102 City Hall Plz Durham, NC 27701
- Commercial real estate
- 26,043 SF
- 0.42 lot acres
Current Use by Public Records
- Intersouth Partners / Business Management Consultant
- Bull City Learning / Educational Consultant
- Bull City Blue / Training Centre
Property Details for 102 City Hall Plz
- Year built
- 1915
- Lot size
- 0.42 lot acres
- Property size
- 26,043 SF
- Zone code
- DD-C
- Property type
- Commercial real estate
- APN
- 102950
- APU
- 102950
Description
This exceptional executive office space, located at 102 City Hall Plaza in Durham, North Carolina, offers a total of 3,126 square feet of versatile commercial space. Currently entirely vacant, this property presents a unique opportunity for a single tenant to occupy the entire building. The building is classified as both retail and office space, making it suitable for a variety of businesses. Its "Executive Office" subtype suggests a high-quality finish and potentially desirable amenities, though specifics are not provided. The property is situated in Durham County, North Carolina, with a convenient Durham, NC 27701 zip code. The address, 102 City Hall Plaza, indicates a potentially prominent location within the city. Given the entire building's vacancy, this presents a blank canvas for a business seeking to establish a significant presence in Durham. The multiple tenancy designation suggests the building's infrastructure is capable of accommodating various configurations to suit a single tenant's needs. The property's size, at 3,126 square feet, offers ample room for a substantial operation. Interested parties are encouraged to investigate the potential of this fully vacant, high-profile Durham commercial property. Its location in Durham County, near the City Hall Plaza, suggests excellent visibility and accessibility. The property's classification as both retail and office space broadens its appeal to a wider range of potential tenants.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $6,555,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $5,620,000
- 6.5%
- $5,380,000
- 7%
- $5,790,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $7,060,000
- Geo Method
- $7,170,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $5,485,000
- Retail
- $6,680,000
- Mixed-Use
- $6,565,000
- Hospitality
- $7,100,000
- Educational
- $6,095,000
- Residential Income
- $6,455,000
- Energy
- $5,850,000
- Income-Based Land
- $5,500,000
- Food Service
- $5,120,000
Location Insight
- Map
- Local Demand
- City
- Durham
- County
- Durham
- State
- North Carolina
- Longitude
- -78.8998
- Latitude
- 35.9957
- CBSA code
- 20500
- CBSA name
- DURHAM-CHAPEL HILL, NC METROPOLITAN STATISTICAL AREA
