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    OFF-MARKET
    Specialty properties

    205 Broadway St, Durham, NC 27701-2403

    3,728 SF 0.46 ac lot Built 1977
    Entity Owned 4-yr Hold Absentee Owner Free & Clear
    Property ID
    US53-5741949
    Property summary
    AI-generated overview

    This exceptional 3,000 square foot standalone office/flex space presents a unique opportunity in the heart of vibrant Downtown Durham. Previously utilized as a veterinary clinic, the property boasts a flexible layout ideal for a variety of businesses. The space includes generously sized offices, a potential lab area, and specialized rooms equipped with sinks and a lead-lined x-ray room – offering adaptability for diverse needs. The building features a robust security system and convenient off-street parking, a significant advantage in a bustling urban setting. Excellent signage visibility ensures high brand recognition. Its prime location offers easy access to a wealth of amenities, including diverse dining options, retail establishments, and public transportation. Furthermore, its proximity to the Durham Freeway and I-85 provides seamless connectivity to the wider region. With 1,933 square feet currently available for lease, this property is ready for immediate occupancy and offers a compelling blend of functionality and location. The building offers 5 parking spaces per 1000 square feet.

    Property profile
    Verified
    Property type Specialty properties
    Use group VETERINARY, ANIMAL HOSPITAL
    Year built 1977
    Total area 3,728 SF
    Lot 0.46 ac (20,038 SF)
    Zoning code DD-S1
    APN 104964
    UPID US53-5741949
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Earth Reformers Career Train Business Service Center Employment Agency
    • Caare, Inc. - Food Distribution Center Social Service Agency Charitable Organization
    Value estimations
    Realmo proprietary · 4 methods
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    by Request
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    Owner & transaction history
    Solo I LLC · 4 yrs held
    Solo I LLC
    since 2022
    3 recorded transactions
    2022
    2021
    2014
    $720,000
    Zoning & alternative use
    DD-S1 · Durham, NC
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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