Standalone Office
4137 South Alston Avenue Durham, NC 27713
For Sale
Contact for pricing
Versatile standalone office building offered for sale on a 1-acre site.
Property Size1,024 SF
Price / SF$390.63
Days on Market77
Property Features for 4137 South Alston Avenue
General Information
- Standard status
- Active
- Size
- 1,024 SF
- Property subtype
- Office, Land
Building Details
- Year Built
- 1942
Listing Agency:
Trinity Partners
(919) 674-3677
Listed By:
Garrett Lewis · License #331781
Source:
Crexi
Added: May 11
Changed: Jul 22
Last Checked: Jul 25 at 1:38PM
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 Trinity Partners
Investment Insights
Based on property information with market context.
This standalone office building is offered for sale as a versatile commercial property on a 1-acre site. The building is sized at 1,024, providing a dedicated office setting for prospective owners or occupants.
The property is located at 4137 South Alston Avenue in Durham, NC, and is presented as a standalone asset suitable for office-focused use.
For sale as-is, the offering supports buyers looking for an independent office building on its own site.
The property is located at 4137 South Alston Avenue in Durham, NC, and is presented as a standalone asset suitable for office-focused use.
For sale as-is, the offering supports buyers looking for an independent office building on its own site.
Key Highlights
- Standalone office building built in 1942
- Offered for sale on a 1‑acre site
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 | $25.6k | $24.96 |
| − Vacancy | −$4.5k | −$4.37 |
| EGI | $21.1k | $20.59 |
| − OpEx | −$5.3k | −$5.15 |
| NOI | $15.8k | $15.44 |
1,024 SF · lease $24.96/SF/yr · vacancy 17.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$225.9K
$197.7K – $263.6K
NOI $15,815 @ 7.0% cap · market cap 3.95%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$330.7K
$289.3K – $385.8K
NOI $23,146 @ 7.0% cap · market cap 5.79%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
AEDAN Workshop
Landscaping
Weslin Farms
Food Processing Plant
FAQs
What type of property is this?
Office building - Versatile standalone office building offered for sale on a 1-acre site.
Where is this office building located?
The property is located at 4137 South Alston Avenue Durham, NC.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: Standalone office building built in 1942; Offered for sale on a 1‑acre site
