500 Morgan St Durham, NC 27701-2160
- Banks
- 8,206 SF
- 0.54 lot acres
May 19, 2023
Current Use by Public Records
- Mint Coworking / Coworking Space
- PNC Bank ATM / Atm
- Christmas Light Installers of Durham / Christmas Store
Property Details for 500 Morgan St
- Year built
- 1975
- Lot size
- 0.54 lot acres
- Property size
- 8,206 SF
- Zone code
- DD-C
- Property type
- Banks
- APN
- 103116
- APU
- 103116
Description
This 4,101 square foot executive office space, located at 500 W Morgan St in Durham, NC, is situated in the heart of Downtown Durham's vibrant submarket. The property, a Class C building constructed in 1975, offers a single suite within a larger 8,206 square foot building situated on a 23,652 square foot lot. Currently, the entire suite is vacant and ready for immediate occupancy. The space is ideal for a small business seeking a move-in ready solution with a mix of private offices and a bullpen area. Its former use as a bank branch ensures high visibility and a desirable location. The property is zoned DD-C and benefits from its proximity to numerous amenities, including restaurants, nightlife, hotels, Duke University, and Research Triangle Park. Shared building amenities include a conference room, break area, and WiFi. This exceptional opportunity offers flexible lease terms in a highly sought-after downtown location. The property is located in Durham County, NC, zip code 27701.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $6,630,000
- ML approach
- $6,495,000
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Location Insight
- Map
- Local Demand
- City
- Durham
- County
- Durham
- State
- North Carolina
- Longitude
- -78.9041
- Latitude
- 35.9985
- CBSA code
- 20500
- CBSA name
- DURHAM-CHAPEL HILL, NC METROPOLITAN STATISTICAL AREA