Durham Office Near Highway
3219 Guess Durham, NC 27705
3219 Guess, Durham, NC, 27705
$750,000
For Sale
$750,000
Office property close to Highway 85, Duke, and RTP.
Property Size1,600 SF
Price / SF$468.75
Days on Market417
Property Features for 3219 Guess
General Information
- Standard status
- Active
- Size
- 1,600 SF
Building Details
- Year Built
- 1937
Listing Agency
LING WU
Listed by
LING WU
Source
Corcoran
Added: May 26, 2025 Checked: Mar 16 at 9:09 am
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 1,600-square-foot property is located close to Highway 85, Duke University, Research Triangle Park (RTP), and major shopping centers. Situated with road frontage on Guess Road, the property includes a half-acre lot. It is suitable for various uses, including home occupation, medical, dental, attorney, or accounting offices.
Key Highlights
- Convenient location near Hwy 85, Duke University, and Research Triangle Park (RTP).
- Suitable for business or residential use.
- High‑visibility road frontage on Guess Road.
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
Property Profile
Location Intelligence
Current Use by Public Records
J and K Roadside ...
Road Safety Town
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FAQs
What type of property is this?
Medical Office Space - Office property close to Highway 85, Duke, and RTP.
Where is this medical office space located?
The property is located at 3219 Guess 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: Convenient location near Hwy 85, Duke University, and Research Triangle Park (RTP).; Suitable for business or residential use.; High‑visibility road frontage on Guess Road.
