strong rental income.
    Where is this retail property located?
    The property is located at 2012 Angier Ave Durham, NC.
    What is the asking price?
    The asking price for this property is $780,000.
    (919) 929-5178
    Request Owner's contact information
    2012 Angier Ave Durham, NC 27703
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    Durham, NC 27703
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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
    2012 Angier Ave Durham, NC 27703
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