1019 Holloway St Durham, NC 27701-3854
- Industrial properties
- 4,002 SF
- 0.30 lot acres
Current Use by Public Records
- Mom & Pop Coin Laundry / Laundromat
Property Details for 1019 Holloway St
- Year built
- 1964
- Lot size
- 0.30 lot acres
- Property size
- 4,002 SF
- Zone code
- CN
- Property type
- Industrial properties
- Property subtype
- Industrial live-work properties
- APN
- 111223
- APU
- 111223
Description
This exceptional freestanding retail property, located at 1019 Holloway Street in Durham, North Carolina, presents a compelling investment opportunity. Boasting 4,060 square feet on a 0.3-acre corner lot, this property enjoys excellent visibility and ample parking. Currently operating as a laundromat, the building features a convenient roll-up door, making it adaptable to a variety of retail uses. The CN zoning allows for flexibility in future business ventures. Situated in a rapidly growing area of Durham, this location benefits from high traffic volume and strong signage opportunities. The property's address is 1019 Holloway Street, Durham, NC 27701, and its parcel number is 0831477040. The asking price is $920,000. This prime location offers an ideal setting for businesses seeking a high-traffic, flexible space with significant potential for growth and return on investment. The property's size and location make it an attractive option for both owner-operators and investors seeking a strong, established retail presence in a thriving Durham neighborhood. The ample parking and excellent visibility ensure maximum exposure for any business operating from this location.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $300,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $275,000
- 6.5%
- $265,000
- 7%
- $285,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $325,000
- Geo Method
- $320,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $325,000
- Retail
- $250,000
- Mixed-Use
- $255,000
- Hospitality
- $320,000
- Educational
- $330,000
- Residential Income
- $300,000
- Energy
- $305,000
- Income-Based Land
- $345,000
- Food Service
- $315,000
Location Insight
- Map
- Local Demand
- City
- Durham
- County
- Durham
- State
- North Carolina
- Longitude
- -78.8826
- Latitude
- 35.9947
- CBSA code
- 20500
- CBSA name
- DURHAM-CHAPEL HILL, NC METROPOLITAN STATISTICAL AREA