Standalone Commercial
112 N Mineral Springs Rd Durham, NC 27703
For Sale
Contact for pricing
Standalone commercial building on a 0.25-acre parcel, zoned CG for retail, service, and neighborhood-oriented uses.
Property Size820 SF
Lot Size0.25 Acres
Price / SF$237.80
Days on Market135
Property Features for 112 N Mineral Springs Rd
General Information
- Standard status
- Active
- Size
- 820 SF
- Lot size
- 0.25 Acres
- Property subtype
- Retail, Office
Listing Agency:
Pickett Sprouse Commercial Real Estate
Listed By:
Anna Jenkins · License #NC
Source:
Crexi
Added: Mar 12
Changed: Jul 23
Last Checked: Jul 23 at 5:51PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Pickett Sprouse Commercial Real Estate
Investment Insights
Based on property information with market context.
112 N Mineral Springs Road is a standalone commercial building offering 820 square feet of leasable space. The property was previously used as a small retail/service shop, giving it a flexible footprint for a range of local commercial concepts.
The building sits on a 0.25-acre parcel and is zoned CG – General Commercial, which supports a wide variety of retail, service, and neighborhood-oriented commercial uses.
This is a straightforward option for buyers or tenants looking for their own dedicated commercial space within a General Commercial zoning framework.
The building sits on a 0.25-acre parcel and is zoned CG – General Commercial, which supports a wide variety of retail, service, and neighborhood-oriented commercial uses.
This is a straightforward option for buyers or tenants looking for their own dedicated commercial space within a General Commercial zoning framework.
Key Highlights
- Standalone commercial building at 112 N Mineral Springs Road on a 0.25‑acre parcel
- Zoned CG – General Commercial, supporting retail, service, and neighborhood‑oriented commercial uses
- Total building size: 820 SF of leasable area
Financial Insights For Office B
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 | $20.5k | $24.96 |
| − Vacancy | −$3.6k | −$4.37 |
| EGI | $16.9k | $20.59 |
| − OpEx | −$4.2k | −$5.15 |
| NOI | $12.7k | $15.44 |
820 SF · lease $24.96/SF/yr · vacancy 17.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$180.9K
$158.3K – $211.1K
NOI $12,664 @ 7.0% cap · market cap 6.49%
Second Best
Retail
$135.1K
$118.2K – $157.6K
NOI $9,454 @ 7.0% cap · market cap 4.85%
Theoretical Best
Office A
$264.8K
$231.7K – $308.9K
NOI $18,535 @ 7.0% cap · market cap 9.51%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
The Boom boom room
Car Wash
Similar Off Market Nearby
- Forever Floral & Design — 506 Crossview Ln, Durham, NC 27703
FAQs
What type of property is this?
Storefront property - Standalone commercial building on a 0.25-acre parcel, zoned CG for retail, service, and neighborhood-oriented uses.
Where is this storefront property located?
The property is located at 112 N Mineral Springs Rd Durham, NC.
What is the asking price?
The asking price for this property is $195,000.
What are key features of this property?
This property features: Standalone commercial building at 112 N Mineral Springs Road on a 0.25‑acre parcel; Zoned CG – General Commercial, supporting retail, service, and neighborhood‑oriented commercial uses; Total building size: 820 SF of leasable area
