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    2812 Erwin Rd, Unit | Durham Durham, NC 27705

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    For Lease
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    Class A retail space in mixed-use development near Duke University.

    Property size:
    118,000 SF
    Lot size:
    118,000 SF

    Property Features for 2812 Erwin Rd

    General Information

    Size
    118,000 SF

    Source: Christina Coffey Agent Christina Coffey

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Erwin Road Mixed-Use Retail Space

    Located at the intersection of Erwin Road and S. LaSalle Street, this Class A mixed-use development, Erwin Terrace, comprises two buildings totaling over 118,000 square feet. The available space, Suite 201, offers approximately 1,716 square feet. The property is conveniently located within walking distance of Duke University Hospital, Duke University, Durham VA Hospital, and Lenox Baker Children’s Hospital. It also provides easy access to US 15-501 and NC 147/Durham Freeway. The property adjoins a 141-key AC Hotel by Marriott and features outdoor space, as well as surface and structured parking. The daytime population within a 1-mile radius exceeds 36,000. Traffic counts on Erwin Road reach 13,000 vehicles per day (NC DOT 2023).
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Optix Eyecare Optometrist Kaplan Stanley H Tutoring Service NaanStop Indian Cuisine Indian Restaurant Sushi Love Sushi Restaurant OPTIX EYE CENTER ... Optometrist

    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
    -78.9473707
    Latitude
    36.007419

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    FAQs

    What type of property is this?
    Retail space - Class A retail space in mixed-use development near Duke University.
    Where is this retail space located?
    The property is located at 2812 Erwin Rd, Unit | Durham Durham, NC.
    What are key features of this property?
    This property features: - Walking distance to Duke University Hospital, Duke University, Durham VA Hospital, and Lenox Baker Children’s Hospital; - Class A mixed-use development with luxury apartments, offices, and retail; - Ample surface and structured parking
    (919) 522-9915
    Request Owner's contact information
    2812 Erwin Rd, Unit | Durham Durham, NC 27705
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    Durham, NC 27705
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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
    2812 Erwin Rd, Unit | Durham Durham, NC 27705
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