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    5802 S Miami Blvd Durham, NC 27560
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    Property profile & analytics

    5802 S Miami Blvd Durham, NC 27560


    • Commercial land
    • 1.85 lot acres
    Retail and Office Development Site For Sale
    Contact for pricing

    Retail and Office Development Site

    Approved site for 33,000 SF retail and office development.

    5802 & 5904 S Miami Blvd |, Durham, NC 27560
    View Listing
    Property ID
    US53-0893829
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial land

    Property Details for 5802 S Miami Blvd

    Lot size
    1.85 lot acres
    Zone code
    CG (D)
    Property type
    Commercial land
    APN
    158006
    APU
    158006

    Description

    This exceptional mixed-use development opportunity encompasses two parcels totaling approximately 4.585 acres of fully entitled land situated on South Miami Boulevard (NC Hwy 54) in Durham County, near the I-540 interchange. The approved site plan allows for the construction of 33,000 square feet of retail and office space, strategically positioned to capitalize on the high traffic volume of approximately 22,500 vehicles daily. The property boasts three existing buildings: a 4,000 square foot retail building, a 9,500 square foot retail building, and a larger building featuring 10,500 square feet of retail space on the first floor and 9,000 square feet of office space on the second floor. The site is already rough-graded with utilities readily available, simplifying the development process. Its proximity to Research Triangle Park (RTP), a hub for over 264 research companies and 50,000+ employees, further enhances its investment potential. The area is experiencing significant growth, with new multifamily and residential developments recently completed and underway, creating a robust and expanding market. The property is zoned Commercial General. This presents a unique chance to invest in a thriving area with strong infrastructure and a high-demand location.


    Value Estimations

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    Location Insight

    • Map
    • Local Demand
    City
    Morrisville
    County
    Durham
    State
    North Carolina
    Longitude
    -78.852
    Latitude
    35.8718
    CBSA code
    20500
    CBSA name
    DURHAM-CHAPEL HILL, NC METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $8,226
    $589,712
    $0.00
    $589,712
    -
    $589,712
    $0.00
    $589,712
    View Listing
    More about this property
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