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    1816 Briggs Ave Durham, NC 27703

    Sponsored
    For Sale
    Contact for pricing

    Prime Durham location, ideal for industrial development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 2.85-acre commercial and industrial land parcel presents a unique opportunity for development in Durham, North Carolina. Located at 1816 S Briggs Ave, this property boasts convenient access to major transportation arteries, including NC 147, I-885, and US 70, placing it within minutes of I-85, I-40, and Downtown Durham. The site offers excellent visibility and frontage on Briggs Avenue. The property is zoned Industrial Light (IL), making it suitable for a variety of industrial uses, including light manufacturing, warehousing, and outdoor storage. With water and sewer readily available, this site is ready for immediate development. The parcel number is 0749398409. Its proximity to Raleigh-Durham International Airport (RDU) – a 17-minute drive – further enhances its appeal. This is a rare opportunity to acquire a strategically located industrial development site in a thriving area of Durham. The asking price is available upon request. Serious inquiries only.

    Property Features for 1816 Briggs Ave

    General Information

    Property type
    Land
    Lot Size
    124,146 SF

    HighLights

    • Asking price available upon request.
    • ±2.85 Acres.
    • IL Zoning.
    • Parcel Number 0749398409.
    • Water and sewer available.
    • Best use: Industrial development and outdoor storage.
    Property Profile Location Intelligence

    Current Use by Public Records

    Two Men and a Junk ... Junk Removal Service Two Men and a Truck ... Mover

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Building Supply

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

    Location Insight

    • Map
    • Local Demand
    City
    Durham
    County
    Durham
    State
    North Carolina
    Longitude
    -78.8794495
    Latitude
    35.9589276

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    FAQs

    What type of property is this?
    Land - Prime Durham location, ideal for industrial development.
    Where is this land located?
    The property is located at 1816 Briggs Ave Durham, NC.
    What are key features of this property?
    This property features: Asking price available upon request.; ±2.85 Acres.; IL Zoning.
    Request Owner's contact information
    1816 Briggs Ave Durham, NC 27703
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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
    1816 Briggs Ave Durham, NC 27703
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