3214 Hillsborough Rd Durham, NC 27705
- Warehouses
- 106,420 SF
- 11.70 lot acres
Current Use by Public Records
- Durham Coca-Cola Bottling Co / Beverage Distributor / Manufacturer
Property Details for 3214 Hillsborough Rd
- Year built
- 1961
- Lot size
- 11.70 lot acres
- Property size
- 106,420 SF
- Zone code
- IL
- Property type
- Warehouses
- APN
- 119586
- APU
- 119586
Description
This exceptional 12-acre Durham County retail opportunity presents 71,652 square feet of space, currently vacant at 65,956 square feet. The property, formerly a Coca-Cola bottling warehouse, is slated for transformation into a Class-A mixed-use development, offering a unique chance to be part of a vibrant, upscale project. Spaces are divisible down to 4,760 square feet, with a maximum contiguous space of 23,296 square feet, providing flexibility for various retail concepts. The location boasts unparalleled accessibility, situated just one mile from Duke University's main campus and hospital, ensuring high visibility and foot traffic. Hillsborough Road's impressive traffic counts of 23,000 and 15,000 vehicles per day (VPD) further enhance the property's appeal. The surrounding area demonstrates strong demographics, with a daytime population of 351,377 within a 15-minute drive and an average household income of $99,150. This prime location offers an exceptional opportunity for businesses seeking high visibility and a strong customer base in a rapidly growing area. The property's size and flexible layout cater to a wide range of retail uses, making it an ideal investment for discerning businesses.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Durham
- County
- Durham
- State
- North Carolina
- Longitude
- -78.9432
- Latitude
- 36.0196
- CBSA code
- 20500
- CBSA name
- DURHAM-CHAPEL HILL, NC METROPOLITAN STATISTICAL AREA
