Property summary
This exceptional 1,233-square-foot flex space, situated on a 1.45-acre lot in Durham's Research Triangle Park (RTP), presents a unique investment opportunity. The property, built in 1922, features two buildings and comprises a single-tenant, 1-story structure with light industrial zoning. The asking price is $590,000, translating to $478.51 per square foot. The property includes two parking spaces, one of which is ADA compliant. Beyond the main 1,233-square-foot building, an additional 900 square feet of space is available on the expansive lot, ideal for storage or outdoor operations. This versatile property is perfect for businesses needing both office and light industrial space, offering a blend of indoor and outdoor functionality. The property is offered as a single unit under a NNN lease. The location in RTP provides excellent access to major transportation routes and a thriving business community. The property's zoning allows for a variety of light industrial uses. Note that the current owner is also selling a separate business operating on the property. This presents a potential portfolio acquisition opportunity. The property's address is 2528 S Alston Ave, Durham, NC 27713, with APN 0830-40-6786.
Property profile
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Current use
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General Contractor
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
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from $99/month
Price sensitivity
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Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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