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    5501 Fortunes Ridge Dr Durham, NC 27713

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    For Lease
    $26 SF/Yr

    Single-story office/medical building near Southpoint Mall available for lease.

    Property size:
    18,395 SF
    Lot size:
    18,395 SF

    Property Features for 5501 Fortunes Ridge Dr

    General Information

    Size
    18,395 SF

    Source: Brian Farmer Agent Brian Farmer

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

    Overview

    Office/Medical Building Near Southpoint Mall

    This single-story office/medical building is situated near Southpoint Mall, approximately 1/2 mile north of the I-40 and NC 54 Hwy interchange in Durham, NC. Woodcroft Professional Center is conveniently located near numerous amenities, including Southpoint Mall, a 1.3 million square-foot open-air lifestyle center and mall featuring over 130 shops, restaurants, and entertainment options. Suite O offers 900 square feet of space and will be available starting December 1, 2025. The property is ideal for professional or medical office users. A negotiable allowance is available for fit-up. Dozens of restaurants and walkable destinations are located nearby. The property also provides direct access to the American Tobacco Trail. Outside signage is available. On-site parking is provided at a ratio of 4 per 1,000 square feet. The lease rate is $26.00, full service gross (excluding janitorial).
    Insight Report Location Intelligence

    Current Use by Public Records

    Animo Sano Psychiatry- ... Psychiatrist Center for Functional & Aesthetic ... Oral Surgeon Dr. Aurelie Welterlin Psychologist Jelic Center Oral Surgeon The Children's Cochlear Implant ... Speech Pathologist

    Suggested Use

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

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

    Similar Places Nearby

    Southpoint Animal Hospital, Animal Eye Care Associates

    Location Insight

    • Map
    • Local Demand
    City
    Durham
    County
    Durham
    State
    North Carolina
    Longitude
    -78.9277607
    Latitude
    35.9244785

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    FAQs

    What type of property is this?
    Medical office - Single-story office/medical building near Southpoint Mall available for lease.
    Where is this medical office located?
    The property is located at 5501 Fortunes Ridge Dr Durham, NC.
    What is the lease rate?
    The lease rate is $26 SF/Yr.
    What are key features of this property?
    This property features: - Prime location near Southpoint Mall and the I-40/NC 54 interchange.; - Ideal for professional or medical office use.; - Direct access to the American Tobacco Trail.
    (919) 730-6584
    Request Owner's contact information
    5501 Fortunes Ridge Dr 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
    5501 Fortunes Ridge Dr Durham, NC 27713
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