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Property profile & analytics
FOR SALE
Office buildings

830 N Mangum St Durham, NC 27701

Built 1920
Entity Owned 2-yr Hold
Property ID
US53-1931837
Property summary
AI-generated overview

Abundant options available for this historic property in the Old North Durham/Duke Park Historic District. The existing 3,300 square foot structure is in need of renovation and could be an ideal office conversion. Flexible zoning and large, 0.48-acre lot, offer numerous possibilities including ample parking. Walking distance to all of Downtown Durham’s amenities including restaurants, breweries, hotels, Central Park, DAP, Carolina Theater, etc. Many redevelopment options available. Steps to Downtown Durham’s Central Park District. Rare opportunity in a location with very little supply. Easy access to Duke University, Research Triangle Park, I-85. Flexible Zoning (CG) and ample parking available. Wonderful historic details including hardwood floors, original trim work, beadboard ceilings, massive front porch. New roof in 2017 new HVAC in 2016.

Property profile
Verified
Property type Office buildings
Year built 1920
UPID US53-1931837
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
  • The Purple Fence Discount Store
Value estimations
Realmo proprietary · 4 methods
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by Request
Owner & transaction history
West 4th Mangum Partners LLC · 2 yrs held
West 4th Mangum Partners LLC
since 2024
2 recorded transactions
2024
Price N/A
2021
$610,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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