0 Slater Rd At Parliament Ct Durham, NC 27703
This exceptional 1.92-acre commercial land parcel is situated within the prestigious Imperial Center Business Park in Durham, North Carolina. Zoned IL, this property offers unparalleled potential for diverse development opportunities, including retail, office, or hotel projects. Strategically located near the intersection of Slater Road and Parliament Court, it enjoys convenient access to major transportation arteries, I-40 and I-540. Priced competitively at $11 per square foot, this site presents a compelling investment opportunity. The land boasts ample parking with 359 spaces available. Utilities are readily accessible, with city water provided by the City of Durham and sewer services available through Durham County. The surrounding area is vibrant and well-established, featuring a variety of amenities such as restaurants, multi-family housing, fitness centers, hotels, banking institutions, and an extensive network of pedestrian trails spanning four miles. This location provides excellent visibility and accessibility, making it an ideal site for businesses seeking a thriving and convenient location. The property's versatility and prime location within a successful business park make it a truly exceptional investment prospect. Don't miss this chance to acquire a piece of Durham's thriving commercial landscape.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.