3321 Durham RdRoxboro, NC 27573

  • Office properties
  • 96,704 SF
For Lease

Property Details for 3321 Durham Rd

Year built
1959
Lot size
1.44 AC
Property size (Sq ft)
96,704 SF
Property type
Office properties
Property subtype
Office buildings
APN
101 23
APU
10123

Description

This expansive industrial warehouse at 3321 Durham Road in Roxboro, North Carolina, offers a significant opportunity for businesses seeking flexible space. The 282,885-square-foot facility, built in 1958 and extensively renovated in 2024, sits on a 15.39-acre lot with convenient frontage on US-501/Durham Road. Currently, 136,650 square feet of contiguous space is immediately available, with a minimum divisible unit of 16,900 square feet. The single-story building features ceiling heights ranging from 14 to 32 feet, providing ample vertical space for various operations. Loading capabilities include three dock-high doors and two drive-in doors, ensuring efficient goods movement. Ample parking is provided with 150+ spaces. The property is zoned I-2 and located in Person County, offering easy access to major transportation routes, making it ideal for logistics, distribution, and manufacturing businesses. This prime location in Roxboro, NC, presents a compelling opportunity for businesses seeking efficient and well-maintained industrial space.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $14,454,881
    6.5%
    $13,342,967
    7%
    $12,389,898
  • Comparable approach

    Method
    Valuation
    Relative Method
    $22,197,436
    Geo Method
    $22,197,436
  • Alternative Use

    Use
    Valuation
    Residential
    $16,545,279
    Hospitality
    $15,155,386
    Educational
    $12,609,104
    Medical
    $13,042,750
    Retail
    $19,614,162
3321 Durham Rd, Roxboro, North Carolina

Location Insight

City
Roxboro
County
Person
State
North Carolina
Latitude
36.3489
Longitude
-78.9809
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
2022
-
-
-
$1,857,394
-
$415,830
$1,441,564
$1,857,394

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