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    311 Liggett St Durham, NC 27701

    Sponsored
    For Lease
    $384 /Mo ($0.80 SF/Yr)
    Lot size:
    5,729 SF
    Added:
    Dec 11, 2024
    Days on Market:
    392

    Property Features for 311 Liggett St

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    5,729 SF
    Total Rate
    384

    Building Details

    Year Built
    2023
    Stories
    6

    Unit(s) available at that property

    Space
    Unit-B
    Size
    2,845 SF
    Rate per SF
    $384

    HighLights

    • Centrally located in Durham's Innovation District.
    • Prominent Belt Line Trail frontage.
    • Attractive tenant improvement allowance offered.
    • Excellent signage and branding opportunities.
    • Outdoor dining terrace with ample seating.
    • Abundant customer parking available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Beckon Apartment Rental Agency CYCLEBAR Gym

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop 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
    -78.9047907
    Latitude
    36.0003877

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    FAQs

    Where is this retail property located?
    The property is located at 311 Liggett St Durham, NC.
    What is the lease rate?
    The lease rate is $384 /Mo.
    What are key features of this property?
    This property features: Centrally located in Durham's Innovation District.; Prominent Belt Line Trail frontage.; Attractive tenant improvement allowance offered.
    Request Owner's contact information
    311 Liggett St Durham, NC 27701
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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
    311 Liggett St Durham, NC 27701
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