830 N Mangum St., Durham, NC 27701
Historic structure on a large lot with flexible zoning and ample parking, suited for an office conversion or renovation.
- Added:
- Jun 25, 2026
- Days on Market:
- 3
- Last Refresh:
- Jun 27 at 3:56 am
Property Features for 830 N Mangum St.
General Information
- Standard status
- Active
- Size
- 3,300 SF
- Lot size
- 0.48 Acres
- Property subtype
- Office
Building Details
- Year Built
- 1920
Listing office (919) 730-8719
Listing date Jun 25, 2026
Source Maverickpartners
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All listing content including descriptions, pricing, images are the copyrighted material of Bradley Wiese
HighLights
- Historic property with 3,300 SF structure built in 1920 in the Old North Durham/Duke Park Historic District
- 0.48‑acre lot with ample parking, offering space for multiple uses
- Flexible zoning: CG (commercial general)
- Historic interior details including hardwood floors, original trim work, beadboard ceilings, and a massive front porch
- Updates include a new roof (2017) and new HVAC (2016)
Overview
Set on a 0.48-acre lot, the site offers ample parking, providing practical support for office users and other redevelopment scenarios consistent with the property’s zoning. The property is described as being within walking distance of Downtown Durham amenities, including Central Park and multiple dining and entertainment options.
For tenants, buyers, or operators considering a value-add approach, the building’s historic features and prior mechanical improvements can be helpful starting points. A new roof was installed in 2017, and HVAC was updated in 2016, while the remaining improvements offer flexibility to tailor the space for modern office needs. With flexible zoning (CG) and a sizable parcel, this property may also suit alternative reuse strategies that benefit from parking and a downtown-oriented setting.
Local 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 | $82.4k | $24.96 |
| − Vacancy | −$14.4k | −$4.37 |
| EGI | $68.0k | $20.59 |
| − OpEx | −$17.0k | −$5.15 |
| NOI | $51.0k | $15.44 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Durham
- County
- Durham
- State
- North Carolina
- Longitude
- -78.8942681
- Latitude
- 36.0030582
