Property profile

4311 Miami Blvd Durham, NC 27703

OFF-MARKET
Neighborhood centers
3,952 SF
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Property summary

AI-generated overview

This 5,404 square foot retail strip center, located at the intersection of Highway 54 and Miami Boulevard, presents a unique opportunity. The property, currently fully vacant at 3,952 square feet, boasts exceptional road visibility and is situated at the gateway to the Research Triangle Park, a major employment hub. Benefit from strong demographics, with an estimated 141,213 residents and an average household income of $140,560 within a 5-mile radius (2023 estimates). The center's strategic location ensures high traffic volume and exposure, enhanced by its proximity to popular restaurants. This prime retail space offers significant potential for businesses seeking a high-traffic location within a thriving community. The property is classified as a multi-tenant retail strip center in Durham County, North Carolina. The entire 3,952 square feet is available for lease, providing a blank canvas for a variety of retail concepts. This is an exceptional opportunity to establish a presence in a high-growth area with a strong consumer base. The property's visibility and location within the Research Triangle Park make it an ideal choice for businesses seeking maximum exposure and access to a large workforce.

Property profile

Verified
Property type Neighborhood centers
Total area 3,952 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

4311 Miami Blvd Durham, NC 27703
Durham metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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