125 Orange St Durham, NC 27701
- Commercial real estate
- 4,188 SF
- 0.05 lot acres
Current Use by Public Records
- Rent-a-John Junction / Party Equipment Rental Service
- Durham Portable Toilet Rental / Portable Toilet Supplier
- Dr. Nicholas Walker Dentals / Cosmetic Dentist
Property Details for 125 Orange St
- Year built
- 1900
- Lot size
- 0.05 lot acres
- Property size
- 4,188 SF
- Zone code
- DD-C
- Property type
- Commercial real estate
- APN
- 102782
- APU
- 102782
Description
This exceptional 4,188 square foot retail property, located at 125 Orange St in Durham, NC 27701, presents a unique investment opportunity. Originally constructed in 1900 and meticulously renovated in 2024, this two-story masonry building retains its historic character while boasting modern conveniences. The property features two suites, each offering 2,094 contiguous square feet of versatile space, perfect for a variety of uses. Currently, the entire 4,188 square feet is vacant, providing immediate occupancy for a single tenant or the opportunity to lease to multiple tenants. The building's prime location in downtown Durham offers excellent visibility and accessibility. Ample parking is available with 380 spaces. Ideal uses include, but are not limited to, a pub, tavern, bakery, bottle shop, or urban market. This property is situated in Durham County and offers a blend of historical significance and contemporary functionality, making it an attractive option for discerning businesses seeking a unique and well-located space. The building's two stories provide flexibility in layout and design, catering to a range of business needs. Don't miss this chance to secure a piece of Durham's vibrant downtown scene.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,490,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,065,000
- 6.5%
- $1,235,000
- 7%
- $1,055,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,035,000
- Geo Method
- $960,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,190,000
- Retail
- $1,165,000
- Mixed-Use
- $925,000
- Hospitality
- $965,000
- Educational
- $1,045,000
- Residential Income
- $1,170,000
- Energy
- $960,000
- Income-Based Land
- $885,000
- Food Service
- $895,000
Location Insight
- Map
- Local Demand
- City
- Durham
- County
- Durham
- State
- North Carolina
- Longitude
- -78.9005
- Latitude
- 35.9966
- CBSA code
- 20500
- CBSA name
- DURHAM-CHAPEL HILL, NC METROPOLITAN STATISTICAL AREA
