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    Property profile & analytics
    OFF-MARKET Estimated value $16,510,000
    Retail space

    8210 Renaissance Pkwy, Durham, NC 27713-6688

    175,918 SF 16.55 ac lot Built 2005
    Entity Owned 22-yr Hold Free & Clear
    Property ID
    US53-3151306
    Property summary
    AI-generated overview

    Renaissance Village, located at 8210 Renaissance Pkwy, Durham, NC 27713, presents a significant retail opportunity. This mixed-use development boasts a total of 163,162 square feet of retail space, currently featuring one available unit of 1,450 square feet. Strategically positioned between two major Interstate 40 exits in Durham County, the property benefits from exceptional visibility and accessibility, ensuring high traffic volume. Its proximity to the Streets at Southpoint Mall further enhances its desirability within a rapidly expanding area of Durham. The surrounding demographics are exceptionally strong, with an average household income exceeding $117,559 within a three-mile radius. A remarkable 74.7% of households in this area earn over $50,000 annually, indicating a robust consumer base for retail businesses. This prime location offers unparalleled potential for businesses seeking high visibility and access to a thriving consumer market. The available 1,450 square foot space presents an ideal opportunity for a variety of retail uses. Contact us today to learn more about this exceptional retail property.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 2005
    Total area 175,918 SF
    Lot 16.55 ac (720,918 SF)
    Zoning code MU(D)
    APN 143571
    UPID US53-3151306
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Target Grocery Specialty Food Shop Supermarket
    • Target Department Store
    • Dr. Jonathan Reynon Physician
    • Dr. Michelle Yun Physician
    • Shanar Lou Physician
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $16.51M
    Owner & transaction history
    Target Corp · 22 yrs held
    Target Corp
    since 2004
    1 recorded transaction
    2004
    $7.4M
    Zoning & alternative use
    MU(D) · Durham, NC
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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