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Industrial Land Assemblage
For Sale
$16,500,000
Pending

6379 Grandale Drive, Durham, NC 27713

Planned for General Industrial use under Durham’s 2023 comprehensive plan.

Property SizeContact for details
Days on Market10

Property Features for 6379 Grandale Drive

General Information

Standard status Pending
Listing Agency: Dream Maker Properties LLC
Listed By: R. Allen Lyles · License #202810
Source: Dreammakerproperties.idxbroker
Added: Sep 15 Changed: Sep 20 Last Checked: Sep 24 at 6:40AM

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 Dream Maker Properties LLC

Investment Insights

Based on property information with market context.

This 45+ acre industrial land assemblage is designated for General Industrial use in Durham’s 2023 comprehensive plan. Durham’s New UDO identifies the land use as Commercial Heavy, a designation that includes industrial uses. High-tension power and a large gas line are located on site, while public water and sewer are located on Grandale Dr.

The property is at 6379 Grandale Drive in Durham, with access to Interstate 40 and Highway 55 through the Hopson Road Extension or Grandale Drive. Research Triangle Park is accessible via TW Alexander Drive, and the property is situated between Raleigh, Durham, and Chapel Hill. It is also next to a new industrial park and Research Triangle Park.

Key Highlights

  • 45+ acre industrial land assemblage
  • Durham’s 2023 comprehensive plan designates the property for General Industrial use
  • Durham’s New UDO shows Commercial Heavy land use, which includes industrial uses

Property Analytics

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Current Use

Industrial land

Suggested Use

Top Pick Real Estate Agency Building Supply Big Box & Wholesale Store Law Firm Kitchen & Bath Showroom HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

23
Businesses Nearby

Demographics for 27713, NC

54,988
Population
26,266
Households
2.1
Avg Household Size
36
Median Age
65%
College-Educated
96%
High-School Grad
35.4 sq mi
ZIP Area
1,553
Density / Sq Mi
$96,900
Median Household Income
$56,918
Median Earnings
$1,460
Median Rent
$380,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
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Frequently Asked Questions

What type of property is this?
Industrial land - Planned for General Industrial use under Durham’s 2023 comprehensive plan.
Where is this industrial land located?
The property is located at 6379 Grandale Drive Durham, NC.
What is the asking price?
The asking price for this property is $16,500,000.
What are key features of this property?
This property features: 45+ acre industrial land assemblage; Durham’s 2023 comprehensive plan designates the property for General Industrial use; Durham’s New UDO shows Commercial Heavy land use, which includes industrial uses
More about this property
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