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    514 Mangum St Durham, NC 27701

    Sponsored
    For Sale
    $5,200,000

    Spacious Office, Ideal for Small Teams

    Property size:
    41,600 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional Class A office suite, totaling 600 square feet, is perfectly suited for a small business of 2-5 employees. Located in the desirable Josey Ranch submarket of Dallas County, this traditional office space offers a convenient and professional environment. The two-story building boasts ample space, including a dedicated reception area, making a strong first impression on clients effortless. The suite is currently entirely vacant and ready for immediate occupancy. Its location offers unparalleled accessibility, being just one block away from Carrollton City Hall and the post office, ensuring convenient access to essential services. Commuting is a breeze with easy access to I-35 and the George Bush Turnpike, placing Love Field a mere 18 minutes away and DFW Airport within a 26-minute drive. The property is zoned for commercial use and features readily available power. The maximum contiguous space available is 600 square feet, encompassing the entire suite. This turnkey solution in the Metrocrest submarket cluster provides a strategic location for businesses seeking a professional and easily accessible office space. The address is conveniently located near the cross street of Keller Springs. This is a fantastic opportunity to establish a thriving business in a highly sought-after area.

    Property Features for 514 Mangum St

    General Information

    Property type
    Land
    Square Feet
    41,600 SF
    Lot Size
    41,382 SF

    Building Details

    Stories
    1

    HighLights

    • 600 square foot Class A office space in Dallas County.
    • Fully vacant, offering 600 contiguous square feet.
    • Two‑story building with multiple tenants.
    • Located in the Josey Ranch submarket, Metrocrest cluster, near Keller Springs Road.
    • Convenient access to I‑35 and George Bush Turnpike; close proximity to Carrollton City Hall and post office.
    • Suitable for 2‑5 person occupancy, including reception area.
    Property Profile Location Intelligence

    Current Use by Public Records

    Nehemiah Church C.O.G.I.C. Church Psiyina Davis Marriage Or Relationship Counselor Food Distribution Center ... Food Bank

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Durham
    County
    Durham
    State
    North Carolina
    Longitude
    -78.8949254
    Latitude
    36.0027921

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    FAQs

    What type of property is this?
    Land - Spacious Office, Ideal for Small Teams
    Where is this land located?
    The property is located at 514 Mangum St Durham, NC.
    What is the asking price?
    The asking price for this property is $5,200,000.
    What are key features of this property?
    This property features: 600 square foot Class A office space in Dallas County.; Fully vacant, offering 600 contiguous square feet.; Two-story building with multiple tenants.
    Request Owner's contact information
    514 Mangum St Durham, NC 27701
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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
    514 Mangum St Durham, NC 27701
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