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    3800 Guess Rd Durham, NC 27705

    For Lease
    Contact for pricing

    Prime 0.62-acre lot, high traffic area.

    Lot size:
    27,007 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional commercial ground lease opportunity presents a 0.62-acre parcel ideally situated at the corner of Guess Road and Horton Roads in Durham, North Carolina. The property boasts a highly visible location within a thriving commercial corridor, benefiting from significant daily traffic volume on both Guess Road (24,000 vehicles per day) and Horton Road (13,500 vehicles per day). Its strategic position offers unparalleled exposure for businesses seeking a prominent presence in this dynamic area. The lot is zoned CG (D) in Durham County and is conveniently located approximately two miles north of Interstate 85, providing easy access to major transportation routes. With an APN of 172753, this single-tenant land parcel presents a unique chance to establish a long-term presence in one of Durham's most sought-after commercial areas. The property's address is 3800 Guess Rd, Durham, NC 27705. This is an excellent opportunity for businesses seeking a high-visibility location with strong traffic counts and convenient access to major roadways. Serious inquiries are encouraged to explore the potential of this prime commercial ground lease.

    Property Features for 3800 Guess Rd

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    27,007 SF

    Unit(s) available at that property

    Space
    3800 Guess Road
    Size
    27,007 SF

    HighLights

    • Excellent location in a thriving commercial area, easily accessible from Guess and Horton Roads.
    • High‑traffic location surrounded by established and new businesses.
    • Major highway access improves customer and delivery accessibility.
    • Suitable for retail, restaurant, or service businesses.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    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
    -78.92868829
    Latitude
    36.05740268

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    FAQs

    What type of property is this?
    Land - Prime 0.62-acre lot, high traffic area.
    Where is this land located?
    The property is located at 3800 Guess Rd Durham, NC.
    What are key features of this property?
    This property features: Excellent location in a thriving commercial area, easily accessible from Guess and Horton Roads.; High-traffic location surrounded by established and new businesses.; Major highway access improves customer and delivery accessibility.
    Request Owner's contact information
    3800 Guess Rd Durham, NC 27705
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    Durham, NC 27705
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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
    3800 Guess Rd Durham, NC 27705
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