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    103 E Rockway St E Durham, NC 27704
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    Property profile & analytics

    103 E Rockway St E, Durham, NC 27704

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    • Auto shops
    • 2,280 SF
    • 0.36 lot acres
    Auto Repair Shop For Sale For Sale
    $68,400
    2,280 SF

    Auto Repair Shop For Sale

    Operating auto repair shop with equipment, bays, and client files.

    103 E Rockway Street E, Durham, NC 27704
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    Property ID
    US53-1376379
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Davis Brothers Plumbing / Plumbing Service / General Contractor
    • CND services / Auto Repair Shop

    Property Details for 103 E Rockway St E

    Year built
    1955
    Lot size
    0.36 lot acres
    Zone code
    RS-20
    Property type
    Auto shops
    APN
    172050
    APU
    172050

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Oct 17, 2022 Miami Blvd Investments LLC J Thomas Terry Warranty Deed
    Apr 28, 2022 $250,000 Miami Blvd Investments LLC John Marvin May Warranty Deed
    Dec 31, 2012 $104,000 John M May Gray,arthur D & Patsy H Warranty Deed $105k · Arthur D & Patsy H Gray

    Description

    This exceptional opportunity presents a fully operational auto repair shop available for lease in Durham, North Carolina. Located at 103 E Rockway Street E, this well-established business occupies a 2,280 square foot building situated on a 0.36-acre lot. The shop boasts five service bays, equipped with four lifts, ensuring efficient workflow and ample space for various repair tasks. A comfortable waiting area is provided for customers, along with two convenient bathrooms. The shop is equipped for immediate operation, including all necessary equipment. A significant advantage for any prospective lessee is the inclusion of over ten years of client files, providing a ready-made customer base and valuable business history. The property features gas heating in the shop area, while the remaining spaces benefit from both heating and air conditioning, ensuring year-round comfort. The lease agreement includes favorable terms for the tenant, with the landlord covering property taxes and building insurance. This turnkey operation presents a rare opportunity to acquire an established and profitable business with a strong existing client base and minimal upfront investment. The property's prime location in Durham offers excellent visibility and accessibility, making it an ideal location for a thriving auto repair business. This is a fantastic opportunity for an experienced mechanic or entrepreneur looking to establish or expand their business.


    Value Estimations

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    Location Insight

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    • Local Demand
    City
    Durham
    County
    Durham
    State
    North Carolina
    Longitude
    -78.896
    Latitude
    36.0375
    CBSA code
    20500
    CBSA name
    DURHAM-CHAPEL HILL, NC METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $3,156
    $141,423
    $84,836
    $226,259
    -
    $141,423
    $84,836
    $226,259
    View Listing
    More about this property
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