4701 Hillsborough Rd Durham, NC 27705-2225
- Industrial properties
- 13,812 SF
- 1.59 lot acres
Current Use by Public Records
- La Marqueta Tienda y Carniceria / Grocery Store
- AMVETS Drop Box Only / Donations Center
- ATM / Atm
Property Details for 4701 Hillsborough Rd
- Year built
- 1986
- Lot size
- 1.59 lot acres
- Property size
- 13,812 SF
- Zone code
- CN
- Property type
- Industrial properties
- Property subtype
- Industrial live-work properties
- APN
- 175413
- APU
- 175413
Description
This exceptional commercial property, located at 4701 Hillsborough Road in Durham, North Carolina, presents a compelling investment opportunity. The 14,254 square foot retail center sits on a sizable 1.59-acre lot and boasts 55 parking spaces, ensuring ample convenience for customers and employees. The property is zoned Commercial Neighborhood (CN), offering flexibility for a variety of uses. The building is currently comprised of three distinct spaces. The largest space, measuring 6,568 square feet, is currently leased to La Marqueta through March 31, 2027, with a five-year renewal option. A second space, totaling 4,536 square feet, is leased to Bralie's Sports Bar through February 28, 2026, with no renewal option. Finally, there is a 3,150 square foot vacant space, previously leased by Bralie's Sports Bar, which is currently available for lease. The asking price for this prime Durham retail property is $3,200,000, representing a price per square foot of $224.50. This property offers a unique blend of existing income and significant redevelopment potential in a thriving Durham County location, making it an attractive investment for discerning buyers. The property's address is 4701 Hillsborough Rd, Durham, NC 27705.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Durham
- County
- Durham
- State
- North Carolina
- Longitude
- -78.9824
- Latitude
- 36.0323
- CBSA code
- 20500
- CBSA name
- DURHAM-CHAPEL HILL, NC METROPOLITAN STATISTICAL AREA
