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.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2024
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
9 properties nearbyComparable nearby
Similar in This City for Sale
Similar in This City for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 6,200 SF
- Lot area
- 0.9 ac
- Year built
- 1978
- Stories
- 1
- APN
- 157201
- Zoning
- CN
- Assessed value · 2024
- $650,558
- Annual tax · 2024
- $9,075
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Official district profile
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…
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 30 reports a month
- Ownership
- Owner Contacts
- Location Analytics
- Everything in the Light report
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 300 reports a month
- Ownership
- Owner Contacts
- Location Analytics
- Everything in the Light report
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
and get 1 Light Report
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
The PDF can’t be displayed here
Use Download PDF or Open in new tab above to view the sample report.