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Industrial Land For Sale/Lease

1816 S Briggs Ave, Durham, NC 27703

For Sale
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2.85-acre industrial land with frontage on Briggs Avenue.

Property SizeContact for details
Lot Size2.85 Acres
Days on Market795

Property Features for 1816 S Briggs Ave

General Information

Standard status Active
Lot size 2.85 Acres
Property subtype Land
Zoning Industrial Light
Listing Agency: Pickett Sprouse Commercial Real Estate
Listed By: Anna Jenkins · License #NC
Source: Crexi
Added: Sep 6, 2024 Changed: Nov 3 Last Checked: Nov 8 at 7:07AM

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 Pickett Sprouse Commercial Real Estate

Rey
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Investment Insights

Based on property information with market context.

This 2.85-acre industrial land is available for sale or lease in Durham. The owner is open to a build-to-suit arrangement with a longer-term lease. The property has frontage on Briggs Avenue and offers convenient access to NC 147, I-885, and US 70. It is located minutes from I-85, I-40, and Downtown Durham, and is a 17-minute drive to RDU. The zoning is Industrial Light. Approximately 1.2 acres are usable.

Key Highlights

  • Prime Location: Easy access to NC 147, I‑885, US 70, I‑85, I‑40, and Downtown Durham.
  • Industrial Light Zoning: Suitable for a variety of industrial uses.
  • Build‑to‑Suit Option: Owner will consider build‑to‑suit with a longer term lease.

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Suggested Use

Top Pick Dental Office Law Firm Hair Salon Real Estate Agency Nail Salon Barber Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

205
Businesses Nearby

Demographics for 27703, NC

61,539
Population
27,122
Households
2.3
Avg Household Size
36
Median Age
45%
College-Educated
88%
High-School Grad
49.1 sq mi
ZIP Area
1,253
Density / Sq Mi
$86,953
Median Household Income
$51,462
Median Earnings
$1,469
Median Rent
$340,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025

Frequently Asked Questions

What type of property is this?
Industrial land - 2.85-acre industrial land with frontage on Briggs Avenue.
Where is this industrial land located?
The property is located at 1816 S Briggs Ave Durham, NC.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: Prime Location: Easy access to NC 147, I‑885, US 70, I‑85, I‑40, and Downtown Durham.; Industrial Light Zoning: Suitable for a variety of industrial uses.; Build‑to‑Suit Option: Owner will consider build‑to‑suit with a longer term lease.
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