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    4350 Garrett Rd Durham, NC 27707

    For Sale
    $1,400,000

    ±2.82 Acres, Prime Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This ±2.82-acre commercial lot presents a rare infill opportunity in Durham, North Carolina. Located at 4350 Garrett Road, this property boasts exceptional access to the 15-501 corridor, placing it between Durham and Chapel Hill. The site is conveniently situated near the intersection with Durham-Chapel Hill Boulevard, providing high visibility and easy access for businesses. The property is zoned Commercial General (D), offering flexibility for a variety of commercial developments. Its adjacency to Go Dog Day Care & Boarding further enhances its appeal. The location offers convenient access to major transportation arteries, including proximity to I-40 (approximately 1.5 miles) and I-85 (approximately 5 miles) via the 15-501 corridor. Downtown Durham is approximately 5 miles away, and Chapel Hill is approximately 2 miles away. The asking price for this exceptional property is $1,400,000. The property's APN is 140087. This is a truly unique opportunity to acquire a strategically located commercial parcel in a thriving area.

    Property Features for 4350 Garrett Rd

    General Information

    Property type
    Land
    Lot Size
    122,839 SF

    HighLights

    • Rare infill opportunity near the 15‑501 corridor.
    • Adjacent to Go Dog Day Care & Boarding.
    • Centrally located between downtown Durham (approx. 5 miles) and Chapel Hill (approx. 2 miles).
    • Easy access to I‑40 (approx. 1.5 miles) and I‑85 (approx. 5 miles) via the 15‑501 corridor.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    GoDog Durham Pet Boarding Service

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage 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
    -78.973395073792
    Latitude
    35.956271552542

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    FAQs

    What type of property is this?
    Land - ±2.82 Acres, Prime Location
    Where is this land located?
    The property is located at 4350 Garrett Rd Durham, NC.
    What is the asking price?
    The asking price for this property is $1,400,000.
    What are key features of this property?
    This property features: Rare infill opportunity near the 15-501 corridor.; Adjacent to Go Dog Day Care & Boarding.; Centrally located between downtown Durham (approx. 5 miles) and Chapel Hill (approx. 2 miles).
    (919) 287-3219
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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
    4350 Garrett Rd Durham, NC 27707
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