Individually Owned 
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Property summary
The property consists of a commercial land assemblage comprising multiple adjacent parcels located at 1200 Mint Street and at 601, 507, 509, and 603 S Alston Avenue in Durham. The combined land area is approximately 1.29 acres and is currently zoned for commercial use. Development is contemplated for commercial purposes, with retail, office, or mixed-use development determined through the applicable city and county approval processes. The parcels are described as being about 1.4 miles from Downtown Durham and about 3 miles from Duke University, with Research Triangle Park approximately 7.2 miles away. The location provides access to major regional highways, including NC 147 (Durham Freeway), I-85, I-40, and I-540, supporting travel to Raleigh, Chapel Hill, and the broader area.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
The CN District is established to provide for modest-scale commercial centers (as defined in Article 6) in close proximity to residential areas that offer limited commercial uses to satisfy the needs of the surrounding n…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
CN · Durham, NCThe CN District is established to provide for modest-scale commercial centers (as defined in Article 6) in close proximity to residential areas that offer limited commercial uses to satisfy the needs of the surrounding n…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
The CN District is established to provide for modest-scale commercial centers (as defined in Article 6) in close proximity to residential areas that offer limited commercial uses to satisfy the needs of the surrounding n…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for CN in Durham, NC.
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Find the owner behind the property.
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