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Property profile & analytics

4011 University Dr Durham, NC 27707-2549

  • Banks
  • 26,706 SF
  • 1.43 lot acres
OFF-MARKET
Last Sale
Jul 26, 2021
$7,600,000
Value Estimations
$8,170,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US53-1779908
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • All Ways Caring HomeCare - Durham, North Carolina / Home Health Care Service / Nursing Agency
  • Kennon Craver, PLLC / Attorney
  • FedEx Drop Box / Mailing Service
  • Dr. Melissa L. Miller PhD / Psychologist / Doctor
  • CBT Durham / Psychologist

Property Details for 4011 University Dr

Year built
1989
Lot size
1.43 lot acres
Property size
26,706 SF
Zone code
CN
Property type
Banks
APN
137089
APU
137089

Description

Truist Plaza offers a prime office opportunity in Durham County. This three-story, 20,870 square foot building, constructed in 1989, boasts a single building with 90 total parking spaces. Currently, 3,813 square feet of space is available for lease, including one contiguous space of 2,596 square feet. The building is strategically located at the corner of University Drive and Shannon Road, providing convenient access to major thoroughfares including highways 15/501, I-40, and I-85. Its proximity to Duke Hospital and Duke University (less than 3 miles) and Downtown Durham (less than 5 miles) makes it highly desirable. The property benefits from excellent visibility and convenient entrances from both University Drive and Shannon Road. A variety of walkable amenities are nearby, enhancing the convenience for employees and visitors. The building enjoys a strong tenant roster, including established businesses such as Truist Bank and Kennon Craver Law Firm, creating a stable and reputable environment. This is an exceptional opportunity to secure office space in a well-maintained building within a thriving and highly sought-after Durham location. The available space presents a chance to establish a presence in a building with a proven track record and a strong tenant mix.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $8,170,000
    ML approach
    $8,490,000

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Durham
County
Durham
State
North Carolina
Longitude
-78.9563
Latitude
35.9653
CBSA code
20500
CBSA name
DURHAM-CHAPEL HILL, NC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$44,417
$486,600
$2,697,674
$3,184,274
-
$486,600
$2,697,674
$3,184,274
More about this property
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