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    5410 Nc-55 Durham, NC 27713

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    Durham, NC Shopping Center - 2 Suites Available

    Lot size:
    71,839 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    395
    Greenwood Commons, a 71,839 square foot shopping center in Durham, NC, offers two available retail suites totaling approximately 3,616 square feet (or individually at 1,800 and 1,816 square feet). Located at 5410 NC-55, this property boasts a prime location in the Research Triangle Park (RTP) submarket, minutes from I-40. Built in 1988, the center comprises four single-story buildings on an 11-acre lot, providing ample parking with 425+ spaces. The property is zoned Commercial Center (CC) and features a diverse tenant mix including restaurants offering various cuisines (Indian, Greek, Thai, Latin, American, and homestyle), The Glass Jug, Burn Boot Camp, SpeeDee Oil Change & Auto Service, and the DMV. The available suites present a unique opportunity for businesses seeking high visibility and convenient access within a thriving commercial area. The APN is 153817. Currently, 5,784 square feet of space is vacant. The property offers the potential to combine the two available suites for a larger space.

    Property Features for 5410 Nc-55

    General Information

    Property type
    Lifestyle centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    71,839 SF

    Building Details

    Year Built
    1988
    Buildings
    4
    Stories
    1

    Unit(s) available at that property

    Space
    Suite AD
    Size
    1,800 SF
    Space
    Suite AC
    Size
    1,816 SF

    HighLights

    • High‑visibility corner lot at the signalized intersection of Hwy 55 (18,300 VPD) and Sedwick Road (10,300 VPD).
    • Recently renovated exterior with planned future improvements.
    • New gas station under construction, slated for completion in 2025.
    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 Law Firm Building Supply Spa & Massage Dental Office 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
    -78.8971132
    Latitude
    35.8896515

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    FAQs

    What type of property is this?
    Lifestyle center - Durham, NC Shopping Center - 2 Suites Available
    Where is this lifestyle center located?
    The property is located at 5410 Nc-55 Durham, NC.
    What are key features of this property?
    This property features: High-visibility corner lot at the signalized intersection of Hwy 55 (18,300 VPD) and Sedwick Road (10,300 VPD).; Recently renovated exterior with planned future improvements.; New gas station under construction, slated for completion in 2025.
    Request Owner's contact information
    5410 Nc-55 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
    5410 Nc-55 Durham, NC 27713
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