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    1515 N Pointe Dr Durham, NC 27705
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    Property profile & analytics

    1515 N Pointe Dr, Durham, NC 27705

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    • Super regional malls
    • 117,352 SF
    • 14.22 lot acres
    North Durham Shopping Center Space For Lease
    $14 SF/Yr
    7,300 SF

    North Durham Shopping Center Space

    Retail space in North Durham's premier shopping destination.

    1515 N Pointe Dr, Durham, NC 27705
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    Property ID
    US53-1703949
    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
    $1,685,000
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Ross Dress for Less / Department Store
    • new fashions / Clothing Store
    • 55 Gallon Drums Durham / Big Box & Wholesale Store / Factory
    • Burlington / Clothing & Fashion Store
    • Amazon Locker - Indication / Postal Service / Courier Service

    Property Details for 1515 N Pointe Dr

    Year built
    2002
    Lot size
    14.22 lot acres
    Zone code
    CG(D)
    Property type
    Super regional malls
    Property subtype
    Shopping centers
    APN
    126268
    APU
    126268

    Description

    North Pointe Shopping Center offers a premier retail opportunity in North Durham. This bustling shopping center boasts 117,906 square feet of space and is anchored by major retailers including Burlington Coat Factory, Harris Teeter, Costco, Home Depot, and PetSmart, ensuring high foot traffic and brand recognition. Strategically located near the I-85 and Guess Road interchange, the center benefits from exceptional visibility to over 104,000 vehicles daily. Its proximity to Downtown Durham, Duke University, and Duke Hospital – Durham County's largest employer – provides access to a dense concentration of residents and highly-paid professionals. A 10-minute drive-time population of 122,606 further underscores the significant market potential. Currently, Suite 128, a 7,300 square foot space, is available for lease beginning April 2025. The current tenant will occupy the space until that date. This presents a unique opportunity to secure a prominent location within a thriving retail environment. Please note that the space is currently occupied; do not disturb the current tenant during business hours. This is a multi-tenant property offering excellent visibility and access to a strong consumer base.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      ML approach
      $1,165,000
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $2,201,000
      Market price range: $1.08M - $3.45M
    • Alternative Use

      Use
      Estimation
      NEIGHBORHOOD: SHOPPING CENTER
      $1,910,000
      Current use

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


    Location Insight

    • Map
    • Local Demand
    City
    Durham
    County
    Durham
    State
    North Carolina
    Longitude
    -78.9164
    Latitude
    36.0272
    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
    $195,424
    $3,671,164
    $10,338,746
    $14,009,910
    -
    $3,671,164
    $10,338,746
    $14,009,910
    View Listing
    More about this property
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