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    4020 Roxboro St Durham, NC 27704

    Sponsored
    For Sale
    Contact for pricing

    Three Class A condos, 2024 renovation

    Property size:
    41,588 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This Durham, NC medical office building offers three remaining Class A condominiums for sale or lease. The 41,588 square foot building, constructed in 1984 and extensively renovated in 2024, features a total of five tenants across three units. Each condo ranges from 2,100 to 3,400 square feet. The property boasts a prime location on North Roxboro Street (17,500 vehicles per day), providing excellent visibility and convenient access to numerous amenities. Its proximity to Duke Regional Hospital (two miles) and other major medical facilities positions it within a thriving medical office submarket in North Durham. Building amenities include ample parking (6:1000 ratio), updated HVAC systems, renovated common areas (corridors and restrooms), a renovated elevator, and building and monument signage opportunities. Current tenants include established medical practices such as Bull City Family Medicine, Gladwell Orthodontics & Carolinas Dentist, Mosaic Pediatric Therapy, and Cummings DDS. The property is zoned OI and is offered fee simple. This is a rare opportunity to acquire a well-located, recently renovated medical office condominium in a high-demand area.

    Property Features for 4020 Roxboro St

    General Information

    Property type
    Medical offices
    Square Feet
    41,588 SF
    Class
    A

    Building Details

    Year Built/Renovated
    1984/2024
    Buildings
    1
    Stories
    2
    Units
    3

    HighLights

    • Three Class A medical office condos available for sale or lease in a 41,588 SF building.
    • Building recently renovated in 2024, offering 2,100‑3,400 SF units.
    • Prime North Roxboro Street location with high traffic counts (17,500 VPD) and excellent visibility.
    • Strong medical submarket location, two miles from Duke Regional Hospital.
    • Building amenities include ample parking (6:1000 ratio), new HVAC, renovated common areas, and a renovated elevator; building and monument signage available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Aditee Pradhan Narayan Pediatrician Dr. Nancy Murray, ... Pediatrician Duke Geriatric Evaluation ... Geriatrician Dr. Amber M. ... Pediatrician Herold Beth C Pediatrician

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Durham
    County
    Durham
    State
    North Carolina
    Longitude
    -78.90232325
    Latitude
    36.04602505

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    FAQs

    What type of property is this?
    Medical office - Three Class A condos, 2024 renovation
    Where is this medical office located?
    The property is located at 4020 Roxboro St Durham, NC.
    What are key features of this property?
    This property features: Three Class A medical office condos available for sale or lease in a 41,588 SF building.; Building recently renovated in 2024, offering 2,100-3,400 SF units.; Prime North Roxboro Street location with high traffic counts (17,500 VPD) and excellent visibility.
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    4020 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
    4020 Roxboro St Durham, NC 27704
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