Property summary
This exceptional North Durham property, located at 1101 Hamlin Road, offers a unique blend of office, industrial, and special-purpose space totaling 127,000 square feet. The building boasts a flexible layout, accommodating tenants requiring anywhere from 20,000 to the entire 127,000 contiguous square feet. Originally designed for high-tech manufacturing, assembly, and testing, the facility features impressive specifications including a 22-foot ceiling height, ideal for various uses. The property includes two dock-high doors and two drive-in doors, ensuring efficient loading and unloading. Power is a significant advantage, with a substantial 9000 kva capacity available. The building's history includes use by Mitsubishi for semiconductor production and BioMerieux for office space, demonstrating its adaptability and suitability for a wide range of businesses. Multiple tenancy options are available, making it an excellent choice for companies seeking flexible and adaptable space in the thriving North Durham submarket of Durham, North Carolina, zip code 27704. This property presents a rare opportunity to secure a well-equipped and strategically located facility in a dynamic area.
Property profile
VerifiedCap rate & NOI
Current use
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Corporate Office
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Atm
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Medical Supply Store
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Corporate Office
Location
Value estimations
Owner & transaction history
Zoning & alternative use
The IL District is established to provide for a wide range of light manufacturing, warehousing, and wholesaling activities as well asofficesand some support services, all subject to minimum design standards intended to e…
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
IL · Durham, NCThe IL District is established to provide for a wide range of light manufacturing, warehousing, and wholesaling activities as well asofficesand some support services, all subject to minimum design standards intended to e…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
The IL District is established to provide for a wide range of light manufacturing, warehousing, and wholesaling activities as well asofficesand some support services, all subject to minimum design standards intended to e…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for IL in Durham, NC.
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