Property summary
This exceptional 7,922-square-foot industrial property, situated on a 0.94-acre lot in Durham, NC, presents a unique investment opportunity. Built in 1996, the single-story building boasts nine service bays, a spacious waiting area, ample office space, and substantial storage. The property's versatile design, encompassing both auto shop and flex space, caters to a wide range of potential uses. Its prime location near the intersection of Apex Highway and Allentown Drive offers easy access to a thriving commercial area and convenient proximity to I-40 and NC-54. The property includes attractive landscaping and picnic areas, enhancing its overall appeal. The permitted zoning is IL(D). The asking price is $1,200,000, translating to $151.48 per square foot. Currently vacant, this property is being offered as a combined sale of both the real estate and the existing automotive service business. This presents a rare chance to acquire a well-established business and a strategically located property in a high-growth area of Durham. The property's features and location make it an ideal investment for both established businesses and entrepreneurs seeking a versatile and well-positioned space. The sale includes the existing business.
Property profile
VerifiedCap rate & NOI
Current use
-
Auto Repair Shop
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.