1105 Main StDurham, NC 27701
- Office properties
- 5,956 SF
Property Details for 1105 Main St
- Year built
- 2019
- Property size (Sq ft)
- 5,956 SF
- Property type
- Office properties
- APN
- 227430
- APU
- 227430
Description
This exceptional retail space, located at 1105 W Main St in Durham, NC 27701, offers 2,695 square feet of prime commercial real estate within The Bartlett, a newly constructed (2019) building. The Bartlett is a 64,400 square foot mixed-use development featuring a striking modern design incorporating brick, metal, and wood elements, reflecting the aesthetic of the nearby Brightleaf district. The space is ideal for a single-tenant occupant and benefits from floor-to-ceiling glass windows, providing excellent natural light and visibility. The building's sustainable features, including solar panels on parking canopies that power common areas, contribute to an environmentally conscious environment. This location provides easy access to the energy and vibrancy of Durham, offering a unique opportunity for a business seeking a contemporary and sustainable space in a thriving urban setting. The property is a single-tenant space within a larger building, offering a blend of modern design and eco-conscious features. This is a rare opportunity to establish a presence in a highly desirable Durham location.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $1,424,313
- 6.5%
- $1,314,751
- 7%
- $1,220,840
-
Comparable approach
- Method
- Valuation
- Relative Method
- $1,367,140
- Geo Method
- $1,367,140
-
Alternative Use
- Use
- Valuation
- Residential
- $1,630,291
- Hospitality
- $1,493,338
- Educational
- $1,242,439
- Medical
- $1,285,169
- Retail
- $1,932,684
Location Insight
- City
- Durham
- County
- Durham
- State
- North Carolina
- Latitude
- 36.0012
- Longitude
- -78.9119
- CBSA code
- 20500
- CBSA name
- DURHAM-CHAPEL HILL, NC METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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