Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Durham Commercial Space for Rent Title is generated by Realmo AI

    3430 Coates Industrial Blvd. Suite 150, Durham, NC 27705

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Commercial space available in a dynamic Durham business hub.

    Type:Industrial
    Added:
    Apr 17, 2021
    Days on Market:
    1861
    Last Refresh:
    May 13 at 8:14 pm

    Property Features for 3430 Coates Industrial Blvd. Suite 150

    General Information

    Standard status
    Active
    Property subtype
    Industrial

    Spaces For Lease

    at 3430 Coates Industrial Blvd. Suite 150 Contact us

    Suite 150 $14/Mo

    Size
    6,128 SF
    Type
    Industrial
    $15 Lease Rate
    Contact us

    We can help!

    Listing Contact
    Graham Storey
    Graham Storey

    Listing agent Graham Storey License #NC 298847

    Listing office CityPlat LLC

    Listing date Apr 17, 2021

    Source Crexi

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of CityPlat LLC

    HighLights

    • Prime location in a dynamic hub for business, education, and lifestyle.
    • Proximity to Research Triangle Park (RTP), a major business center with over 300 companies.
    • Close to Duke University, a source of top talent and innovation.
    • Easy access to major highways (I‑40, I‑85, U.S. Route 70) for convenient commuting.
    • Well‑connected to downtown Durham, RTP, and the broader Research Triangle region.
    • Variety of dining options nearby, including Foster’s Market.

    Overview

    Located at 3430 Coates Industrial Blvd, Suite 150, Durham, NC, this commercial space is situated in a dynamic hub for business, education, and lifestyle. The Research Triangle Park (RTP), approximately 8 miles away, hosts over 300 companies in sectors such as biotech, IT, and pharmaceuticals, establishing it as a significant business center. Duke University, located nearby, attracts talent in medicine and engineering, contributing to the region's skilled workforce. The local restaurant scene includes various dining options, such as Foster’s Market. The location benefits from connectivity to major highways, including Interstate 40 (I-40), Interstate 85 (I-85), and U.S. Route 70, providing access to downtown Durham, RTP, and the broader Research Triangle region, supporting both business and residential growth.
    Location Intelligence

    Current Use by Public Records

    Specialty properties

    Map

    City
    Durham
    County
    Durham
    State
    North Carolina
    Longitude
    -78.976
    Latitude
    36.0225

    Nearby Similar for Lease

    • Sponsored
      $129-$54,775/Mo
      11-2,612 SF

      NC, Durham - Spaces Mangum Street

      555 Mangum St, Unit 100, Durham, NC 27701
      View Details
    • $129-$2,998/Mo
      11-1,292 SF

      NC, Durham - 3511 Shannon Road

      3511 Shannon Rd, Durham, NC 27707
      View Details
    • $129-$3,608/Mo
      11-1,292 SF

      RTP Imperial

      4819 Emperor Blvd, Unit 400, Durham, NC 27703
      View Details
    • $45,045 SF/Yr
      2,145 SF

      Durham Office Space For Lease

      Flexible office unit with ample parking and recent upgrades.
      1906 Carolina 54, Durham, NC 27713
      View Details
    • $23 SF/Yr
      4,769 SF

      Durham Medical/Office Building for Lease

      Freestanding 4,769 SF building suitable for medical or office use.
      110 E. Carver Street, Durham, NC 27704
      View Details
    • $2,400/Mo
      5,120 SF

      Professional Office Condos For Lease

      Office condos for lease near Duke University Medical Center.
      2741 Campus Walk Ave, Building 400, Durham, NC 27705
      View Details
    • $3,950,000 SF/Yr
      9,790 SF

      Versatile Building Available for Lease/Sale

      Adaptable building suitable for restaurant, fitness, or office use.
      211 Rigsbee Ave, Durham, North Carolina 27701
      View Details
    • $18 SF/Yr
      2,312 SF

      Prime Medical Office Space Available

      Versatile medical/office space in Durham's thriving North Duke corridor.
      2609 N Duke Street, Durham, NC 27704
      View Details
    • $30 SF/Yr
      94,603 SF

      Plug and Play Lab Space

      Move-in ready lab and office space in Durham, NC.
      4025 Stirrup Creek Drive, Durham, NC 27703
      View Details
    • $20 SF/Yr
      2,408 SF

      Roxboro Road Professional Office Space

      Office space ideal for professional services and medical offices.
      4210 N. Roxboro Street, Suite 140, Durham, NC 27704
      View Details
    • $27 SF/Yr
      16,679 SF

      Durham Office and Retail Space

      Office and retail suites available for lease in Durham.
      404 Hunt Street, Durham, North Carolina 27701
      View Details
    • $3,000/Mo
      2,400 SF

      Retail Space on N Duke

      Retail space available for rent on N Duke Street.
      3925 N Duke Street 121, Durham, NC 27704
      View Details

    FAQs

    What type of property is this?
    Specialty property - Commercial space available in a dynamic Durham business hub.
    Where is this specialty property located?
    The property is located at 3430 Coates Industrial Blvd. Suite 150 Durham, NC.
    What is the lease rate?
    The lease rate is $14 SF/Yr.
    What are key features of this property?
    This property features: Prime location in a dynamic hub for business, education, and lifestyle.; Proximity to Research Triangle Park (RTP), a major business center with over 300 companies.; Close to Duke University, a source of top talent and innovation.
    (919) 698-8799 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Graham Storey
    Graham Storey
    Real Estate License ID: NC 298847
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    3430 Coates Industrial Blvd., Suite 150, Durham, NC 27705
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!