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    3823 Guess Rd Durham, NC 27705

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    For Sale
    Contact for pricing

    93,048 SF shopping center in growing Durham market.

    Property size:
    93,048 SF

    Property Features for 3823 Guess Rd

    General Information

    Size
    93,048 SF

    Building Details

    Year built
    1985

    Source: Jay Taylor, CCIM Agent Jay Taylor, CCIM

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

    Overview

    Neighborhood Shopping Center For Sale

    The subject property features a 93,048 square foot neighborhood shopping center, currently 75% occupied and anchored by Ollie's Discount Outlet. Positioned in the North Durham market, the center is located at the signalized intersection of Guess Road and Horton Road. The location offers full-movement access points along both Horton and Guess roads. The property is situated in the northern portion of Durham, approximately three miles northeast of the central business district. The intersection is populated with national, regional, and local retailers, including Starbucks, Walgreens, Dollar Tree, Food Lion, and Harris Teeter. The center is suitable for a value-add investor to revitalize the property. Recent leases have been executed at below-market levels, and lease-up of the current vacant space may allow for further upside. The property also presents potential outparcel development opportunities.
    Location Intelligence

    Current Use by Public Records

    TDCI Cleaning Products Supplier Queens of the City Entertainment Dance Company Bithiah Banquets Event Venue SR22 Insurance Commercial Agent Ego Barber Lounge Barber Shop

    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.

    Similar Places Nearby

    Willowdale Shopping Center, Coinstar Kiosk | Bitcoin ATM, Coinstar Kiosk | Bitcoin ATM, Cross Creek Shopping Center

    Location Insight

    • Map
    • Local Demand
    City
    Durham
    County
    Durham
    State
    North Carolina
    Longitude
    -78.9304382
    Latitude
    36.0587009

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    FAQs

    What type of property is this?
    Shopping center - 93,048 SF shopping center in growing Durham market.
    Where is this shopping center located?
    The property is located at 3823 Guess Rd Durham, NC.
    What are key features of this property?
    This property features: - Anchored by Ollie's Discount Outlet in a growing North Durham market.; - Located at the signalized intersection of Guess Road and Horton Road with high visibility and excellent access.; - Value-add opportunity through revitalization and lease up of vacant space.
    (919) 422-9482
    Request Owner's contact information
    3823 Guess Rd 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
    3823 Guess Rd Durham, NC 27705
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