Technical
Financial
Distress signals
Property profile

2714 Angier Ave Durham, NC 27703

OFF-MARKET
Industrial land
Property ID
US53-1058553
7.74 ac lot
Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 12,000-square-foot warehouse in Durham County, North Carolina, presents a significant opportunity for businesses seeking ample space and convenient yard area. The property boasts a single-tenant occupancy, offering complete control and flexibility. The building itself comprises 12,000 square feet of versatile space, ideal for storage, distribution, or light manufacturing. Included within the total square footage is dedicated office space, enhancing functionality and providing a professional workspace. Beyond the building, the property encompasses approximately 5.5 usable acres of land, providing extensive lay-down yard space perfect for equipment storage, material staging, or expansion. The zoning designation is I (Industrial), ensuring compatibility with a wide range of industrial uses. The property is situated at 2714 Angier Ave, Durham, NC, and is available for occupancy in the fourth quarter of 2024. This turnkey solution offers immediate access to a substantial warehouse facility with significant outdoor space, making it an attractive option for businesses seeking to establish or expand their operations in Durham County. The property's size and features make it suitable for a variety of industrial uses, offering a compelling combination of indoor and outdoor space.

Property profile

Verified
Property type Industrial land
Use group INDUSTRIAL - VACANT LAND
Lot 7.74 ac (337,154 SF)
Zoning code I
APN 118830
UPID US53-1058553

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2714 Angier Ave Durham, NC 27703-4402
Durham metro Census 1001 DURHAM-CHAPEL HILL, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.23M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.23M

Owner & transaction history

since 2024
Last sale
$1.2M
2 recorded transactions
2024
$1.2M
2016
Price N/A

Zoning & alternative use

I · Durham, NC
Zoning description

The I District is established in order to provide sites for activities which involve major transportation terminals, and manufacturing facilities that have a greater impact on the surrounding area than industries found i…

General category INDUSTRIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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