1202 Wrenn Rd, Durham, NC 27703-5513
This exceptional 7-acre industrial land parcel in Durham County, NC, presents a unique investment opportunity. Designated by APN 0749398409 and zoned IL, this single-tenant property is perfectly suited for various industrial uses. Its versatility makes it ideal for outdoor storage, off-site parking, or a laydown yard. The expansive lot size offers ample space for large-scale operations. Strategically located near major transportation arteries, including US-70, I-85, and I-40, as well as the proximity to I-885, ensures seamless logistics and accessibility. Businesses will benefit from the convenient access to Research Triangle Park, RDU Airport, and Downtown Durham, fostering strong connections to a thriving regional economy. This property offers significant potential for businesses seeking a well-positioned and spacious industrial site in a rapidly growing area. The zoning designation allows for a wide range of industrial applications, making it an attractive option for various enterprises. The property's size and location combine to create a compelling opportunity for long-term growth and profitability. This is a rare chance to acquire a substantial industrial land parcel in a highly desirable location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
IL · Durham, NCDurham. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.