Industrial Warehouse with
For Sale
Contact for pricing
806 E Ramseur Street, Durham, NC 27701
Fully fenced property with lay down yard and I-2 zoning for industrial storage and distribution use near downtown.
Property Size12,500 SF
Price / SF$159.60
Days on Market118
Property Features for 806 E Ramseur Street
General Information
Standard status
Active
Size
12,500 SF
Property subtype
Industrial
Zoning
I-2
Investment Type
Owner/User
Site & Location
Highway Access
Yes
Fenced Yard
Yes
Building Details
Buildings
1
Units
1
Tenancy
Single
Listing Agency:
CityPlat LLC
Listed By:
Graham Storey · License #NC 298847
(919) 698-8799
Source:
Crexi
Added: Jun 11
Changed: Oct 2
Last Checked: Oct 5 at 3:06PM
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 CityPlat LLC
Investment Insights
Based on property information with market context.
This 12,500 SF industrial building offers an owner-user option with functional warehouse and distribution space. The site is fully fenced and includes a lay down yard designed to support outdoor storage alongside indoor operations. With I-2 zoning, the property is positioned to accommodate a wide range of industrial users seeking a practical, self-contained setup.
The property is located in downtown Durham on the first parcel immediately off the Durham Freeway exit, providing fast highway access. It offers strong visibility and is just minutes from the city center. This location can support tenants that value quick regional connectivity and convenient access to downtown.
For operators needing both warehouse space and fenced outdoor storage, the lay down yard provides an onsite area for managing inventory and materials. The zoning supports industrial use, making the building a straightforward fit for companies looking for a single-site solution for distribution and warehousing in a central Durham setting.
The property is located in downtown Durham on the first parcel immediately off the Durham Freeway exit, providing fast highway access. It offers strong visibility and is just minutes from the city center. This location can support tenants that value quick regional connectivity and convenient access to downtown.
For operators needing both warehouse space and fenced outdoor storage, the lay down yard provides an onsite area for managing inventory and materials. The zoning supports industrial use, making the building a straightforward fit for companies looking for a single-site solution for distribution and warehousing in a central Durham setting.
Key Highlights
- 12,500 SF industrial building in downtown Durham
- Fully fenced property with a lay down yard for outdoor storage in addition to warehouse/distribution use
- Single‑user setup with fast highway access from the first parcel immediately off the Durham Freeway exit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$165,180
Cap Rate
8.28%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,303,600
$3.3M
Cap Rate 7%
$2,359,714
$2.4M
Cap Rate 9%
$1,835,333
$1.8M
Market Conditions
NOI Build-Up for 12,500 SF
Gross rent
$250.5K $20.04/SF
− Vacancy
−$14.5K −$1.16/SF
EGI
$236.0K $18.88/SF
− OpEx
−$70.8K −$5.66/SF
NOI
$165.2K $13.21/SF
Area
Durham, NC
Vacancy
5.80%
Lease Rate
$20.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,303,600
Cap Rate 7%
$2,359,714
Cap Rate 9%
$1,835,333
Alternative Uses
Best Use
Industrial
$2.36M
$2.06M – $2.75M
NOI $165,180 @ 7.0% cap · market cap 8.28%
Second Best
Warehouse
$1.27M
$1.11M – $1.48M
NOI $88,931 @ 7.0% cap · market cap 4.46%
Theoretical Best
Office A
$4.04M
$3.53M – $4.71M
NOI $282,547 @ 7.0% cap · market cap 14.16%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Yes
Fenced yard
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,239
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
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Frequently Asked Questions
What type of property is this?
Warehouse - Fully fenced property with lay down yard and I-2 zoning for industrial storage and distribution use near downtown.
Where is this warehouse located?
The property is located at 806 E Ramseur Street Durham, NC.
What is the asking price?
The asking price for this property is $1,995,000.
What are key features of this property?
This property features: 12,500 SF industrial building in downtown Durham; Fully fenced property with a lay down yard for outdoor storage in addition to warehouse/distribution use; Single‑user setup with fast highway access from the first parcel immediately off the Durham Freeway exit
