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    1539 Hamlin Rd Durham, NC 27704

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    For Lease
    Contact for pricing

    Large Industrial/Office Space Available

    Lot size:
    392,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    Welcome Venture Park offers a unique opportunity to lease expansive industrial and executive office space in Durham, North Carolina. This single-tenant property boasts a total of 392,000 square feet, currently entirely vacant, making it ideal for a large-scale operation. The building features flexible space suitable for various uses, including manufacturing, distribution, high-tech data centers, healthcare, life sciences, and contemporary office or studio space. Ceiling heights range from 24 to 32 feet, providing ample vertical space for diverse needs. Ample parking is available, with a ratio of 1.5 spaces per 1,000 square feet. Located at 1539 Hamlin Rd, Durham, NC 27704, in the Raleigh-Durham submarket of Durham County, this property offers excellent access to major transportation routes and a thriving business community. The property is categorized as both office and industrial, offering a blend of executive office and warehouse space. Phase I of the development, currently under construction, includes multiple buildings with varying square footages. Building F (192,000 sq ft) has 64,000 sq ft currently available. Other buildings range from 25,200 to 103,200 sq ft. This prime location and versatile space present a compelling opportunity for businesses seeking significant expansion or relocation.

    Property Features for 1539 Hamlin Rd

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    392,000 SF

    Unit(s) available at that property

    Space
    Phase 1
    Size
    392,000 SF

    HighLights

    • 392,000 SF single‑tenant industrial/office building available for lease in Durham, NC.
    • Flexible space suitable for various uses including manufacturing, distribution, and office.
    • Ceiling heights range from 24 to 32 feet.
    • Ample parking (1.5 spaces per 1,000 SF).
    • Located at 1539 Hamlin Rd, Durham, NC 27704, with excellent access to major transportation routes.
    • Building F (192,000 SF) has 64,000 SF currently available; other buildings range from 25,200 to 103,200 SF.
    Property Profile Location Intelligence

    Current Use by Public Records

    Welcome Venture Park Real Estate Developer

    Suggested Use

    Realty agency Building Supply Dental Office Wholesale Shop Auto Repair Shop Gym & Fitness Auto Parts Store Department Store Kitchen & Bath Accounting Firm

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

    Location Insight

    • Map
    • Local Demand
    City
    Durham
    County
    Durham
    State
    North Carolina
    Longitude
    -78.8920444
    Latitude
    35.9981205

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    FAQs

    What type of property is this?
    Distribution property - Large Industrial/Office Space Available
    Where is this distribution property located?
    The property is located at 1539 Hamlin Rd Durham, NC.
    What are key features of this property?
    This property features: 392,000 SF single-tenant industrial/office building available for lease in Durham, NC.; Flexible space suitable for various uses including manufacturing, distribution, and office.; Ceiling heights range from 24 to 32 feet.
    Request Owner's contact information
    1539 Hamlin Rd Durham, NC 27704
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    Durham, NC 27704
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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
    1539 Hamlin Rd Durham, NC 27704
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