Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    3415 Westgate Dr Durham, NC 27707

    For Lease
    Contact for pricing

    Retail property located off Martin Luther King Pkwy and US-501.

    Property size:
    3,137 SF
    Lot size:
    38.55 Acres

    Property Features for 3415 Westgate Dr

    General Information

    Size
    3,137 SF
    Lot size
    38.55 Acres

    Source: Divaris Real Estate Agent Charles Neil, CCIM

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

    Overview

    Retail Space in Growing Durham

    This retail property, offering 3,137 square feet, is located just off heavily traveled Martin Luther King Parkway and US-501. A notable feature is the long-term stability of the tenant base, with 70% of the retailers having operated at the property for 10 years or longer. The property is situated in the Raleigh-Durham-Chapel Hill Metropolitan Statistical Area, which is recognized as one of the fastest-growing MSAs in the United States.
    Insight Report Location Intelligence

    Current Use by Public Records

    Wells Fargo Bank Atm GameStop Video Game Store European Wax Center Waxing Hair Removal Service Daily Hemp Cannabis Store Wells Fargo Advisors Investment Service

    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
    -78.9605814
    Latitude
    35.9668649

    Nearby Similar for Lease

    • $29,460
      22,649 SF

      Prime Durham Office Space Available

      12,000 SF office space for lease in Durham, NC.
      5310 S Alston Ave, Durham, NC 27713
      View Details
    • $45,045
      2,145 SF

      Durham Office Space For Lease

      Flexible office unit with ample parking and recent upgrades.
      1906 A, Durham, NC 27713
      View Details
    • $36,000
      1,760 SF

      Office Suite with Private Offices

      Office suite featuring multiple private office spaces for rent.
      5315 Highgate Dr, Durham, NC 27713
      View Details
    • $18 SF/Yr
      Pending

      Prime Medical Office Space Available

      Versatile medical/office space in Durham's thriving North Duke corridor.
      2609 N Duke St Unit Bldg 300, Durham, NC 27704
      View Details
    • $3,500 /Mo
      2,000 SF

      Office Condo in Durham's Office Park

      Office condominium with private entrance in a convenient location.
      6 Consultant Pl, Durham, NC 27707
      View Details
    • $1,995 /Mo
      1,000 SF

      Office Space Near Universities

      Office space in Durham, close to amenities and universities.
      1804 Martin Luther King Junior Pkwy, Durham, NC 27707
      View Details

    FAQs

    What type of property is this?
    Strip mall - Retail property located off Martin Luther King Pkwy and US-501.
    Where is this strip mall located?
    The property is located at 3415 Westgate Dr Durham, NC.
    What are key features of this property?
    This property features: - Located off heavily traveled Martin Luther King Pkwy and US-501.; - Located in the Raleigh-Durham-Chapel Hill MSA.; - Raleigh-Durham-Chapel Hill MSA is one of the fastest growing in the United States.
    (980) 819-0119
    Request Owner's contact information
    3415 Westgate Dr Durham, NC 27707
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3415 Westgate Dr
    Durham, NC 27707
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    3415 Westgate Dr Durham, NC 27707
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.