Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Durham Rd And Industrial Dr Roxboro, NC 27573
    Back to Search
    Property profile & analytics

    Durham Rd And Industrial Dr Roxboro, NC 27573

    View on Map
    • Retail properties & Spaces
    • 18.30 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail properties & Spaces

    Property Details for 0 Durham Rd And Industrial Dr

    Lot size
    18.30 lot acres
    Property type
    Retail properties & Spaces
    Property subtype
    Land

    Description

    This exceptional 18.3-acre development opportunity in Roxboro, North Carolina, presents five (5) buildable lots ideally suited for retail development. Located at the intersection of Durham Road and Industrial Drive, this property boasts 600 feet of frontage, providing excellent visibility and accessibility. The site is conveniently situated next to a Lowe's Home Improvement store, ensuring high traffic volume and a strong retail presence. Zoned Highway Business (B-1) Lot 6 - Multi-Family, this property offers significant potential for a variety of retail uses. The individual lot sizes and prices vary, ranging from approximately $375,000 to $550,000. The property's location in Person County, North Carolina, with a zip code of 27573, offers easy access to major transportation routes and a growing community. The APN is RECN 9800 (Person County). This is a rare opportunity to acquire a substantial parcel of land in a thriving retail corridor. Don't miss this chance to secure a prime location for your next retail venture.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Roxboro
    County
    Person
    State
    North Carolina
    Longitude
    -78.9828
    Latitude
    36.3642

    Comparable in this City

    • Value Estimation by Request
      16.50 Acres

      1125 Todd Ct

      Land • 16.50 Acres
      1125 Todd Ct, Roxboro, NC 27573
      View Details
    • Value Estimation by Request
      27.88 Acres

      Somerset Dr

      Land • 27.88 Acres
      0 Somerset Dr, Roxboro, NC 27573
      View Details
    • Value Estimation by Request
      29,900 SF

      301 Madison Blvd

      Lifestyle centers • 29,900 SF
      301 Madison Blvd, Roxboro, NC 27573
      View Details
    • Value Estimation by Request
      391,169 SF

      1522 Durham Rd

      Retail properties & Spaces • 391,169 SF
      1522 Durham Rd, Roxboro, NC 27573
      View Details
    • Value Estimation by Request
      2.00 Acres

      50 Virgilina Hwy

      Retail properties & Spaces • 2.00 Acres
      50 Virgilina Hwy, Roxboro, NC 27573
      View Details
    • Value Estimation by Request
      2.29 Acres

      1147 Shelton Rd

      Self storage facilities • 2.29 Acres
      1147 Shelton Rd, Roxboro, NC 27573
      View Details

    Similar Nearby for Sale

    • $710,000
      2.14 Acres

      Roxboro Commercial Land For Sale

      2.14 acre commercial site with pole barn in Roxboro.
      75 Weeks Dr, Roxboro, NC 27573
      View Details
    • $1,794,871
      2,030 SF

      Popeyes NNN Lease Investment

      2,030 SF Roxboro, NC Retail Building
      924 Durham Rd, Roxboro, NC 27573
      View Details
    • $849,900
      Pending

      Roxboro Multifamily Investment Opportunity

      Eight fully leased apartments on 1.5 acres near downtown Roxboro.
      119 Lynn Dr, Roxboro, NC 27573
      View Details
    • $525,000

      Spacious Retail Space with Storage

      Large open floor plan with ample parking and storage.
      50 Virgilina Hwy, Roxboro, NC 27573
      View Details
    • $515,000
      1.36 Acres

      Prime Commercial Land in Roxboro

      1.36 acre commercial site ideal for development in Roxboro.
      75 Weeks Dr, Roxboro, NC 27573
      View Details
    • $1,225,000
      3.50 Acres

      Roxboro Commercial Development Opportunity

      3.5 acre commercial site in growing Roxboro, North Carolina.
      75 Weeks Dr, Roxboro, NC 27573
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Roxboro Retail Center Spaces Available

      Retail spaces for lease in Roxboro's prime retail corridor.
      711 North Madison Blvd, Roxboro, NC 27573
      View Details
    • Contact for pricing

      Person County Outparcel Land

      Located in the Research Triangle region of North Carolina.
      1700 Durham Rd, Roxboro, NC 27573
      View Details
    • $2,500 /Mo
      3,100 SF

      Retail Space in Roxboro, NC

      Retail space available for lease in Roxboro, North Carolina.
      415 Semora Rd, Roxboro, NC 27573
      View Details
    • $2,500 /Mo
      2,525 SF

      Versatile Commercial Space in Roxboro

      2525 sq ft commercial property in the heart of Roxboro.
      141 Depot St, Roxboro, NC 27573
      View Details
    • $2,500 /Mo
      3,100 SF

      Roxboro Commercial Building For Lease

      3100 sq ft commercial building for lease in Roxboro.
      415 Semora Rd, Roxboro, NC 27573
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Durham Rd And Industrial Dr
    Roxboro, NC 27573
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    Durham Rd And Industrial Dr, Roxboro, NC, 27573
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!