Road-Front Office Live-Work
3219 Guess Road Unit 3219 Durham, NC 27705
3219 Guess Road Unit 3219, Durham, NC, 27705
$750,000
For Sale
$750,000
Office unit on a half-acre lot with road frontage on busy Guess Road in Durham.
Property Size1,600 SF
Lot Size0.50 Acres
Price / SF$468.75
Days on Market756
Property Features for 3219 Guess Road Unit 3219
General Information
- Standard status
- Active
- Size
- 1,600 SF
- Lot size
- 0.50 Acres
- Property subtype
- Office
Building Details
- Year Built
- 1937
Listing agency
LING WU
(704) 293-0756
Listed by
Ling Wu
(704) 293-0756
Source
Xome
Added: Jun 26, 2024 Updated: Jul 21 at 12:53PM Checked: Jul 21 at 12:53PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of LING WU
Investment Insights
Based on property information with market context.
This live-work style office unit at 3219 Guess Road Unit 3219 offers a configuration that can support business use alongside home occupation. The offering includes road frontage on Guess Road and sits on a half-acre lot, providing a straightforward site for owner-occupants who want flexibility.
The property is described as close to Hwy 85, Duke, RTP, and major shopping centers serving both business and residential needs. It is also positioned for professional uses such as medical/dental, attorney, or accounting offices, depending on the buyer’s plans.
Offered for sale at $750,000.
The property is described as close to Hwy 85, Duke, RTP, and major shopping centers serving both business and residential needs. It is also positioned for professional uses such as medical/dental, attorney, or accounting offices, depending on the buyer’s plans.
Offered for sale at $750,000.
Key Highlights
- Office unit on a half‑acre lot with road frontage on busy Guess Road in Durham
- Convenient access to Hwy 85, Duke, RTP, and major shopping centers
- Central air conditioning
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $39.9k | $24.96 |
| − Vacancy | −$7.0k | −$4.37 |
| EGI | $32.9k | $20.59 |
| − OpEx | −$8.2k | −$5.15 |
| NOI | $24.7k | $15.44 |
1,600 SF · lease $24.96/SF/yr · vacancy 17.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$353.0K
$308.9K – $411.8K
NOI $24,710 @ 7.0% cap · market cap 3.29%
Second Best
Healthcare Medical
$340.7K
$298.1K – $397.4K
NOI $23,846 @ 7.0% cap · market cap 3.18%
Theoretical Best
Office A
$516.7K
$452.1K – $602.8K
NOI $36,166 @ 7.0% cap · market cap 4.82%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
J and K Roadside ...
Road Safety Town
Similar For Sale Nearby
FAQs
What type of property is this?
Office units - Office unit on a half-acre lot with road frontage on busy Guess Road in Durham.
Where is this office units located?
The property is located at 3219 Guess Road Unit 3219 Durham, NC.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Office unit on a half‑acre lot with road frontage on busy Guess Road in Durham; Convenient access to Hwy 85, Duke, RTP, and major shopping centers; Central air conditioning
