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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1101 Slater Rd Durham, NC 27703

    • Commercial real estate
    • 77,526 SF
    For Lease
    View listing
    $30 SF/Yr
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US53-2223719
    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.

    Current Use by Public Records

    • Durham Plumbing Giant / Plumber
    • North Carolina Association of Pharmacists / Pharmacy
    • The Solution Center / Conference Center / Meeting Planning Service
    • Imperial Center Outdoor Fitness Center / Gym
    • DRB Group LLC / Construction Company

    Property Details for 1101 Slater Rd

    Year built
    1995
    Property size
    77,526 SF
    Property type
    Commercial real estate

    Description

    Brighton Hall, located at 1101 Slater Rd in Durham, NC 27703, presents a unique opportunity within the prestigious Imperial Center Business Park. This three-story, 77,526 square foot executive office building, constructed in 1995, offers multiple tenancy options. The property sits on a 4.46-acre lot and provides ample parking, with a ratio of four spaces per 1,000 square feet. Currently, 15,089 square feet of space is available, with a minimum divisible unit of 7,519 square feet and a maximum contiguous space of 7,570 square feet. Its strategic location offers easy access to major highways, I-40 and I-540, and is conveniently situated minutes from Raleigh-Durham International Airport (RDU). The surrounding area boasts numerous walkable amenities, enhancing convenience for both employees and visitors. This property is ideal for businesses seeking a high-profile location with excellent accessibility and modern office space in Durham County. The building's design and location within the Imperial Center Business Park contribute to a professional and productive work environment. The available space provides flexibility for businesses of various sizes, offering a prime opportunity to establish or expand operations in a thriving area.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Durham
    County
    Durham
    State
    North Carolina
    Longitude
    -78.84529342
    Latitude
    35.87849803

    Comparable in this City

    • Contact for pricing
      264,590 SF

      Imperial Tower: Durham Office Space

      Class A Office, Industrial, R&D Space Available
      4820 Emperor Blvd, Durham, NC 27703
      View Details
    • Contact for pricing
      21,052 SF

      Class A Office Space

      Office space for rent in Imperial Center Business Park.
      5425 Page Road Ext, Durham, NC 27703
      View Details
    • $29 SF/Yr
      81,145 SF

      Prime Durham Executive Office Space

      Modern Durham office suites, 18K-27K SF available
      4307 Emperor Blvd, Durham, NC 27703
      View Details
    • $13 SF/Yr
      35,000 SF

      Durham Flex Space Available

      35,000 SF flex space for rent in Durham.
      4808 Chin Page Rd, Durham, NC 27703
      View Details
    • $29 SF/Yr
      111,689 SF

      Winchester Place Office Space Durham NC

      Durham Office Building: Prime Research Triangle Location
      4309 Emperor Blvd, Durham, NC 27703
      View Details
    • $0.24 SF/Yr
      105,410 SF

      Durham Office Space: Bristol Place

      Prime Durham office space, flexible layouts.
      4819 Emperor Blvd, Durham, NC 27703
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      105,130 SF

      Premier Office Asset in Durham

      Value-add opportunity in a highly coveted Raleigh-Durham market.
      4505 Emperor Blvd, Durham, NC 27703
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    • Contact for pricing
      2.85 Acres

      Durham Industrial Land - 2.85 Acres

      Prime Durham location, ideal for industrial development.
      1816 Briggs Ave, Durham, NC 27703
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      3.48 Acres

      Durham Development Site: Prime Location

      3.48-acre mixed-use development opportunity.
      0 Davis Park, Durham, NC 27703
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    • $1,950,000
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      62+ Acres Prime Durham Land

      Large tract of land perfect for development or private retreat.
      Southview Rd, Durham, NC 27703
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    • $2,755,000
      Pending

      Prime Commercial Site in Durham

      Highly visible commercial land near Brier Creek and Research Triangle Park.
      2214 T W Alexander Dr, Durham, NC 27703
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    • $89,000
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      Durham Land Development Opportunity

      Land for development in rapidly growing Durham, North Carolina.
      209 Fountain St, Durham, NC 27703
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    Similar Nearby for Lease

    • Contact for pricing
      264,590 SF

      Imperial Tower: Durham Office Space

      Class A Office, Industrial, R&D Space Available
      4820 Emperor Blvd, Durham, NC 27703
      View Details
    • Contact for pricing
      21,052 SF

      Class A Office Space

      Office space for rent in Imperial Center Business Park.
      5425 Page Road Ext, Durham, NC 27703
      View Details
    • $29 SF/Yr
      111,689 SF

      Winchester Place Office Space Durham NC

      Durham Office Building: Prime Research Triangle Location
      4309 Emperor Blvd, Durham, NC 27703
      View Details
    • $0.24 SF/Yr
      105,410 SF

      Durham Office Space: Bristol Place

      Prime Durham office space, flexible layouts.
      4819 Emperor Blvd, Durham, NC 27703
      View Details
    • $30 SF/Yr
      105,410 SF

      Durham Executive Office Space

      Class A Office Suites Available in Imperial Center
      4819 Emperor Blvd, Durham, NC 27703
      View Details
    • $20 SF/Yr
      32,950 SF

      Durham Executive Office Space

      Prime Durham office, flexible suites available
      3020 Miami Blvd, Durham, NC 27703
      View Details
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    1101 Slater Rd
    Durham, NC 27703
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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