814 Midland Terrace Ext, Durham, NC 27704
This ±0.48-acre commercial land parcel, located at 814 Midland Terrace in Durham, North Carolina, presents a unique investment opportunity. Situated in Durham County, this single-tenant property is zoned Industrial Light (IL), offering flexibility for various commercial uses. The APN is 159613. Its prime location offers exceptional accessibility, being just moments away from the intersection of I-885/US 70 Highway and I-85, ensuring convenient access to major transportation routes. The property is secured within a gated area, providing enhanced security. The land is suitable for ground lease. This property is ideal for businesses seeking a strategic location with excellent highway access in a thriving area of Durham. The property's size and zoning make it suitable for a range of industrial light uses. Further investigation into specific permitted uses under the Industrial Light (IL) zoning designation is recommended. Detailed site plans and surveys are available upon request. This is a rare opportunity to acquire a well-located commercial land parcel in a rapidly growing market. The zip code for this property is 27704. The geographic coordinates are latitude 36.0060379 and longitude -78.860615.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.