107 Parrish St Durham, NC 27701-3320
- Commercial real estate
- 2,684 SF
- 0.03 lot acres
Current Use by Public Records
- Peters Design Works / Production Facility / Furniture & Home Goods
- Bull City Burger and Brewery / Restaurant
- Good Dog / Animal Training
Property Details for 107 Parrish St
- Year built
- 1914
- Lot size
- 0.03 lot acres
- Property size
- 2,684 SF
- Zone code
- DD-C
- Property type
- Commercial real estate
- APN
- 102764
- APU
- 102764
Description
This exceptional single-tenant executive office space, totaling 3,244 square feet, is ideally situated at 107 E Parrish St in Durham, North Carolina, within Durham County. The property is classified as both retail and office space, making it highly versatile and suitable for a variety of businesses. The entire building is currently vacant, presenting a unique opportunity for a single occupant to customize the space to their exact specifications. The address is conveniently located in the 27701 zip code, offering easy access to local amenities and transportation networks. The property's size provides ample room for a substantial operation, with the potential for various configurations to accommodate different business needs. Given its prime location and the complete vacancy, this property represents a rare chance to secure a significant presence in a thriving Durham business district. The building's total square footage is 3,244 square feet, all of which is available for immediate occupancy. This presents a blank canvas for a business seeking to establish a strong foothold in the Durham market. The property type is listed as both retail and office, suggesting flexibility in its potential uses. This executive office space offers a unique opportunity for a business to establish a prominent presence in a desirable Durham location. The single-tenant occupancy ensures complete control and customization of the space.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $605,000
- 6.5%
- $555,000
- 7%
- $520,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $408,000
Market price range: $193k - $710k -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $915,000
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Location Insight
- Map
- Local Demand
- City
- Durham
- County
- Durham
- State
- North Carolina
- Longitude
- -78.9006
- Latitude
- 35.9956
- CBSA code
- 20500
- CBSA name
- DURHAM-CHAPEL HILL, NC METROPOLITAN STATISTICAL AREA