Office Unit in Professional
For Sale
Contact for pricing
4210 North Roxboro Street, Durham, NC 27704
The suite is in an OI-zoned professional center with ample parking.
Property Size2,408 SF
Price / SF$234.63
Days on Market71
Property Features for 4210 North Roxboro Street
General Information
Standard status
Active
Size
2,408 SF
Property subtype
Office
Zoning
Office Institutional (OI)
Building Details
Year Built
2004
Buildings
3
Tenancy
Multi
Listing Agency:
SVN | Real Estate Associates
Listed By:
Alex Zajdel · License #357883
Source:
Crexi
Added: Jun 22
Changed: Aug 30
Last Checked: Aug 30 at 4:33PM
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 SVN | Real Estate Associates
Investment Insights
Based on property information with market context.
Suite 140 contains 2,408 square feet of office space within the Roxboro Road Professional Center. The property was built in 2004 and is zoned Office Institutional (OI), with the suite positioned for professional services and medical office operations. The center has an established tenant mix and ample parking.
Located at 4210 North Roxboro Street in Durham, the property records approximately 21,417 vehicles per day, providing a measurable traffic setting for an office user. The suite is part of a maintained professional center serving the north Durham market.
Located at 4210 North Roxboro Street in Durham, the property records approximately 21,417 vehicles per day, providing a measurable traffic setting for an office user. The suite is part of a maintained professional center serving the north Durham market.
Key Highlights
- 2,408 SF office unit in Suite 140
- Office Institutional (OI) zoning
- Built in 2004
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$37,189
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.58%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$743,780
$743.8K
Cap Rate 7%
$531,271
$531.3K
Cap Rate 9%
$413,211
$413.2K
Market Conditions
NOI Build-Up for 2,408 SF
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.
Gross rent
$60.1K $24.96/SF
− Vacancy
−$10.5K −$4.37/SF
EGI
$49.6K $20.59/SF
− OpEx
−$12.4K −$5.15/SF
NOI
$37.2K $15.44/SF
Area
Durham, NC
Vacancy
17.50%
Lease Rate
$24.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$743,780
Cap Rate 7%
$531,271
Cap Rate 9%
$413,211
Alternative Uses
Best Use
Office B
$531.3K
$464.9K – $619.8K
NOI $37,189 @ 7.0% cap · market cap 6.58%
Second Best
Healthcare Medical
$512.7K
$448.6K – $598.2K
NOI $35,889 @ 7.0% cap · market cap 6.35%
Theoretical Best
Office A
$777.6K
$680.4K – $907.2K
NOI $54,430 @ 7.0% cap · market cap 9.63%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,505
Businesses Nearby
Explore this area
Business Placement
Demographics for 27704, NC
39,532
Population
16,824
Households
2.3
Avg Household Size
36
Median Age
33%
College-Educated
85%
High-School Grad
41.4 sq mi
ZIP Area
955
Density / Sq Mi
$62,435
Median Household Income
$36,955
Median Earnings
$1,306
Median Rent
$270,000
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - The suite is in an OI-zoned professional center with ample parking.
Where is this office units located?
The property is located at 4210 North Roxboro Street Durham, NC.
What is the asking price?
The asking price for this property is $565,000.
What are key features of this property?
This property features: 2,408 SF office unit in Suite 140; Office Institutional (OI) zoning; Built in 2004
