1015 Ellis Rd Durham, NC 27703
- Flex space
- 4,939 SF
- 0.74 lot acres
Current Use by Public Records
- X-Press Hail Works / Auto Dent Removal Service
- Auto Art Collision / Auto Body Shop
- Beatty's Mechanical Services / Contractor
Property Details for 1015 Ellis Rd
- Lot size
- 0.74 lot acres
- Property size
- 4,939 SF
- Property type
- Flex space
Description
This exceptional investment opportunity presents a 4,939-square-foot flex property situated on a 0.74-acre lot in the heart of South Durham's industrial corridor. The property comprises three buildings, renovated in 2021, offering a modern aesthetic while maintaining its industrial functionality. The complex includes a renovated house converted into office space, providing versatile options for tenants. Two warehouse buildings feature six bays, complete with lifts and a spray booth, making it particularly suitable for automotive businesses, though its I-zoned lot allows for diverse commercial applications. Ceiling heights range from 13 to 16 feet. The property boasts a prime location, minutes from Research Triangle Park and RDU Airport, with convenient access to major roadways including I-40, I-885, and the Durham Freeway. Perimeter fencing enhances security. This turnkey solution offers a rare combination of location, functionality, and growth potential in a rapidly expanding area of the Triangle region. The asking price is $1,400,000. The property was built in 1945 and 1956, and currently houses two tenants.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Durham
- County
- Durham
- State
- North Carolina
- Longitude
- -78.8712522
- Latitude
- 35.9598265
