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    305 Roxboro St Durham, NC 27701

    For Lease
    $32 SF/Yr

    High-traffic retail space, ample parking.

    Lot size:
    5,118 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 11,102 square foot flex/retail space at 305 S Roxboro St, Durham, NC 27701, presents a unique investment opportunity. Ideally situated off Highway 147, this single-tenant property boasts a versatile open floor plan, perfect for a variety of retail or restaurant concepts. The design incorporates both indoor and outdoor seating areas, catering to a diverse clientele. Ample on-site parking ensures convenient access for customers. The property's strategic location is further enhanced by the construction of 2,400 new Class A apartments in the immediate vicinity. This significant residential development promises increased foot traffic and a growing customer base, creating a highly desirable environment for businesses seeking strong visibility and market penetration. The 5,118 square foot interior space offers flexibility for customization, allowing businesses to tailor the layout to their specific needs. This property represents a compelling opportunity to establish a thriving business in a rapidly developing area of Durham.

    Property Features for 305 Roxboro St

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    5,118 SF

    Unit(s) available at that property

    Space
    Size
    5,118 SF
    Rate per SF
    $32

    HighLights

    • Walkable to Durham Bulls Athletic Park.
    • Large 0.25‑acre outdoor patio.
    • Convenient Hwy 147 access.
    • Close proximity to Downtown Durham, American Tobacco Campus, and vibrant surrounding neighborhoods.
    • Features an open floor plan.
    • Offers both indoor and outdoor space.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Bull City Ciderworks ... Brewery Western Dental Dental Clinic

    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
    -78.93171
    Latitude
    35.984037

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    FAQs

    What type of property is this?
    Restaurant - High-traffic retail space, ample parking.
    Where is this restaurant located?
    The property is located at 305 Roxboro St Durham, NC.
    What is the lease rate?
    The lease rate is $32 SF/Yr.
    What are key features of this property?
    This property features: Walkable to Durham Bulls Athletic Park.; Large 0.25-acre outdoor patio.; Convenient Hwy 147 access.
    Request Owner's contact information
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    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
    305 Roxboro St Durham, NC 27701
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