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    1839-1843 N Miami Blvd Durham, NC 27703

    For Sale
    Contact for pricing

    Retail center in Durham with big-box vacancy and established tenants.

    Property size:
    46,747 SF

    Property Features for 1839-1843 N Miami Blvd

    General Information

    Size
    46,747 SF

    Source: Johnny Wehmann Agent Johnny Wehmann

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

    Overview

    Durham Retail Center with Vacancy

    Village Plaza is a retail center in Durham, North Carolina, comprising five parcels totaling approximately 4.75 acres. The assemblage includes three retail buildings with a total area of approximately 46,747 square feet. The buildings are occupied by a mix of established tenants and feature a single big-box vacancy, which was most recently occupied by Dollar Tree. The vacant space offers versatility for a wide range of retail or other businesses, and it can expand up to approximately 31,247 square feet upon the expiration of the adjacent lease in August 2026. The property is located in close proximity to US-70, Hwy. 98, Hwy 147, the East End Connector and RDU, approximately seven miles from Research Triangle Park (RTP) and just two miles east of downtown Durham. The location provides convenient access to a hub of highway connectivity, including Hwy 70 E, I-885, and NC-98. This property is suitable for owner-occupants or investors seeking to add value in a rapidly growing area of Durham.
    Location Intelligence

    Current Use by Public Records

    Shopping centers

    Suggested Use

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

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

    Similar Places Nearby

    Coinstar Kiosk - Bitcoin ATM, The Village Shopping Center, Coinstar Kiosk | Bitcoin ATM, Angelito

    Location Insight

    • Map
    • Local Demand
    City
    Durham
    County
    Durham
    State
    North Carolina
    Longitude
    -78.8377621
    Latitude
    35.9442136

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    FAQs

    What type of property is this?
    Shopping center - Retail center in Durham with big-box vacancy and established tenants.
    Where is this shopping center located?
    The property is located at 1839-1843 N Miami Blvd Durham, NC.
    What are key features of this property?
    This property features: - Rare opportunity to acquire a retail center in Durham.; - Big-box vacancy offers significant value-add opportunity for owner-occupant or investor with up to ±31,247 SF.; - Located in a rapidly growing area of Durham, presenting strong potential for future appreciation.
    (919) 259-3618
    Request Owner's contact information
    1839-1843 N Miami Blvd 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
    1839-1843 N Miami Blvd Durham, NC 27703
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