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    3700 Cook Rd Durham, NC 27707

    For Lease
    Contact for pricing

    Prime Durham location, flexible acreage, commercial zoning.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional commercial land offering presents a unique investment opportunity in Durham, North Carolina. Located at the high-traffic corner of Fayetteville Street and Cook Road, this property encompasses two parcels with a combined acreage ranging from 0 to 5 acres, providing flexibility for various development projects. The property's address is 3700 Fayetteville Street & 108 Cook Road, Durham, NC 27707, with APN numbers 122587 & 134317 in Durham County. The zoning is designated as Commercial Neighborhood (CN), allowing for a wide range of commercial uses. The land is currently available for ground lease, with the exact acreage negotiable. This prime location offers excellent visibility and accessibility, making it ideal for businesses seeking a prominent presence in a thriving Durham market. The property's strategic position at a major intersection ensures high traffic volume and exposure, presenting a significant advantage for any commercial venture. Interested parties are encouraged to inquire about the available acreage and lease terms. This is a rare opportunity to secure a substantial land parcel in a highly desirable area of Durham.

    Property Features for 3700 Cook Rd

    General Information

    Property type
    Land
    Lease Type
    Gross Lease

    Unit(s) available at that property

    Space
    3700 Fayetteville Street & 108 Cook Road
    Size
    0 SF

    HighLights

    • High‑traffic corner lot at Fayetteville St & Cook Rd, Durham, NC, directly across from Hillside High School (approx. 18,500 VPD).
    • Excellent location, approximately 3.5 miles from downtown Durham, 4 miles from I‑40, and 5 miles from Research Triangle Park.
    Property Profile 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 Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Durham
    County
    Durham
    State
    North Carolina
    Longitude
    -78.9059226
    Latitude
    35.95364562

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    FAQs

    What type of property is this?
    Land - Prime Durham location, flexible acreage, commercial zoning.
    Where is this land located?
    The property is located at 3700 Cook Rd Durham, NC.
    What are key features of this property?
    This property features: High-traffic corner lot at Fayetteville St & Cook Rd, Durham, NC, directly across from Hillside High School (approx. 18,500 VPD).; Excellent location, approximately 3.5 miles from downtown Durham, 4 miles from I-40, and 5 miles from Research Triangle Park.;
    Request Owner's contact information
    3700 Cook Rd Durham, NC 27707
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    Durham, NC 27707
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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
    3700 Cook Rd Durham, NC 27707
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