Commercial Land with Existing
For Sale
$5,000,000
501 N Mangum Street, Durham, NC 27701
Commercial Sale, Durham, NC
Property Size8,000 SF
Lot Size0.69 Acres
Price / SF$625
Days on Market143
Property Features for 501 N Mangum Street
General Information
Property type
Commercial Sale
Property subtype
Retail
Rooms
Basement
Basement
Walk-Out Access, Exterior Entry
Subdivision
Not in a Subdivision
Standard status
Active
APN
0831-08-1442 and 0831-08-1343
Size
8,000 SF
Lot size
0.69 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
Prop-Allenton Co DBA/Public Hardware PL:102-162 and Prop-Knight Alton J DBA/Surface Parking Lot PL:41-195
Tax Annual Amount
24993
Legal Description
Prop-Allenton Co DBA/Public Hardware PL:102-162 and Prop-Knight Alton J DBA/Surface Parking Lot PL:41-195
Utilities
Sewer type
Public Sewer
Water source
Public
Building Details
Year built
1954
Floors in Building
1
Building materials
Metal Siding
Buildings
1
Listing Agency:
Mamie Wilson Realty LLC
Listed By:
Mamie Wilson
(919) 201-2996
Added: Jun 10
Changed: Oct 29
Last Checked: Oct 30 at 9:06AM
MLS# 10173029
Copyright © 2026 Doorify MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The 0.69-acre commercial parcel includes an 8,000-square-foot building and a 4,000-square-foot basement, with walk-in and roll-up doors providing access. The building dates to 1954 and has metal siding. The lot is fenced and includes on-site parking; public water and sewer serve the property.
A prior City of Durham plan for the site called for a 15-story project with four parking levels, more than 200 multifamily residences, related amenities and infrastructure, and over 350,000 square feet in total. Plans are on file with the Durham Planning Department as Case #A-D2300216; current approval status and development requirements should be confirmed with the city. The property is on N Mangum Street in downtown Durham, within walking distance of restaurants, shopping, and entertainment.
A prior City of Durham plan for the site called for a 15-story project with four parking levels, more than 200 multifamily residences, related amenities and infrastructure, and over 350,000 square feet in total. Plans are on file with the Durham Planning Department as Case #A-D2300216; current approval status and development requirements should be confirmed with the city. The property is on N Mangum Street in downtown Durham, within walking distance of restaurants, shopping, and entertainment.
Key Highlights
- 0.69‑acre parcel with a fenced lot and on‑site parking
- Existing 8,000‑square‑foot building and 4,000‑square‑foot basement
- Walk‑in and roll‑up doors provide building access
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
2,878
Businesses Nearby
4k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 60%
Beauty & Spa 40%
Rock Paper Scissors
Beauty & Spa
1,491 visits/mo
0.1 miles
Mr. Tire
Shops & Services
1,263 visits/mo
0.2 miles
US Storage Centers
Shops & Services
939 visits/mo
0.1 miles
Demographics for 27701, NC
25,208
Population
13,409
Households
1.9
Avg Household Size
34
Median Age
50%
College-Educated
85%
High-School Grad
5.2 sq mi
ZIP Area
4,848
Density / Sq Mi
$66,852
Median Household Income
$47,681
Median Earnings
$1,279
Median Rent
$457,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Commercial land - An existing commercial structure includes basement space and both walk-in and roll-up access.
Where is this commercial land located?
The property is located at 501 N Mangum Street Durham, NC.
What is the asking price?
The asking price for this property is $5,000,000.
What are key features of this property?
This property features: 0.69‑acre parcel with a fenced lot and on‑site parking; Existing 8,000‑square‑foot building and 4,000‑square‑foot basement; Walk‑in and roll‑up doors provide building access
