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    3500 Roxboro St Durham, NC 27704

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    Durham, NC: Prime Retail Land Available

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    Two exceptional retail outparcels are available for purchase within the thriving Oxford Commons shopping center in Durham, North Carolina. Situated on a combined 5.329 acres of land, these parcels offer significant development potential. Parcel 1 encompasses approximately 1.219 acres and is listed at $800,000. Parcel 2 offers up to approximately 4.11 acres, priced at $275,000 per acre. The property boasts excellent visibility and accessibility, located on heavily trafficked North Roxboro Street, just 1.5 miles north of the intersection of North Roxboro Road and I-85, and less than a mile from Duke Regional Hospital. Oxford Commons itself is a substantial 332,200 square foot shopping center anchored by a Food Lion grocery store, attracting an impressive 1.5 million visits annually, according to Placer.ai. The center's diverse tenant mix includes TROSA Thrift Store, Burger King, Caliber Car Wash, Shoe Show, Badcock Home Furniture, and Sunny's Beauty Supply. The property is zoned CC(D), reflecting its suitability for suburban commercial development. This presents a unique opportunity to acquire prime retail land in a high-traffic, established shopping center location with strong existing anchors and significant consumer traffic. The APN is 0833-12-7684. This is an exceptional investment opportunity in a rapidly growing area of Durham.

    Property Features for 3500 Roxboro St

    General Information

    Property type
    Lifestyle centers
    Lot Size
    232,131 SF

    HighLights

    • 5.329‑acre land parcel for sale in Durham, NC, suitable for retail development.
    • Two outparcels available: Parcel 1 (1.219 acres, $800,000) and Parcel 2 (up to 4.11 acres, $275,000/acre).
    • Located in Oxford Commons, a 332,200 SF shopping center anchored by Food Lion, with strong co‑tenancy.
    • High traffic location on N Roxboro St, near I‑85 and Duke Regional Hospital, attracting 1.5M annual visits.
    • Zoned CC(D) for Suburban Tier development.
    Property Profile Location Intelligence

    Current Use by Public Records

    Diego Green Visuals ... Photography Service Octapharma Plasma Blood Donation Center Oxford Commons Shopping Mall iShine iRock Period Non-Profit Organization Western Union Money Transfer Service

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Durham
    County
    Durham
    State
    North Carolina
    Longitude
    -78.892508
    Latitude
    36.037722

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    FAQs

    What type of property is this?
    Lifestyle center - Durham, NC: Prime Retail Land Available
    Where is this lifestyle center located?
    The property is located at 3500 Roxboro St Durham, NC.
    What are key features of this property?
    This property features: 5.329-acre land parcel for sale in Durham, NC, suitable for retail development.; Two outparcels available: Parcel 1 (1.219 acres, $800,000) and Parcel 2 (up to 4.11 acres, $275,000/acre).; Located in Oxford Commons, a 332,200 SF shopping center anchored by Food Lion, with strong co-tenancy.
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    3500 Roxboro St Durham, NC 27704
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    Durham, NC 27704
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3500 Roxboro St Durham, NC 27704
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