3201 Yorktown, Durham, NC 27713
Office condominium in Durham, convenient location, suitable for investors.
- Added:
- Oct 1, 2025
- Days on Market:
- 257
- Last Refresh:
- Apr 5 at 9:22 pm
Property Features for 3201 Yorktown
General Information
- Standard status
- Active
- Size
- 1,183 SF
- Lot size
- 1.50 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1988
Listing agent JOEL SIVERTSEN
Listing office NORTHGROUP REAL ESTATE, INC. (704) 412-2804
Listing date Oct 1, 2025
Source Corcoran
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 NORTHGROUP REAL ESTATE, INC.
HighLights
- Prime location: Just 15 minutes from RDU and close to RTP, downtown Durham, and I‑40.
- Good lease potential for investors.
- Opportunity to move your business in and grow.
- Historically significant location: Where Red Hat got its start.
- Convenient access to all points in the Triangle.
- Built in 1988.
Overview
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 | $29.5k | $24.96 |
| − Vacancy | −$5.2k | −$4.37 |
| EGI | $24.4k | $20.59 |
| − OpEx | −$6.1k | −$5.15 |
| NOI | $18.3k | $15.44 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Durham
- County
- Durham
- State
- North Carolina
- Longitude
- -78.8935
- Latitude
- 35.9358
