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    2410 Angier Ave Unit Durham, NC 27703

    Sponsored
    For Sale
    $815,000

    Four-bay garage, fenced lot, leased income.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional income-generating industrial property, located at 2410 Angier Avenue Unit 1 in Durham, North Carolina, presents a compelling investment opportunity. The property encompasses a substantial 0.41-acre lot, fully fenced for enhanced security and operational efficiency. The main structure is a versatile flex building featuring a four-bay garage, ideal for a variety of industrial or commercial uses. Currently leased, this property provides a consistent stream of rental income, making it an attractive option for investors seeking a stable and profitable asset. The property's location in Durham offers convenient access to major transportation routes and a thriving local economy. The existing lease agreement ensures immediate cash flow, minimizing vacancy risk and maximizing return on investment. This turnkey operation requires minimal management, making it an excellent choice for both seasoned investors and those new to commercial real estate. The property's size and configuration offer flexibility for future expansion or adaptation to changing market demands. Serious inquiries are encouraged to explore this lucrative investment opportunity further. Detailed financial information and lease terms are available upon request. Don't miss this chance to acquire a high-yield industrial property in a prime Durham location.

    Property Features for 2410 Angier Ave Unit

    General Information

    Property type
    Industrial properties
    Lot Size
    17,860 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Universe Towing Towing Service Figueroa Auto Repair Auto Repair Shop Z A Auto Sale ... Car Dealer

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Durham
    County
    Durham
    State
    North Carolina
    Longitude
    -78.8736
    Latitude
    35.97993

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    FAQs

    What type of property is this?
    Industrial property - Four-bay garage, fenced lot, leased income.
    Where is this industrial property located?
    The property is located at 2410 Angier Ave Unit Durham, NC.
    What is the asking price?
    The asking price for this property is $815,000.
    (919) 676-0600
    Request Owner's contact information
    2410 Angier Ave Unit 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
    2410 Angier Ave Unit Durham, NC 27703
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