Property profile

4324 S Alston Ave Durham, NC 27713

FOR LEASE
Warehouses
Property ID
US53-1773622
136,111 SF 12.8 ac lot Built 1997
Entity Owned 4-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional executive office suite, totaling 1,411 square feet, is ideally situated at 4324 S. Alston Avenue in Durham, North Carolina, zip code 27713. The entire space is currently vacant and available for lease, presenting a unique opportunity for a business seeking a move-in ready solution. Located in Durham County, this property offers a convenient and accessible location within the city. The building features an elevator for easy access to all floors. The property type is classified as an office building, specifically an executive office suite, suitable for a variety of professional uses. The tenancy is multiple, suggesting flexibility in lease terms and potential for shared spaces. The building's total square footage is 1,411 square feet, all of which is currently vacant and ready for immediate occupancy. This presents a rare opportunity to secure a fully functional, modern office space without the need for extensive renovations or build-outs. The property's precise coordinates are latitude 35.9121602 and longitude -78.8909169. This prime location in Durham offers excellent access to local amenities and transportation networks. Interested parties are encouraged to inquire further to explore the possibilities of this exceptional office space.

Property profile

Verified
Property type Warehouses
Use group MINI-WAREHOUSE, STORAGE
Year built 1997
Total area 136,111 SF
Lot 12.8 ac (557,568 SF)
Zoning code IP(D)
APN 154209
UPID US53-1773622

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Carpet & Flooring Store Hardware & Home Improvement
  • Insurance Agency
  • Car Rental Facility
  • Storage Facility
  • Corporate Office

Location

4324 S Alston Ave Durham, NC 27713
Durham metro Census 2035 DURHAM-CHAPEL HILL, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
by Request
Blend (final) Blend
$11.81M

Owner & transaction history

since 2022
5 recorded transactions
2022
Price N/A
2017
Price N/A
2006
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

IP(D) · Durham, NC
Zoning description

The IP District is established to provide for orderlydevelopmentof manufacturing, research and support activities in a unified campus-style setting. The district is intended to ensuredevelopmentthat is compatible withadj…

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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