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    2224 Nc 54 Durham, NC 27713

    For Sale
    Contact for pricing

    Modern office building near Research Triangle Park with Class A amenities.

    Property size:
    77,274 SF

    Property Features for 2224 Nc 54

    General Information

    Size
    77,274 SF

    Source: Greg Sanchez, SIOR Agent Greg Sanchez, SIOR

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

    Overview

    Redeveloped Office Park City East

    Park City East is part of the redeveloped Park City, a two-building office park. Located near Research Triangle Park and 0.4 miles from I-40, the property has frontage along NC 54 and entry from two major roads. In 2024, over $6.5 million was dedicated to indoor and outdoor renovations. The East building features an elegant lobby, updated bathrooms, new elevators, and a modern HVAC system. The property contains 77,274 square feet on 7.62 acres. It is positioned in a prime Durham location next to RTP. Ample parking is available at a ratio of 4 spaces per 1,000 square feet. High visibility signage is available. The property is located 0.2 miles from NC 55. Shared amenities include a food truck court, fitness center, walking trail, frisbee golf, cornhole, volleyball, table tennis, and outdoor collaboration areas. It is ideal for an investor or owner-occupant.
    Location Intelligence

    Current Use by Public Records

    Isalis Gift Shop Party City Party Store Skunk Funk Wholesaler Carl's Trading Co Hat Shop Bushka's Kitchen LLC Outdoor Clothing And Equipment Shop

    Suggested Use

    Restaurant Realty agency Building Supply Law Firm Spa & Massage Wholesale Shop Dental Office 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
    -78.9178
    Latitude
    35.907

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    FAQs

    What type of property is this?
    Office building - Modern office building near Research Triangle Park with Class A amenities.
    Where is this office building located?
    The property is located at 2224 Nc 54 Durham, NC.
    What are key features of this property?
    This property features: - Prime location adjacent to Research Triangle Park (RTP) and 0.4 miles from I-40, offering unparalleled accessibility.; - $6.5 million renovation in 2024, providing Class A amenities and a vibrant campus environment.; - Modernized building with elegant lobby, state-of-the-art bathrooms, new elevators, and a modern HVAC system.
    (919) 281-2321
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    2224 Nc 54 Durham, NC 27713
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    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
    2224 Nc 54 Durham, NC 27713
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