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    2224 Nc-54 Durham, NC 27713

    For Sale
    $12,750,000

    Durham, NC Office - Prime Location

    Property size:
    77,274 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This stunning, fully renovated 77,274 square-foot office building in Durham, NC, presents a unique investment opportunity. Located adjacent to the Research Triangle Park and within close proximity to major highways I-40 and NC 55, this property boasts exceptional visibility and accessibility. The 2024 renovation, exceeding $6.5 million, transformed both the interior and exterior, creating a vibrant, modern campus. Features include a redesigned elegant lobby, state-of-the-art bathrooms, new elevators, and a modern HVAC system. The four-story building sits on 7.62 acres and offers 307 parking spaces (approximately 4 spaces per 1,000 square feet). The property is currently vacant, providing flexibility for an owner-occupant or investor. Shared amenities include a food truck court, fitness center, walking trail, and various outdoor recreational areas designed to foster collaboration and employee well-being. The building is zoned O&I-2 and offers high-visibility signage opportunities. Asking price is $12,750,000.

    Property Features for 2224 Nc-54

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    77,274 SF
    Lot Size
    331,927 SF

    Building Details

    Year Built/Renovated
    1989/2024
    Buildings
    1
    Stories
    4

    HighLights

    • 77,274 SF office building on 7.62 acres.
    • $6.5M 2024 renovation (interior & exterior).
    • Prime Durham location, adjacent to Research Triangle Park (RTP).
    • Ideal for owner‑occupant or investor; currently vacant.
    • Ample parking: 4 spaces per 1,000 SF.
    • High‑visibility signage opportunities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Isalis Gift Shop Party City Party Store Skunk Funk Wholesaler Carl's Trading Co Hat Shop Bushka's Kitchen LLC Outdoor Clothing And Equipment Shop

    Suggested Use

    Restaurant Realty agency Building Supply Law Firm Spa & Massage Wholesale Shop Dental Office 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
    -78.891376819196
    Latitude
    35.900034157404

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    FAQs

    What type of property is this?
    Office Property / Space - Durham, NC Office - Prime Location
    Where is this office property / space located?
    The property is located at 2224 Nc-54 Durham, NC.
    What is the asking price?
    The asking price for this property is $12,750,000.
    What are key features of this property?
    This property features: 77,274 SF office building on 7.62 acres.; $6.5M 2024 renovation (interior & exterior).; Prime Durham location, adjacent to Research Triangle Park (RTP).
    Request Owner's contact information
    2224 Nc-54 Durham, NC 27713
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    Durham, NC 27713
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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
    2224 Nc-54 Durham, NC 27713
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