1612 Carpenter Fletcher Rd Durham, NC 27713-2259
Property summary
This exceptional 6,018-square-foot flex building presents a rare opportunity for owner-users in Durham, North Carolina. Located at 1612 Carpenter Fletcher Rd, this property boasts a prime location just off NC 55 Highway and Exit 278 of I-40, ensuring convenient access and high visibility. Originally constructed in 1978, the building underwent a complete renovation in 2020, resulting in a modern and functional space. The renovation included a substantial 3,000-square-foot warehouse addition to the existing 3,018-square-foot structure, creating a versatile 6,018-square-foot turnkey flex space. Suitable for a wide range of uses, including retail, office, showroom, storage, or medical facilities, this property offers unparalleled flexibility. The asking price is $1,590,000, translating to $264.21 per square foot. The 0.904-acre lot provides ample space, including a surface parking lot with 37 dedicated parking spaces. Recent landscaping enhancements (Spring 2024) further enhance the property's curb appeal. The property is zoned CG and features a single-story building. This is a vacant property ready for immediate occupancy. High-quality photos and virtual tours are available online.
Property profile
VerifiedCap rate & NOI
Current use
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Gym & Fitness Center
Value estimations
Owner & transaction history
Zoning & alternative use
The CN District is established to provide for modest-scale commercial centers (as defined in Article 6) in close proximity to residential areas that offer limited commercial uses to satisfy the needs of the surrounding n…
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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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
CN · Durham, NCThe CN District is established to provide for modest-scale commercial centers (as defined in Article 6) in close proximity to residential areas that offer limited commercial uses to satisfy the needs of the surrounding n…
Zoning
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Zoning designation
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The district profile from the municipal source: what is on file for CN in Durham, NC.
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