Building Details

Buildings 3

Listing Agency: Lee & Associates - Raleigh Durham m***@lee-associates.com Show Phone

Listed By: Moss Withers · License #NC

Source: Crexi

Added: Dec 7, 2020 Changed: Aug 8 Last Checked: Aug 20 at 6:21AM

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Investment Insights

Based on property information with market context.

This property consists of two parcels totaling approximately 4.585 acres. An approved site plan is in place for the development of 33,000 square feet of retail and office space.

Key Highlights

• Two Parcels Totaling ±4.585 Acres
• Approved Site Plan for 33,000 SF of Retail and Office Development

Property Analytics

Property Profile

Current Use

Commercial land

Suggested Use

Top Pick Auto Repair Shop Auto Parts Store Hair Salon Garden Center HVAC Service Spa & Massage Center

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

989

Businesses Nearby

Explore this area Business Placement

Demographics for 27560, NC

38,959

Population

17,764

Households

2.2

Avg Household Size

33

Median Age

73%

College-Educated

96%

High-School Grad

27.4 sq mi

ZIP Area

1,422

Density / Sq Mi

$117,340

Median Household Income

$70,040

Median Earnings

$1,760

Median Rent

$466,900

Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019

16.4% 2020

17.3% 2021

18% 2022

18.6% 2023

20.3% 2024

20.2% 2025

Questions? Ask Rey

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What type of property is this? Where is this commercial land located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Commercial land - Two parcels totaling ±4.585 acres with approved site plan.

Where is this commercial land located?

The property is located at 5802 & 5904 S Miami Blvd Durham, NC.

What are key features of this property?

This property features: Two Parcels Totaling ±4.585 Acres; Approved Site Plan for **33,000 SF of Retail and Office Development**