Durham Commercial Investment
For Sale
$730,000
901 E Trinity Avenue, Durham, NC 27704
COMMERCIAL - Durham, NC
Property Size2,640 SF
Lot Size0.23 Acres
Price / SF$276.52
Days on Market575
Property Features for 901 E Trinity Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Standard status
Active
Size
2,640 SF
Lot size
0.23 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
PROP-GEER F C EST/BLK:05/ LT#31-32 PL:00005B-000106
Tax Annual Amount
2325
Legal Description
PROP-GEER F C EST/BLK:05/ LT#31-32 PL:00005B-000106
Building Details
Year built
1980
Building materials
Stone
Listing Agency:
Century 21 Triangle Group · Century 21 Real Estate
(919) 720-4217
Listed By:
Jose Cruz Labrada · License #312455
(984) 239-8452
Added: Jan 2, 2025
Changed: May 19
Last Checked: Jul 31 at 8:06AM
MLS# 10068825
Copyright © 2026 Doorify MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This commercial property in Durham presents an investment opportunity. The property is currently occupied by a tenant with a 5-year Double Net (NN) lease, paying $5,500 per month, which delivers a 7.5% cap rate. The lease terms assign responsibilities to the tenant beyond structural maintenance. The property is located in a high-traffic corridor, offering excellent visibility. Automotive and light industrial spaces are in high demand, and the limited availability of body shop-ready properties in Durham enhances the property's appeal. The lot size is 0.23 acres, and the property size is 2,640 square feet.
Key Highlights
- Tenant in place paying $5,500/month on a 5‑year Double Net (NN) lease.
- Delivers an attractive 7.5% cap rate with no landlord responsibilities beyond structure.
- Scarcity of body shop‑ready properties in Durham increases attractiveness.
Financial Insights For Industrial
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 | $52.9k | $20.04 |
| − Vacancy | −$3.1k | −$1.16 |
| EGI | $49.8k | $18.88 |
| − OpEx | −$15.0k | −$5.66 |
| NOI | $34.9k | $13.21 |
2,640 SF · lease $20.04/SF/yr · vacancy 5.80% · expense 30.00%
Alternative Uses
Best Use
Industrial
$498.4K
$436.1K – $581.4K
NOI $34,886 @ 7.0% cap · market cap 4.78%
Second Best
Retail
$434.8K
$380.5K – $507.3K
NOI $30,437 @ 7.0% cap · market cap 4.17%
Theoretical Best
Office A
$852.5K
$745.9K – $994.6K
NOI $59,674 @ 7.0% cap · market cap 8.17%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
531
Businesses Nearby
23k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 69%
Groceries 22%
Electronics 9%
Speedway
Shops & Services
14,129 visits/mo
0.4 miles
Mi Pueblo Food Center
Groceries
5,061 visits/mo
0.2 miles
Cricket Wireless Authorized Retailer
Electronics
2,025 visits/mo
0.2 miles
Napa Auto Parts
Shops & Services
1,317 visits/mo
0.4 miles
Demographics for 27704, NC
39,532
Population
16,824
Households
2.3
Avg Household Size
36
Median Age
33%
College-Educated
85%
High-School Grad
41.4 sq mi
ZIP Area
955
Density / Sq Mi
$62,435
Median Household Income
$36,955
Median Earnings
$1,306
Median Rent
$270,000
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- A-1 Body Shop — 714 E Geer St ste b, Durham, NC 27701
- Auto Cambio Universal - High Quality Mechanic & Towing Services, Auto Collision Repair, Car Maintenance — 102 broadway st, durham, nc 27701
- Auto Cambio Universal — 102 Broadway St, Durham, NC 27701
- Henderson's Paint, Body, Detail & Towing — 701 N Mangum St Suite B, Durham, NC 27701
- P.J. & Rick's Tire Sale — 616 e geer st, durham, nc 27701
Frequently Asked Questions
What type of property is this?
Auto shop - Tenant-occupied commercial property in Durham with high visibility.
Where is this auto shop located?
The property is located at 901 E Trinity Avenue Durham, NC.
What is the asking price?
The asking price for this property is $730,000.
What are key features of this property?
This property features: Tenant in place paying $5,500/month on a 5‑year Double Net (NN) lease.; Delivers an attractive 7.5% cap rate with no landlord responsibilities beyond structure.; Scarcity of body shop‑ready properties in Durham increases attractiveness.
