2012 Angier Ave Durham, NC 27703
- Retail space
- 1,030 SF
- 0.11 lot acres
Current Use by Public Records
- Retail space
Property Details for 2012 Angier Ave
- Year built
- 1930
- Lot size
- 0.11 lot acres
- Property size
- 1,030 SF
- Zone code
- CN
- Property type
- Retail space
- APN
- 112234
- APU
- 112234
Description
This exceptional retail property located at 2012 Angier Avenue in Durham, NC, presents a compelling investment opportunity. Offered at $780,000, this property sits on a 0.1-acre lot and generates a consistent annual rental income of $7,200 ($600/month). The property is being sold "as-is," and a 48-hour notice is required for showings. This offering is part of a larger portfolio of properties, including three residential properties located on Angier Avenue. These additional properties, with MLS numbers 2434963, 2434960, and 2448424, are priced at $285,000, $250,000, and $280,000 respectively, and collectively generate an annual rental income of $68,880. The combined portfolio offers a significant investment potential with substantial rental income streams. This presents a unique opportunity for investors seeking a diversified portfolio with both retail and residential components in a desirable Durham location. The property's current rental income provides a solid foundation for future growth and potential appreciation. Serious inquiries are encouraged to explore this promising investment further. The "as-is" condition should be factored into any due diligence.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Durham
- County
- Durham
- State
- North Carolina
- Longitude
- -78.879
- Latitude
- 35.9823
- CBSA code
- 20500
- CBSA name
- DURHAM-CHAPEL HILL, NC METROPOLITAN STATISTICAL AREA
