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Property profile & analytics
OFF-MARKET
Office Spaces

2530 Meridian Pkwy 2 & Durham, NC 27713

54,376 SF
Entity Owned 1-yr Hold
Property ID
US53-5675152
Property summary
AI-generated overview

This Class A, 54,376 square foot office building in Durham, NC, offers a variety of workspace solutions. Located at 2530 Meridian Parkway (2nd & 3rd Floor), this property boasts a prestigious address, just two minutes from the Research Triangle Park and seven minutes from Raleigh-Durham International Airport. The building underwent renovations in 2019, resulting in a modern design featuring floor-to-ceiling windows that flood the space with natural light, creating a relaxed yet professional atmosphere. The property is comprised of 350 suites, with a minimum divisible space of 10 square feet and a maximum contiguous space of 1,300 square feet. Currently, 6,570 square feet of space is available. Tenancy is multiple, catering to diverse business needs. Building amenities include elevators and an on-site café. Its convenient location offers easy access to I-40 and a variety of dining and entertainment options in the Research Park, just across the interstate. The property is situated in Durham County, NC, zip code 27713, and offers executive office, coworking, and creative office spaces, ideal for businesses seeking a modern and accessible location in a thriving research and technology hub. The property type is office, with subtypes including executive office, coworking, creative office, professional, and traditional.

Property profile
Verified
Property type Office Spaces
Total area 54,376 SF
UPID US53-5675152
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
  • Durham Irrigation Repair General Contractor Construction Company
  • Law Office of Peace & Squires, PLLC Law Firm
  • Premier Risk Advisors Insurance Agency
  • Infotek Groups Inc (Bike/Boat/Book/etc) Store Corporate Office
  • Amerilife of Durham Insurance Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Td Bank NA · 1 yrs held
Td Bank NA
since 2024
2 recorded transactions
2024
$12.7M
2018
$17.9M
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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